<p>The virus pandemic continues to wreak havoc on the global economy and financial markets. Stocks are in freefall, commodity currencies are getting hammered, and even safe havens like gold can’t shine as the market meltdown is forcing major funds to deleverage by ‘selling everything’. In this panicky environment, investors are unlikely to pa

<p>Since our last update on Wednesday morningof global fiscal and monetary policy responses to the spread of COVID-19, we have seen a few notable developments: In Europe, more fiscal policy packages have been announced by countries and existing packages been fortified. Spain unveiled a EUR117bn – 9% of GDP – package (with private investment s

<p>Earlier this week, The Reserve Bank of Australia (RBA) had an emergency monetary policy meeting, in which they cut interest rates a record low of 25bps.  In addition, the RBA announced the start of their own quantitative easing program.  The government also put together a fiscal stimulus plan of nearly $10 billion dollars.  However, that [

<p>Country UK The UK is not taking the coronavirus lightly, despite initial criticism against the government to the contrary. The number of cases now stands at 3,983 with 177 deaths, a significant acceleration on a day earlier. Much darker days lie ahead but both the government and Bank of England have announced huge fiscal and […]

<p>Next week will bring an ample amount of economic indicators but for the oil market the most serious ones will be information on the spread of the coronavirus. As the number of cases on both sides of the Atlantic are rising and the UK, Europe, and some US states are beginning to lockdown, one way […]

<p>Last week can be summed up as “the week global governments saved the world economy”, in the wake of the economic fallout of the coronavirus.  Global central banks continued to slash interest rates and provide liquidity through QE and extension of credit lines.  Individual governments stepped up to the plate and passed massive amounts of [&

<p>U.S. Highlights Markets continued to see losses this week as the COVID-19 outbreak intensified. Investors made a dash for cash, resulting in tightening financial conditions. The Fed reacted quickly, cutting the target range of the federal funds rate by a full percentage point to 0% to 0.25% as well as pledging to buy $700 billion […

<p>Here, I am going to take a look on weekly and daily charts of Euro Swissy $EURCHF. In a quiet natural way, this cross is a ratio of two pairs: $EURUSD and $USDCHF. In weekly time frame, the pair $EURCHF shows a strong positive correlation to $USDCHF which is currently turning up. We expect the […]

<p>Retail sales increased 0.4% in January Soft start to 2020 will get much worse as containment measures kick in That retail sales edged up 0.4% in January will carry little or no weight in markets or from policymakers given the dramatic shock to come. The January numbers themselves were not particularly strong &#8211; excluding prices, [

<p>It’s been another incredible week in the markets but one that at least looks likely to end on a positive note, with stock markets making decent gains for a second day. This isn’t enough to put the week into the green but we’re not far away and there’s still time. It’s also far to early […]