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Daily Market Commentary
Ahli sejak Apr 03, 2019
13 hantaran
Apr 09, 2020 at 18:52
Ahli sejak Apr 03, 2019
13 hantaran
A summary of financial market developments on a daily basis with corresponding fundamental and technical analysis on major currency pairs, Gold and Oil delivered daily at 7:00AM GMT + 1.
Ahli sejak Apr 03, 2019
13 hantaran
Apr 10, 2020 at 05:40
Ahli sejak Apr 03, 2019
13 hantaran
Ahli sejak Apr 03, 2019
13 hantaran
Apr 13, 2020 at 07:26
Ahli sejak Apr 03, 2019
13 hantaran
The outlook remains bleak for the global economy with sharp contractions expected across the globe. We expect the broader theme to stay with USD strength and risk aversion and we will continue to look for good opportunities to execute our view. We have seen some decent pullbacks in the USD and some risk assets in recent weeks. Watching out for Short Oil and Short GBPUSD today.
Ahli sejak Apr 03, 2019
13 hantaran
Aug 30, 2021 at 06:11
Ahli sejak Apr 03, 2019
13 hantaran
Last week ended with Jerome Powell’s less-than-exciting Jackson Hole Symposium speech which left the market in the same state of uncertainty it had been reveling in. Analysts are calling it a Dovish Taper after the Federal Reserve Chairman discussed a potential to resume a scale back of the asset purchase programme this year, however reiterating the risks of moving too soon and also assuring investors that the Fed would not move to substantially tighten monetary policy as it takes its steps to reduce stimulus.
Even amid uncertainty as to economic policy direction, the market has taken solace to the fact that there would not be a “taper tantrum” situation and as such has helped push US interest rates a tad lower and stocks higher. We market to follow this theme in the near term.
Even amid uncertainty as to economic policy direction, the market has taken solace to the fact that there would not be a “taper tantrum” situation and as such has helped push US interest rates a tad lower and stocks higher. We market to follow this theme in the near term.
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