Daily Market Outlook, February 24, 2020 US market sold off on Friday taking cue from lower European markets as major economies began to feel the effect of Covid-19 outbreak, proven by weaker services...
Chart of The Year USD, EUR
Pivotal Test For King Dollar and the EuroA picture speaks a thousand words!Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The...
Daily Market Outlook, February 21, 2020
Daily Market Outlook, February 21, 2020 The US market tracked lower European benchmarks to finish modestly lower on Thursday on the back of renewed concerns about the Covid-19 outbreak in China after...
Chart of the Day USDCHF
Chart of the Day USDCHFPivotal Test USDCHFGlobal risk appetite was fairly buoyant overnight, with S&P500 at a fresh record high, led by tech stocks including chipmakers after news that China is...
Daily Market Outlook, February 20, 2020
Daily Market Outlook, February 20, 2020 The US market rebounded in a record setting session overnight as traders turned optimistic on China’s latest move to mitigate Covid-19 outbreak’s economic...
Chart of the Day XAUUSD
Chart of the Day XAUUSDPivotal Test XAUUSDChina reported 132 new deaths to bring the death toll to 2,000, albeit Hubei added 1,693 new cases (lowest since the methodology change last week). Meanwhile,...
Daily Market Outlook, February 19, 2020
Daily Market Outlook, February 19, 2020 There was a rebound in risk sentiment during the Asian trading session, the market cheered reports that China may bail out its airline industry badly hit by the...
Chart of the Day USTEC (Nasdaq 100)
Chart of the Day USTEC (Nasdaq 100)Potential Correction Coming USTECOn the COVID-19 outbreak, China reported 2,048 new cases yesterday, slightly higher than the 2,009 the previous day. The broader...
Daily Market Outlook, February 18, 2020
Daily Market Outlook, February 18, 2020 As a proxy for the wider macroeconomic impact, the market focused on an Apple statement which said that the company will miss its previous revenue guidance for...
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