Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

COVID VACCINE KEEPS TRADERS OPTIMISTIC
COVID VACCINE KEEPS TRADERS OPTIMISTIC

Futures tracking the S&P 500 index hit a record high on Tuesday as investors shrugged off simmering US-China tensions to bet on a stimulus-led economic recovery from the COVID-19 pandemic.

Exuberance and Optimism Keep Going
Exuberance and Optimism Keep Going

Russian health ministry has approved coronavirus vaccine developed by Moscow's Gamaleya Institute. He hopes Russia will start mass production of coronavirus vaccine very soon.

Sino-US tensions Keep Rising
Sino-US tensions Keep Rising

 Asian stock markets rose this morning on relief that another round of Sino-US sparring appears not to have spilled over into trade, while hopes for US stimulus support oil and other commodity currencies.

NFP Number Will Drive Markets
NFP Number Will Drive Markets

US stocks are set to open lower Friday, with investors worry over rising tensions between the US and China, deadlock over the next virus relief bill and possible disappointments from the key monthly employment report.

Traders Focusing on NFP
Traders Focusing on NFP

Asian equity markets failed to sustain the positive tone from Wall Street where all major indices notched gains as technology sector outperformed for another day.

Gold & Silver Continue to Fly
Gold & Silver Continue to Fly

US stocks are set to weaken at the open today, consolidating after gains in the previous session, with investors wary amid few signs of progress over the next virus relief bill.

Rising Cases Of COVID Increase Uncertainty
Rising Cases Of COVID Increase Uncertainty

European stock markets traded mixed early Thursday, with strong industrial data supporting the German market while the Bank of England kept monetary policy unchanged, offering up a more pessimistic outlook.

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