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EU recovery fund and the EU budget is positive for the CEE region with the EU transfers into CEE in the 2021-27 period rising vs the prior budget. As the new EU wide funding means lower downside risks to the CEE key export market and higher odds of a synchronised EU recovery, this is clearly a posit

The Dollar has continued to track lower, despite a backdrop of flagging stock markets in Asia, although US equities closed with moderate gains yesterday and S&P 500 futures are showing a modest rise in overnight trading. The narrow trade-weighted USDIndex (DXY) printed a fresh four-and-a-half-mo

USD/CHF seesaws around the lowest since March 10. Oversold RSI conditions, falling wedge keeps the buyers hopeful. Bears will have to defy the weekly support line before attacking the year’s bottom flashed in March. USD/CHF makes rounds to 0.9285, down 0.12% on a day, before the European markets op

After a test of the support level near 3230 during the London session yesterday, S&P 500 futures (ES) rallied up and tested the swing high resistance at 3270. It is on its way to challenge the gap area resistance at 3310. Check out the video for a complete walk through of the daily market analys

Early Thursday morning in Asia, Politico came out with the news suggesting that the Trump administration is opposed to a short-term extension of the enhanced federal unemployment benefits. The update cites the White House Chief of Staff Mark Meadows said, “the Trump administration and Senate Republi

Australia Forecasts 2020-2021 with a Jobless Rate of 8.75% and a Budget Deficit of A$184.5Bln. More to come...