Market Update – 10th November 2020 The global stock market surged overnight as positive vaccine news emerged. Pfizer and BioNTech confirmed their experimental vaccines are more than 90% effective in preventing Covid-19 based on initial data from a large study. …
Market Update – 28th October 2020 US election polling – Real Clear Politics have Trump on 48 and Biden 44 in Florida, one of the key battle states. News breaking this morning has pushed US equities lower as the gap …
Market Update – 27th October 2020 US equities have begun the trading week off to a rocky start, however, a number of technicals are suggesting risk currencies may benefit from a weaker USD. Godman Sachs published an interesting article showing …
Market Update – 22nd October 2020 The stimulus countdown clock is ticking with just under two weeks until the Presidential elections. The risk-off sentiment seen during this mornings sessions shows investors are growing tired of hearing that stimulus talks are …
Market Update – 21st October 2020 The US stock market has faced a choppy first half of the week as US Lawmakers negotiate the next stimulus package. There has been conflicting stories coming out from both sides. Nanci Pelosi, Democratic …
Market Update – 20th October 2020 USD bulls have taken control during the first couple of trading sessions this week. There has been a move towards the safe havens as the window for the US Government to agree upon the …
Market Update – 16th October 2020 The EURUSD came under pressure breaking down from a bear flag formation. Currently, the pair is sitting on support at 1.1700. The risk-off flows seen during yesterday’s trading session was a result of an …
Market Update – 15th October 2020 The EURGBP plunged roughly 100 pips as reports coming from the Brexit negotiations turned positive. Boris Johnson has been advised not to walk away from the negotiations after today’s deadline day. Reports coming from …
Market Breakdown – 14th October 2020 EURUSD bears are currently in control as US stimulus talks look set to breakdown and the Brexit deadline looms on Thursday. The news has remained quiet on the Brexit front this week leading into …
Market Update 13th October 2020 The GBP and EUR have remained in the green this week despite the looming Brexit deadline day on Thursday. The UK’s self-imposed deadline day is not weighing down the GBP, possibly due to the fact …
