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…
Opportunities in Silver as US Stimulus Talks Continue
Talk of a new stimulus package has been brewing for months in the US, where US House Speaker Pelosi and Treasury Secretary Mnuchin are reportedly continuing negotiations on a possible package to be voted on…
More Volatility Possible for AUD Following RBA Comments
Reserve Bank of Australia’s Governor Lowe indicated in comments last night that the bank is considering easing monetary policy further in light of current market conditions and global impacts from Covid-19. In any case, the…
Focus on Brexit Talks to Set the Tone…
The focus in Europe lately has been on the Brexit talks between UK Prime Minister Boris Johnson and EU officials. It looks like the negotiations may continue past the October 15th deadline set by the…
Uncertainty and Risks Remain for US Markets –…
After a tumultuous week in the United States investors are gearing up for more uncertainty next week as US Federal Reserve Chairman Powell reiterated several days ago that while an economic recovery has started in…
ASX200 Following Stimulus Package – MARKET MOOD
Australia’s Government announced an aggressive stimulus package yesterday that should help to support the economy and in turn Australia’s equity index, ASX 200. Traders should be cautious about risk tones turning negative and for any…
Disappointing NFP Numbers Suggest Slowing US Recovery
As the global markets digest the latest news of US President Donald Trump testing positive for Coronavirus, economic labor data released Friday shows a slowing US economic recovery as the country quickly approaches a presidential…
MARKETS UPDATE – October 1st
EQUITIES Europe A positive open on Wall Street encouraged a late rebound in European markets. The dismay many people felt after watching the US presidential debate was manifested in a downbeat lackluster session. After a…
FUNDAMENTALS Monday, September 28th
The S&P 500 has fallen for four weeks, its longest losing streak in over a year. A newly crafted $2.2 trillion US stimulus package from Democrats is lifting sentiment at the start of the new…
