Investors seemed to have put last week’s selloff in stocks behind already. Asian markets, except Japan, trade generally higher following the rebound in the US overnight. Additional, upside surprises in data from China boost optimism that it’s back on track for stronger rebound for the rest of the ye
Daily Pivots: (S1) 0.7265; (P) 0.7282; (R1) 0.7293;
AUD/USD recovers mildly today but stays inside consolidation from 0.7413. Intraday bias remains neutral first. As long as 0.7135 support holds, further rally is expected. On the upside, break of 0.7413 will target 0.7635 long term fibonacci level n
USD/CAD dropped to seven-month lows at 1.3192 on Thursday, the lowest since January 30. Given the six week down channel in the loonie and the decline of the US dollar against all the majors over the past month, an attempt on support was inevitable. The weak recovery and general USD selling augurs fo
The China stock market on Thursday snapped the two-day slide in which it had fallen nearly 60 points or 2.8 percent. The Shanghai Composite Index now sits just above the 3,320-point plateau although it figures to hand those gains right back on Friday.
The global forecast for the Asian markets sugges
The Barclays Research Team offers a sneak peek at what to expect from Wednesday’s US Federal Reserve (Fed) monetary policy announcement.
"We expect little new information from the July FOMC meeting. Previous Fed communication has already delivered the message that monetary policy will lik
NYSE-listed Charles Schwab reported today its second quarter earnings that topped analysts’ forecasts though revenue fell short of expectations following record market swings.
Charles Schwab’s stock dropped 2.2 percent after the San Francisco giant brokerage reported second-quarter earni
Hello traders, GBPJPY has been supported again from the green level which includes lots of open and close prices and highs and lows that we could call it transaction-intensive areas. A possible new swing from there could happen this week up to 135.00 for 250 pips at leas
The stock market did well from 2010 to 2020 – now it is gold’s turn, are you prepared?Below is a breakdown of the recent decades with their preferred assets.
During the 1990s, the stock market was the place to be. An explosion in Internet stocks led to the dot.com bubble. The Nasdaq rallied from 330
WTI declines from multi-day high amid the latest risk-off.
A slump in global activity numbers jostles with hopes of the economic restart.
API registered another oil inventory build, EIA figures awaited.
WTI June Futures on NYMEX drop to $24.20, intraday low of $24.05, down -1.60% on a day, amid the
The Reserve Bank of New Zealand (RBNZ) said in a statement on Thursday, the board has decided to remove mortgage loan-to-value ratio (LVR) restrictions for 12 months.
The decision was made to ensure LVR restrictions didn't have an undue impact on borrowers or lenders as part of the mortgage deferral
GBP/USD defies the previous day’s weakness amid broad US dollar declines.
A new strategy for testing and reporting UK’s virus data will be up today amid doubts over the previous figure.
EU sees Brexit talks ‘at an impasse’, Tories think deadline bias will push the bloc.
US GDP, FOMC will decorate th
GBP/JPY remains under pressure amid the UK’s coronavirus crisis.
British human trials for the vaccine will begin on Thursday, medical supplies still a question.
The UK recorded an 18,516 death toll in the week ending on Friday, cases cross 129,000 mark.
UK CPI, virus updates and oil performance will