Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

TESLA: lithium phase
TESLA: lithium phase

EV batteries need lithium. Tesla needs lithium. Now, it's going to have that as much as required.

GBP: the hangover
GBP: the hangover

So the pound went all-in bullish yesterday on Brexit hopes. While these hopes still have to manifest, the GBP will have to defend its positions now.

GBP: strike of hope
GBP: strike of hope

Boosted by positive vibes from the Brexit talks, the GBP goes all-out against the USD and the EUR. We'll see for how long.

US Job Claims Keep Markets Skeptical
US Job Claims Keep Markets Skeptical

The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.

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