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Equities Fall for the 3rd Consecutive Day
Equity markets continue to trade weaker as Apple Inc, a Dow Jones listed company issued caution on its forward guidance. All major indices fell for the third day as a result. This ...
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USDCAD: Triple Zigzag Hints At Further Weakness
The current bearish structure suggests that the bullish formation in the intervening cycle wave x is completed. As part of a triple complex correction, the downside pattern should ...
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Upcoming January Australia Employment Data
Tomorrow is chock-full of key data from Australia that is especially relevant for fundamental analysis. The RBA is putting a lot of emphasis on employment data to determine it’s ...
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China: Between Scylla and Charybdis
Large industrial and transportation centers located on the Chinese coast, where lockdowns-caused slack translates into foreign economies particularly fast, are gradually removing ...
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GBP Jumps on CPI Beat
FOMC Minutes on Watch The US dollar continues to hold just below the week’s highs, with the index trading at 99.33 last, as price is continuing to grind back towards the 100 ...
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Brexit Trade Talks On The Rocks Already?
Leaders Clash Over Demands The outlook for the UK and EU has deteriorated a little this week as fears mount over the trade-standoff between the UK and the EU. Following the very ...
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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 ...
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FOMC Jan ’20 Minutes Preview
The Federal Reserve Bank will be releasing the meeting minutes from the January Fed meeting. The central bank held its monetary policy meeting on January 29th, 2020. At the ...
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AUDJPY at Important Turning Point
Understanding AUDJPY The AUDJPY pair works as a great barometer for gauging risk appetite in the markets. Given the Australian dollar’s link to commodity prices and the Chinese ...
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All Points to Stronger Dollar!
Dollar continues attracting investors as no other option seems to be offering a good payoff. Euro and yen are weakening on poor macros, whereas pound, despite the UK printing ...
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