Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
The 2020 playbook so far
2020 has been a wild year for investors, with a multitude of events that have ranged from the biggest losses in stock market history to now, where we are seeing the best quarter in decades.…
AUD, Risk, EM Currencies Tank, Euro Tumbles, Equities…
Summary: The Australian Dollar’s star came tumbling down to earth as markets reversed risk sentiment sharply lower. Other risk currencies, the Kiwi, Canadian Loonie as well as Asian and EMS were not far behind. Sterling…
The Daily Fix
Trader thoughts - the Fed portray that a V-shaped recovery isn't going to happen It’s been a strange old night, but at times when the Federal Reserve (Fed) is central to market movement, it often pays to head straight to…
Asian Stocks Lower On Rising Tensions Between USA…
Asian markets are trading mostly on negative foot the last trading day of the week as investors await a press conference by President Donald Trump on China and the developments in Hong Kong. China's Foreign…
Dollar Reclaims Crown After Fed’s Powell Shrugs Off…
Summary: The Dollar rebounded after Federal Reserve Chair Jerome Powell shrugged off negative rates when questioned during an event where he spoke at. “The committee’s view on negative rates really has not changed. This is…
Asian Stocks Higher Focus on NFP Data
[caption id="attachment_364729" align="alignleft" width="300"] Asian stocks higher on optimism[/caption] Asian markets finished higher on Friday amid renewed optimism after U.S. and Chinese officials spoke on the phone and agreed to start discussions for further negotiations.…
US Stocks Recover, Airlines in Distress
Equity Markets US stocks staged a last-minute recovery after California, the state that has the largest economy and produced more than $3 trillion of economic output, reported the least number of virus-related deaths in weeks.…
Asian Stocks Slump, Cryptocurrencies Under Pressure
Cryptocurrencies remain under pressure and Asian stocks plunged on Monday amid renewed tensions between USA and China as U.S. Secretary of State Mike Pompeo said there was a significant amount of evidence that the new…