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 Daily Fix
Trader thoughts - trading an early reflation theme in markets It's not been a great session for risk, although there's not been a genuine risk-off vibe either, and markets are giving off conflicting sentiment readings albeit the…
Global Equities Positive on WHO Cues, Wall Street…
Phase 4 economic support bill & US-Russia energy market-related talks, WHO reports in focus. [caption id="attachment_364611" align="alignleft" width="300"] Stimulus measures[/caption] Summary: Global equities and major indices are trading on a positive note today over reports…
Monetary and Fiscal Stimulus Failed to Calm Markets
[caption id="attachment_365770" align="alignleft" width="300"] Stimulus fails to calm markets[/caption] Stocks, gold, crude oil, and bonds fell as investors liquidating portfolios in search of cash as central banks and governments failed to calm markets despite the…
Wall Street Set to Tumble, Global Central Banks…
Fed brings interest rates near zero, additional QE measures announced. Wall Street to tumble as evident from the suspension of US futures, which scaled their daily decline limit. Summary: The global equity market is seeing…