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Week Ahead: The “New Normal” Week Ahead: The “New Normal”

Joe Perry March 28, 2020 5:12 AM

TAGS: Central Bank, Coronavirus, Crude Oil, Forex, Gold, Indices, Interest Rates, Week Ahead

OIL MARKET WEEK AHEAD: Russia’s U-turn

Matt Weller, CFA, CMT March 28, 2020 2:59 AM

Now that oil prices have dropped to the lowest level since the Great Financial Crisis...

TAGS: Brent Oil, Commodities, Coronavirus, Crude Oil

BoC Slashes Rates to 0.25%

Joe Perry March 28, 2020 12:04 AM

The market seems to have taken the rate cut as “catching up” to other central banks.

TAGS: BOC, Canada, Central Bank, Coronavirus, Forex, Interest Rates, USD

Gold Miners Better Than Gold

Fiona Cincotta March 27, 2020 7:41 PM

As gold recovers it might be worth looking at gold miners

TAGS: Gold, Mining

Jobless claims shock markets

Fiona Cincotta March 27, 2020 6:21 PM

The shockingly high number of new jobless claims in the US yesterday has poured icy water on the market's recent rallies, causing the FTSE and other European gauges to open lower.

TAGS: Oil, UK 100

FTSE Snaps 3 Day Winning Streak

March 27, 2020 4:05 PM

FTSE deads lower into weekend

TAGS: Coronavirus, UK 100

20% higher - What comes next for the S&P 500?

Tony Sycamore March 27, 2020 12:49 PM

Another eye-popping performance by the S&P 500 as it closed over 6% higher on the session, taking its gains from Mondays low to just under 20%. The last leg of the rally coming as the U.S. Senate finally passed the U.S$ 2tn fiscal stimulus package and relief that U.S jobless claims at 3.283 million, were somehow less than feared. With just three ...

GBP/USD in 400 Pip Range!

Joe Perry March 27, 2020 3:49 AM

GBP/USD is in a 400-pip range today and up 2.5%

TAGS: BOE, Coronavirus, Forex, GBP, Interest Rates, Johnson, USD

GBP Advances As BoE Ready To Do More

Fiona Cincotta March 26, 2020 10:21 PM

BoE keeps rates on hold

TAGS: Euro, GBP

Initial Claims Atrocious, Stimulus Vote Still to Come

Joe Perry March 26, 2020 10:00 PM

The actual number was more than double the expectations!

TAGS: Coronavirus, FED, Forex, Powell, USD

Stimulus optimism fades

Fiona Cincotta March 26, 2020 7:12 PM

The good mood over the massive US stimulus package finally approved by the Senate late Tuesday dissipated this morning and the FTSE again clocked losses, led by banks and British Land.

TAGS: Oil, UK 100

And the awful data begins....

Fiona Cincotta March 26, 2020 4:09 PM

After two straight sessions of gains European markets are heading lower on Thursday as data turns ugly.

TAGS: Coronavirus, Germany 30

AUDUSD recovery under review

Tony Sycamore March 26, 2020 11:55 AM

Encouraging price action in equities overnight as the S&P 500 closed over 1% higher, recording its first back to back daily increase since mid-February. At one point, the S&P 500 was up over 5%, boosted by an in-principal agreement to approve the U.S$ 2tn fiscal stimulus bill, before a disagreement over unemployment benefits delayed formal passage...

TAGS: Dollar, Forex, USD