Australian Dollar Outlook Bearish as Coronavirus Cases Spike
The Australian Dollar may come under increasing downside pressure as local coronavirus cases spike and tensions with China escalate.
Read More »Risk trades getting smashed on the Navarro comments that trade deal with China is over
Big selling of ‘risk’, this from Fox:
Read More »Australian Dollar Outlook Bearish on Concerns of Second Covid-19 Outbreak
AUD may come under pressure in the week ahead as fear of a second-wave of Covid-19 rattles financial markets amid growing China-Australia geopolitical tensions.
Read More »Top China Virus Expert sees COVID-19 vaccine available by year-end
Speaking in a CCTV interview on Friday, A senior Chinese health official said that he expects a COVID-19 vaccine by the end of 2020. more to come …
Read More »Latest coronavirus outbreak in Beijing – State Council press conference cancelled
News conferences in Beijing continued right through the first wave of the COVID-19 outbreak in China But, this latest flare up (more here: – ) has prompted the cancellation of…
Read More »China infrastructure investment over the next 5years expected to be $1.4 trillion
The Wall Street Journal totalling up the many projects underway and planned and coming up with the figure. for more (may be gated) Link The next few months will…
Read More »Gold is up, Stocks under pressure
XAUUSD,H1 Gold kept its uptrend after US GDP fell to -5%, lower than the -4.8% expected. On the other hand, ongoing tensions between the US and China is increasing ahead…
Read More »Australian Dollar May Wilt, Markets Await Trump China News Conference
The Australian Dollar may be at risk to a reversal against the US Dollar after Trump announced a news conference on China later today. Until then, financial markets may remain…
Read More »Recap May 9: Warren Buffett loses $50 billion – Record unemployment (Recap Ep070)
In this week’s recap, one of the most important news was the loss of more than $50 billion by Berkshire-Hathaway in the 1st quarter, its worst quarter in a decade,…
Read More »Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil
The US Dollar has slowed its descent with the Dow Jones leveling off as crude oil prices rise with lockdown easing bets. US-China tensions seem to be heating up which…
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