Events to Look Out for Next Week
The growing worries over the spreading coronavirus, the rollback in some reopenings, and possible flattening in growth have set the scene for risk aversion. Adding to the mix is the…
Read More »TradeON Summit 2020 is right around the corner – less than a week on July 28
Ladies and gentlemen, do make sure you register for this! The event will take place virtually on July 28 with registered attendees having access to over 30 sessions, as well as live…
Read More »Nikkei 225 May Drop on US Jobless Claims, Hang Seng Enters Consolidation
The Nikkei 225 stock index may open lower after the holiday as initial US jobless claims data disappointed. The Hang Seng Index and FTSE China A50 may also face a…
Read More »AUD/USD Price Analysis: Immediate falling channel probes recovery above 0.7100
AUD/USD picks up the bids near 0.7118 during Friday’s Asian session. In doing so, the aussie pair break the upper line of the adjacent descending tria
Read More »Numerous uncertainties remain in play!
U.S. equity futures mildly higher . U.S. initial jobless claims rose 109,000 to 1.416 million in the week ended July 18. Click here to access the Economic Calendar Andria Pichidi Market…
Read More »PBOC sets USD/ CNY reference rate for today at 6.9921 (vs. yesterday at 6.9718)
People’s Bank of China People’s Bank of China inject 50bn yuan through open market operations today. – 50bn mature today
Read More »Australian finance minister: Backdrop of an economic and fiscal outlook remains highly uncertain
The finance minister, Mathias Cormann, is talking in Canberra. He has stated that there are fiscal supports that the Australian government has put in
Read More »FX Update – July 22 – Dollar & Yen Down
AUDUSD, H1 The Euro, along with the Aussie and Kiwi Dollars, posted fresh highs against the Dollar and Yen, despite a backdrop of flagging stock markets. EURUSD reached its highest…
Read More »Dow Jones Back to 27,000, Hang Seng Weighed by US-China Tension
The Dow Jones Index climbed to 27,000 on upbeat earnings. The Hang Seng Index fell after the US ordered a closure of China’s Houston consulate. The Offshore Yuan is under…
Read More »Hang Seng Index May See Technical Pullback, Gold and Silver Advance
The Hang Seng Index may retrace from yesterday’s highs following a sobering US session. Gold and silver prices surged to seven-year highs.
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