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Daily Outlook 30th June 2020

The Euro Zone Hope The range trading seen across multiple asset classes in recent times showed no signs of significant movement  overnight. The geopolitical front, however, looks to be a busy one today. The details of Hong Kong’s new security law to be enacted into Basic Law by Beijing will be fully unveiled today ahead […]

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Weekly Outlook

Week Ahead – Jitters Continue into Busy Week Key Economic Releases and Events Countries US The Fed releases the Minutes to their last policy decision and may start to show some signs they are worried about inflation. Policymakers will likely reiterate they are flying blind given the uncertainty about the course of COVID-19 and will […]

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Market Update: The Chasing Continues

The Chasing Continues Financial markets continued to be in tail chasing mode overnight, with equities and energy markets rebounding in New York after the previous sessions sell-offs. The late comeback overnight was driven by banks, who celebrated further easings of the Volcker-era rules yesterday, allowing them extra capital to dabble more widely. That overcame the […]

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Market Update: Great Expectations

Good day traders, Financial markets had the chance to reassess some of the great expectations that have underlined the asset price rally since Mid-March. Wall Street endured a hectic session with stocks and energy havingtheir worst sessions in a couple of weeks. The harsh dose of Covid-19 reality capped a lousy night for the US, […]

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Market Update A.M Session

Asian Markets Drifting In The Doldrums Asian was flat-line session across multiple asset classes. A positive New York session has not translated across to the Asia -Pacific today, where the word “unchanged” would nicely cover currencies, equities, commodities and energy. Although Wall Street equities continued to power higher, led by big-tech, I suspect that Asia […]

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Market Update 23rd June 2020

On Fox News, White House Trade Advisor, Peter Navarro, stated that President Trump has decided to terminate the US-China trade deal, due to dishonesty by China over the COVID-19 virus. The plot gets thicker from here. Fox News website has Navarro as saying intelligence officials were increasingly confident that the virus has originated in a […]

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Weekly Outlook

Weekly outlook  – Markets uncertainty over resurgence of Covid-19 concerns and reopening momentum US governors are trying to carefully navigate reopening plans to salvage as many businesses as possible, while several states continue to struggle containing the coronavirus spread.  New York City, once the epicentre of the coronavirus pandemic in the US enters its phase […]

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Market Review

Friday rally on Lagarde’s push for fiscal stimulus and China pledge to US, Commodities rally European stocks and US equity futures are climbing higher on ECB President Lagarde’s warning to EU leaders of market risks if the EU can’t quickly agree upon the EU recovery fund and after China pledged to follow through with the […]

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Market Update and Review 19th June 2020

FRIDAY NORMS Asian markets already have one eye on the weekend it appears, with price action subdued across the board after a cautious New York overnight session. The data calendar is a threadbare cupboard for the region today, meaning that markets are only likely to move forcefully on unexpected headline surprises. Overnight US jobless data […]

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Market Update 18th June 2020

Market Update The Bank of England earlier today added another 100 billion to its Quantitative Easing (QE) to help support the UK economy amid the ongoing covid-19 crisis. Though there were expectations it could be more but, the expansion is a good boost for investors. The interest rates remain unchanged as the central bank resisted […]

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