The US equity market closed lower yesterday, but well off the lows of the day, which was important to prevent a further post-FOMC cratering of risk sentiment as the Nasdaq 100 Index avoided closing at new lows. Elsewhere, the USD rally proved a brief affair and turned tail, the oil...
Can Unity evolve beyond its niche market position?
The US IPO market is red hot these days underscored by the 112% jump in Snowflake shares yesterday. The gaming development platform Unity is the next technology IPO which is set to price today and start trading tomorrow. The US IPO market is red hot these days evident by the...
The Federal Reserve is taking us to investors’ inferno
Powell's dovish message is bad news for the market. The Fed is dragging us towards unsustainable levels of corporate debt and ever low interest rates. This is forcing investors to accept lower yields for riskier assets and removes any upside from holding Treasuries, which have become the biggest mice trap...
Gold too passive, risks deeper correction
Gold as well as silver and platinum have seen renewed weakness following yesterday's FOMC meeting. While the Fed has promised rock-bottom rates for longer than three years, the across market reaction with lower stocks and a stronger dollar, have raised some concerns that the Fed has lost its element of...
NZDUSD is facing bullish pressure | 17 Sep 2020
Price is facing bullish pressure from our support where we could see a further bounce above this level.
NZDUSD is facing bullish pressure | 17 Sep 2020
Price is facing bullish pressure from our support where we could see a further bounce above this level.
FOMC selloff in equities; US IPOs are red hot as Snowflake jumps 112%
Equities are selling off post FOMC where the Fed did not bring anything new apparently disappointing the market. But anything really changed and is the selloff justified? We also cover yesterday's insane Snowflake IPO that was the most explosive we have seen in many years.Nasdaq 100 futures are 3.7% lower...
EURUSD might pull back to the descending trendline and drop!
EURUSD might pull back to the descending trendline and drop! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and...
EURUSD might pull back to the descending trendline and drop!
EURUSD might pull back to the descending trendline and drop! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and...
Podcast: Market lurches lower post-FOMC
Today we look at yesterday's FOMC meeting and whether it is the cause of the market's sudden sell-off, delve into US economic data both strong and weak, discuss portfolio risks as treasuries are going nowhere, look at the resurgent JPY, the zany Snowflake IPO price action and more. Today with...