Articles
Preview: Non-Farm Payroll Announcement
By Klavs Valters @klavsvalters It’s a new month and a new year – which means the latest Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London tim...
Read MoreEURUSD – Goldman’s 1.28 Estimate Matches P&F Analysis
EURUSD- Point & Figure EURUSD- The overall weakness of the US Dollar continues to dominate much of the FX markets at this stage. Despite a slight uptick in USDJPY this afternoon, the longer-term picture is starting to suggest more of the ...
Read MoreCOTD: PFE – A Booster Shot For Pfizer Shares?
Pfizer (PFE)- Daily PFIZER - Before Christmas, the pharmaceutical giant Pfizer drew much speculation in the market once it became the first company to develop an approved Covid-19 vaccination. We see this reflected in the bullish activity lea...
Read MoreThe pandemic year: investors navigating the new normal
By Deepta Bolaky @DeeptaGOMarkets 2020 has brought a rapid and unpredicted change. The new decade started with talks about climate change, the shifting trading landscape and trade frictions, Brexit, and the rise of political populism but the dy...
Read MoreWho let the bulls out? Bitcoin breaks past $23k
By Klavs Valters @klavsvalters $20k, $21k, $22k, $23k - that is how many price levels Bitcoin broke after surging by over 12% in the last 24 hours. The world's largest cryptocurrency reached its highest ever level of around $23,421, adding fuel...
Read MoreEURJPY – Unearthing A Potential 2015 Target
EURJPY - Point & Figure EURJPY - At the start of the month, we witnessed a sizeable shift in sentiment towards the Euro, hiking up demand and resulting in a strong bullish rally. Since then, price action has behaved mostly sideways, but t...
Read MoreCSL stops phase 2/3 COVID-19 vaccine trials: Australian Govt cancels order
By Deepta Bolaky @DeeptaGOMarkets CSL, a leading global biotech company headquartered in Melbourne announced its update on its COVID-19 vaccine developed in collaboration with the University of Queensland. The Company revealed while the Phase 1...
Read MoreLanding soon – Airbnb IPO
By Klavs Valters @klavsvalters Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s la...
Read MoreConsumer confidence at 10-year high
By Deepta Bolaky @DeeptaGOMarkets The Westpac-Melbourne Institute Index of Consumer Sentiment is lifted by 4.1% to 112 in December, reaching the highest level since 2010. The consumer confidence index hits a 10-year high indicating that sentiment...
Read MoreCOTD: GBPJPY – Bullish Sentiment On A Tightrope
GBPJPY - 4HR GBPJPY - Last week we looked at EURGBP and the technicals relating to potential issues surrounding the trade talks deadline. Sticking with the general theme, today's Chart of The Day focuses on another Sterling cross GBPJPY, po...
Read MoreOPEC and allies reach a compromise
By Deepta Bolaky @DeeptaGOMarkets The oil industry has remained pressurized by a supply glut and the ongoing uncertainty on the demand outlook with respect to the structural changes in the energy market and the pandemic. The recent vaccine update...
Read MorePreview: Non-Farm Payroll Announcement
By Klavs Valters @klavsvalters It’s a new month - which means the latest Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London time on Friday. W...
Read MoreCOTD: EURGBP – Sterling Aiming For Long-Term Recovery
EURGBP - 4HR EURGBP - Pound Sterling hit hard during today's London session as senior EU diplomats suggested significant barriers still exist around trade deal negotiations. The unfavorable news sent the cross rallying to a three and a half w...
Read MoreAustralian economy bounces back from recession
By Deepta Bolaky @DeeptaGOMarkets The Australian economy experienced its first recession in almost three decades having contracted for two consecutive quarters. Back in June, the economy slumped by 7% and encountered the worst fall on record. As ...
Read MoreBitcoin hits all-time high
By Klavs Valters @klavsvalters It has happened - Bitcoin has reached its highest level since December 2017 after surging by around 9% on Monday. World's largest digital currency (by market cap) touched $19,860 level beating the previous all-time...
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