Blogs
Forex Today: Stocks Falling On Coronavirus Milestones
Article By:
Daily Forex
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Monday, June 29, 2020 5:58 AM EDT
Globally there are now more than 10 million confirmed coronavirus cases and half a million deaths. The death tolls are highest in the US, Brazil, the U.K., Italy, and Spain – together these countries have seen more than half of all deaths worldwide.
WTI Crude Oil Forecast: Continues Slowly Grinding Higher
Article By:
Christopher Lewis
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Monday, June 29, 2020 4:21 AM EDT
I expect a lot of choppiness, but ultimately this is a market that is close to making a bigger decision so paying attention to some type of impulsive candlestick is important for a longer-term type of set up.
Caution As Last Part Of Corrective Phase Could Be The Most Impulsive
Article By:
Marc Chandler
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Sunday, June 28, 2020 9:05 AM EDT
We anticipated and have been tracking the corrective or consolidative phase in the foreign exchange market since shortly after the unexpected surge in US non-farm payrolls reported on June 5. That phase may not be over yet.
Saudi $45 Bln Bank M&A Is Haunted By Past Failure
Article By:
Lipper Alpha Insight
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Saturday, June 27, 2020 10:40 AM EDT
Saudi Arabian retail investors may not care much about the crown prince’s dreams. That means National Commercial Bank, the government’s would-be vehicle for building a financial powerhouse, will have to pay up for Samba Financial.
Key Events In EMEA And Latam Next Week
Article By:
ING Economics
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Friday, June 26, 2020 2:16 PM EDT
Positive manufacturing PMIs will likely reflect the easing of lockdowns in EMEA next week, but this optimism may be overshadowed by a large increase in unemployment numbers.
South Africa: Fiscal Consolidation Remains A Distant Hope
Article By:
ING Economics
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Tuesday, June 23, 2020 4:00 PM EDT
South Africa's supplementary budget tomorrow will do little to reverse the increase in the country's debt burden, which will remain a key concern for years to come.
In this article: EZA
Gold And Crude Oil Prices Break Higher But Reversal Signs Linger
Oil Prices Start To Reconnect With Coal And Gas
Article By:
Paul Hodges
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Sunday, June 21, 2020 7:11 AM EDT
Somebody is going to be badly wrong in their forecasts for oil prices with Saudi for $80/bbl: BP hoping for $55/bbl (the average between 1973-2019), the market at $40/bbl - while the long-term median oil price since 1861 is $24/bbl.
Separating The Wheat And Chaff
Article By:
Marc Chandler
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Saturday, June 20, 2020 12:31 PM EDT
The recent price action, and in particular, the sideways trend in many segments of the capital markets, reflects the challenge investors are having in separating the wheat from the chaff. The strong co-movement of risk assets has weakened.
In this article: AAPL
This Is No Black Swan (Part Two)
Article By:
Chris Skinner
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Thursday, June 18, 2020 7:00 AM EDT
The World Bank simulated the economic impact of a pandemic back in 2008. In their most severe scenario – a repeat of the Spanish flu of 1918 – they estimated a global economic impact of -4.8% of GDP.
Second Wave Fears Hit Risk Sentiment
Article By:
Fiona Cincotta
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Monday, June 15, 2020 2:19 AM EDT
Investors are waking up to the threat of a second wave and the damage that it could cause to the global economic recovery.
Stock Market Rally Takes A Breather
Article By:
Personal Capital
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Sunday, June 14, 2020 4:44 AM EDT
The global stock market rally finally took a breather. After a positive start to the week, equities slowly rolled over before culminating in a precipitous single day freefall on Thursday.