Quarterly Outlook: 2020 Q3
The first half and particularly Q2 of 2020 has had a more significant impact on the US economy than anything in living memory. The Great Financial Crash of 2008/9, the…
Read More »USD/JPY eyes 108.00 as Tuesday’s recovery moves gains momentum
USD/JPY ticks up to 107.65 amid the initial hour of Tokyo trading on Wednesday. In doing so, the yen pair stretches the previous day’s recovery moves
Read More »PBOC sets USD/ CNY reference rate for today at 7.0310 (vs. yesterday at 7.0663)
People’s Bank of China mid-rate for on shore yuan for the day PBOC skips open market operations Offshore yuan has been surging against the USD:
Read More »UK Week Ahead
May and June data out of the UK, as elsewhere, have showed a strong rebound from April, when the coronavirus lockdown measures were in full force. However, the path ahead…
Read More »S&P 500 Up as Virus Growth Slows, Asia-Pacific Stocks to Open Higher
The S&P 500 index climbed 1.59% last night as the Covid-19 growth rate fell below its 7-day average in the ‘sun belt’ states of the US. Asia-Pacific stocks aim to…
Read More »PBOC sets Yuan reference rate at 7.0310
The People’s Bank of China (PBOC) has set the yuan reference rate at 7.0310 versus Monday’s fix at 7.0663.
Read More »ASX 200, AUD/JPY Outlook Dictated By COVID-19 Lockdown Measures
The ASX 200 and AUD/JPY at risk of a correction as cases of Covid-19 continue to climb in Australia’s second most populous state, Victoria.
Read More »Weekend Australian media – more China retaliation against Australia expected
A piece in a national newspaper in Oz over the weekend says to expect more tariffs imposed by China Due to PM Morrison floating the idea of providing safe haven…
Read More »Japanese economy minister Nishimura: To consult with experts on relaxing restrictions on July 10
The Japanese economy minister Nishimura will o consult with experts on relaxing restrictions on July 10. More to come…
Read More »Why you should Consider Trailing Stop Orders for your Strategy
There are two broad types of orders in the financial market. First, there is a market order, in which you ask the broker to initiate the trade at the exact…
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