Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Risk on Returns in European session

Asian equity markets weakened on spill-over selling from Wall Street; Hong Kong lagged. Looking ahead, highlights from macroeconomic calendar include Eurozone Employment and GDP (Flash), US University of Michigan, Fed's Williams and Bullard speeches.

USD/TRY: centripetal acceleration

TRY recovered much of its value against the USD recently. Will the November 19 meeting of the Turkish Central Bank continue this recovery?

Cable eases to session lows

The global rally in stocks on the back of Pfizer’s vaccine news ground to a halt, as markets took on board the near-term challenges of a still-potent coronavirus

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