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…
Sell in May & Go Away?
[caption id="attachment_363361" align="alignleft" width="300"] Recession Fears Weigh on Stocks[/caption] Naturally, shares are down for a second day - and it’s May - so of course, the question is ‘Sell in May and go away?’ There’s a…
Why a V-Shaped Recovery Isn’t on the Cards…
By: Alistair Schultz - Chief Market Analyst 2020-04-15 14:32:53 From the onset of the COVID-19 pandemic, the feeling in the air has been different from previous crises globally. The media's attention alone has driven the fear…
Flash European PMI Statistics are…Well, There is No…
Speechless. March statistics are very ugly everywhere in Europe. German Flash Manufacturing PMI is out at 45.7 and services PMI is falling at 34.5 (yes, 34.5!!!). The below chart is the first of many others…
NZDUSD Slumps to 11-Year Lows
NZDUSD is under selling pressure for the fifth day in a row as the USD gains momentum across the board. The global sell-off in equities continues today as the coronavirus outbreak pushes global economies in…
Recession Fears Weigh on Stocks
[caption id="attachment_363361" align="alignleft" width="300"] Recession Fears Weigh on Stocks[/caption] Asian indices tumbled on Friday as renewed coronavirus and recession fears drive investors away from risky assets. Global cases have reached 100,000 while the death toll…
