Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD continues to dip lower
AUD/USD continues to dip lower

Asian equity markets follow suit to the mixed performance in the US where sentiment was pressured and DJIA pulled back from record highs amid lockdown concerns.

GBP/USD gaps higher on Brexit optimism
GBP/USD gaps higher on Brexit optimism

European stock markets are seen opening mixed Monday, with investors adopting a cautiously optimistic stance after Brexit negotiations were extended past the Sunday deadline.

S&P: what to buy now?
S&P: what to buy now?

It's time to screen the stock market for some good buys to make. Let's go shopping?

All eyes focusing on ECB and euro

Looking ahead, highlights rom macroeconomic calendar include UK GDP and output data, Swedish inflation, ECB rate decision & press conference, US CPI, IJC, EU Council Meeting, BoC's Beaudry, FDA EUA meeting

EUR/USD is trading lower before ECB

U.S. stock markets are set to open mostly higher, supported by signs that the U.S. is edging closer to agreeing a fiscal package to lighten the burden on the economy from the latest wave of the Covid-19 pandemic.

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