Wall Street closes higher and above a key support level at the end of a tough week
It has been an interesting week for equities as some traders and investors remain unhappy that the US administration cannot agree on the latest corona
Read More »FX Update – July 29 – USD got a break but not for long
USDJPY, H1 The Dollar relief rally yesterday and dip today is consolidating the sharp declines seen over the prior 10 days. The narrow trade-weighted USDIndex has posted new 25-month lows…
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 »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 »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.
Read More »S&P 500 Price Analysis: The S&P finished the week 1.25% higher
It has been a positive week for stocks as vaccine stories dominate the headlines over the week. The bullishness comes despite the US coronavirus cases
Read More »Australian Dollar May Wilt with Dow Jones, S&P 500 Looking Wobbly
The Australian Dollar may fall as rising US coronavirus cases may result in lockdowns being reinstated. The S&P 500 and Dow Jones also look wobbly with earnings season in full…
Read More »More speculation the US will blacklist TikTok
Financial Times the latest to weigh in this speculation. – White House considering putting TikTok on a blacklist – Would effectively prevent Americans from accessing the video app
Read More »S&P 500: Futures print mild gains above 3,150 amid mixed clues
S&P 500 Futures consolidate Monday’s losses around 3,155, up 0.15% on a day, during the initial hour of Tokyo open on Tuesday. The US equity derivativ
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