As lower and negative interest rates become a new normal, it becomes less likely for consumers to gain any significant saving rates from the banks and more imperative to seek higher returns in assets like equities.With the current market volatility and general mood of uncertainty with the economy and society,...
Chinese dual-listings, Tesla’s ugly registrations, Trump’s infrastructure plan
JD.com has raised $3.8bn today and will start trading tomorrow on the Hong Kong Stock Exchange creating a dual-listing structure. This follow other Chinese companies as the threat of delisting in the US rises and that these companies can tap into higher demand from investors in Hong Kong than in...
FX Update: Market quick to write off US Retail Sales rebound
The shocking US Retail Sales jump in May helped keep the USD resilient yesterday despite a strong headwind from the ongoing rebound in risk appetite. Today we watch Powell testimony before a House Financial Services Panel and whether anything can stop the steep rebound in risky assets from the Monday...
Market Quick Take – June 17, 2020
Equity markets were spooked briefly yesterday by news of a widening lockdown in Beijing on a fresh outbreak of Covid19 there but were quick to recover. A wildly strong US Retail Sales number in May shocked markets on the positive side and more than compensated for the weakness in April,...
NZDUSD approaching resistance | 17 June 2020 for FX:NZDUSD by TradingView
Price is reaching our resistance, in line with our horizontal swing high resistance, 78.6% extension and 61.8% retracement where we could see a reversal below this level. RSI is showing signs of bearish pressure as well.
ETHUSD right on ascending trendline support! | 17th June 2020 for FX:ETHUSD by TradingView
This is a chart shot of today's video on ETHUSD Today we will take a good look at ETHUSD and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would...
USDCHF can see more downside below ! | 17 June for FX:USDCHF by TradingView
USDCHF is testing our sell entry where the downside confirmation is, and if price breaks below, it could go lower. 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...
FX Update: Market gyrations buffet traders. Powell on tap.
Market swings are bordering on the absurd as yesterday saw a massive comeback from local lows in risk appetite, fed in part by the Fed announcing changes to its corporate credit purchase facility and possibly by an expansion of BoJ purchases overnight. The USD and JPY were lower across the...
FX Update: Market gyrations buffet traders. Powell on tap.
Market swings are bordering on the absurd as yesterday saw a massive comeback from local lows in risk appetite, fed in part by the Fed announcing changes to its corporate credit purchase facility and possibly by an expansion of BoJ purchases overnight. The USD and JPY were lower across the...
FX Update: Market gyrations buffet traders. Powell on tap.
Market swings are bordering on the absurd as yesterday saw a massive comeback from local lows in risk appetite, fed in part by the Fed announcing changes to its corporate credit purchase facility and possibly by an expansion of BoJ purchases overnight., Elsewhere, sterling firmed smartly yesterday, both on the enormous...