News Archive

Browse through our recent news articles and market analysis

Gold surged to multi-year high on risk-aversion and hopes of further Fed monetary vaccine amid COVID-19 spikes; the Fed is concerned about the sustainability of the U.S. economic recovery

Gold jumped to multi-year high on risk-aversion and...

08/07/2020 - 16:50

Gold (XAU/USD-spot) made a high of around 1818.12 in the early U.S. session Wednesday, jumped almost +1.28% on...

Dow jumped Mon on Chinese pledge for a 'healthy bull market', upbeat U.S. economic data and hopes of another COVID-19 magic drug; but Dow slips early Tue on the concern of partial corona lockdown 2.0

Dow surged Mon on Chinese pledge for a 'healthy bull...

07/07/2020 - 18:47

Dow slips Tue on: An unabated coronavirus spikes in various U.S. states and the high probability of partial...

Chinese stock market jumped on hopes of government policy support, upbeat economic data and ease of LAC tensions with India; China wants 'healthy bull market' to fight corona carnage and to compete with U.S. (Dow)

China's stock market soared on hopes of government...

06/07/2020 - 18:11

China’s stock market (A-50 Fut) soared almost +9.45% Monday in the mid-U.S. session, made a session high of...

India's Nifty soared on positive global cues coupled with ease of geopolitical tensions with China as Modi goes for 'digital strike' rather than 'surgical/missile strike'; what's next?

India's Nifty jumped on positive global cues coupled...

06/07/2020 - 06:23

India may be a preferred safe haven EM investment destination post-COVID-19 Despite surging corona infections,...

Dow surged Thu on blockbuster NFP job data, but fades on higher than expected jobless claims and the concern of partial lockdown 2.0; Dow Future slumped holiday-thinned Fri

Dow jumped Thu on blockbuster NFP job data, but fades...

03/07/2020 - 20:04

Dow Future slumped in holiday-thinned Friday trading as the COVID-19 may be mutating in such a way, that may delay...

USDJPY almost unchanged on mixed U.S. job data, coronavirus spikes and increasing U.S.-China cold war tensions

USDJPY almost flat on mixed U.S. job data, coronavirus...

03/07/2020 - 17:22

USDJPY closed around 107.50 in the U.S. session Thursday, almost flat on mixed U.S. job data, coronavirus spikes,...

Dow edged up Wed on increasing political uncertainty and renewed concern of U.S.-China cold war despite hopes & hypes of an early corona vaccine and Fed's YCC; Dow jumped early Thu

Dow inched down Wed on increasing political...

02/07/2020 - 20:04

Dow jumped Thursday on hopes of ‘V’-shaped economic recovery after blockbuster U.S. NFP job report Dow was also...

Oil jumped on signs of faster rebalancing and hopes of further extension of OPEC+ production cut agreement; Oil further surged early Thu on blockbuster U.S. NFP job report

Oil soared Wed on signs of faster rebalancing and...

02/07/2020 - 14:03

Oil (WTI-Aug Exp) closed around 39.82 Wednesday, jumped almost +1.40% on signs of faster rebalancing and hopes of...

Dow jumped late Tue on month/quarter-end rebalancing, upbeat economic data and dovish testimony by Powell/Mnuchin amid coronavirus spikes; Dow almost flat late Wed

Dow surged late Tue on month/quarter-end rebalancing,...

01/07/2020 - 20:14

On late Wednesday, Dow almost flat as: Dow was helped by hopes & hypes of an imminent COVID-19 vaccine and Fed’s...

Gold jumped on Powell's dovish testimony and the renewed concern of partial corona lockdown 2.0 amid the resurgence of COVID-19 in the U.S.

Gold surged on Powell's dovish testimony and the...

01/07/2020 - 12:57

Gold (XAU/USD-spot) closed around 1781.67 in the U.S. session Tuesday, surged almost +0.53% on Powell’s dovish...

Dow soared Mon on Boeing/Apple boost, hopes of an imminent COVID-19 vaccine, better than expected economic data and ease of coronavirus surge in Florida; Dow almost flat mid-Tue

Dow jumped Mon on Boeing/Apple boost, hopes of an...

30/06/2020 - 19:57

On mid-Tuesday: Dow was boosted by upbeat PMI from China and housing price data from the U.S. But Dow was also...

USDJPY jumped on renewed risk aversion amid the resurgence of COVID-19 and better than expected U.S. economic data; Fed's Powell sounds cautious on U.S. economic recovery

USDJPY surged on renewed risk aversion amid the...

30/06/2020 - 12:10

USDJPY closed around 107.79 in the Asian session Tuesday, edged up almost +0.20%, followed by a +0.31% surge on...

Dow plunged Fri on the concern of lockdown 2.0 amid a strong resurgence of COVID-19 spread in some states after reopening; banks and FB also dragged, but Dow jumped mid-Mon

U.S. stocks plunged Fri on the concern of lockdown 2.0...

29/06/2020 - 19:54

Dow jumped mid-Monday on: Boeing and Apple boost Hopes of an imminent COVID-19 vaccine by China Improving U.S....

India's Nifty jumped on 'unlock' 1.0 and ease of China-LAC tensions, but slips early Mon on surging COVID-19 infections and troops build-up by both sides at LAC

India's Nifty soared on 'unlock' 1.0 and ease of...

29/06/2020 - 05:05

The Indian market (Nifty) closed around 10383.00 Friday, jumped almost +0.91% on positive global cues (Europe) and...

Dow jumped Thu on hopes of more Fed QE-Lite (POMO) and Volcker Rule relief for big banks despite growing corona and political uncertainty, and Dow plunged Fri

Dow surged Thu on hopes of more Fed QE-Lite (POMO) and...

26/06/2020 - 20:11

Dow plunged Friday for: The concern of lockdown 2.0 amid an intense 2nd corona wave in the U.S. The Fed limits...

GBPUSD under stress on lingering Brexit and corona uncertainty and BOE jawboning (NIRP) despite better than expected PMI

GBPUSD almost flat, but under stress on lingering...

26/06/2020 - 12:30

GBPUSD closed around 1.2418 in the U.S. session Thursday, ticked down -0.02%, almost flat amid lingering Brexit &...

Dow tumbled Wed on the concern of 2nd COVID-19 wave; but Dow Future surged late Thu on hopes of more Fed POMO (QE-Lite) and regulatory relief of big banks

Wall Street tumbled Wed on the concern of 2nd COVID-19...

25/06/2020 - 20:43

The U.S. stock market (Dow Jones Industrial Average) closed around 25445.94 Tuesday, tumbled -2.72% (-711 points)...

Dax slumped on Trump trade/cold war tantrum, renewed concern of COVID-19 2nd wave on both sides of the Atlantic and Wirecard accounting scandal

Dax under stress on Trump trade/cold war tantrum,...

25/06/2020 - 14:35

The German stock market (Dax-30) closed around 12093.94 Wednesday, plunged almost -3.43% on Trump trade war...

Dow surged Tue from 'Navarro' plunge on Trump's tweet clarifying China trade deal not 'over', but again plunged on the concern of corona lockdown 2.0 amid COVID-19 spike

Dow recovered Tue from 'Navarro' plunge on Trump's...

24/06/2020 - 20:35

The U.S. stock market (Dow Jones Industrial Average) closed around 26156.10 Tuesday, surged almost +0.50% (+131...

EURUSD surged Tue on upbeat PMI but slips early Wed on the renewed concern of U.S.-EU trade war and dovish jawboning by ECB's Lane

EURUSD jumped Tue on upbeat PMI but slips early Wed on...

24/06/2020 - 14:19

EURUSD closed around 1.1308 in the U.S. session Tuesday, surged almost +0.43% on upbeat PMI data, but slips early...

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