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…
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…
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…
The Daily Fix
FOMC review - risks are brewing and the Fed know it Rather than a full text, I have put together a video reviewing the FOMC meeting and the market moves - what was said, what…
The Daily Fix
Traders playbook - volatility matrix and event risk guide It’s a strange moment for markets, with equity looking more vulnerable, especially the NAS100, while other markets (like the S&P500 and DAX) are testing trend support. The…
The Daily Fix
Trader thoughts - market leadership in question Happy Friday - For those who focus on news then we all become political analysts over the coming 24 hours. Well, we can extend that to next week…
EUR, CHF Extend Climb; AUD, NZD, EMS, Stocks…
Summary: Risk aversion intensified as the coronavirus spread spiralled higher amidst rising US-China tensions and signs of stalling economic progress. FX responded by purchasing European (EUR, CHF) currencies while selling those associated with risk (AUD,…
Dollar Sell-Off Intensifies, AUD, EUR, NZD Surge Lead…
Summary: The US Dollar sell-off intensified as bearish sentiment toward the Greenback grew with no specific catalyst for the slide. European Union leaders agreed unanimously on a EUR 750 billion coronavirus recovery fund that had…
