GO Daily News

Overnight on Wall Street: Thursday 21 January 2021
January 21, 2021

By Lachlan Meakin Equity markets US markets pushed decidedly higher last night with the S&P 500 (US500) hitting record highs on the optimism that federal spending will revive growth and support corporate earnings with the new Biden administrati...

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Overnight on Wall Street: Wednesday 20 January 2021
January 20, 2021

By Lachlan Meakin Equity markets US equity markets rallied Tuesday as traders returned from the long weekend. Tech stocks outperformed with the Nasdaq (NDX100) up more than 1.5% on the back of signs of mounting support for significant fiscal sti...

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Overnight on Wall Street: Tuesday 19 January 2021
January 19, 2021

By Lachlan Meakin Equity markets With the US equity markets closed in observance of Martin Luther King day it was a quiet night on European exchanges with little change of mixed performance.  Yesterday we saw China GDP q/y beat expectations which...

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NZDJPY – Kiwi Gathers Momentum Eyeing 77.88
January 15, 2021

NZDJPY- Daily NZDJPY- The Japanese Yen finally regained some ground against the US Dollar during this afternoon's London session but continues to display weakness against many of its counterparts. In particular, the NZDJPY and AUDJPY crosses ...

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Crude Oil – Saudi Production Cuts Spark Rally
January 13, 2021

USOIL- Hourly USOIL- It's been an impressive start to the year for Crude Oil prices so far, with prices steadily rising to over $50 per barrel and returning to pre-pandemic levels. It would seem many underestimated such a speedy recovery. ...

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EURUSD – Goldman’s 1.28 Estimate Matches P&F Analysis
January 8, 2021

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 ...

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Overnight on Wall Street: Wednesday 06 January 2021
January 6, 2021

By Deepta Bolaky  @DeeptaGOMarkets Equity markets It was another mixed performance in the global stock market on Tuesday. European stocks were mostly under pressure while the US share market ended with modest gains ahead of the run-off elections ...

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Overnight on Wall Street: Tuesday 05 January 2021
January 5, 2021

By Deepta Bolaky  @DeeptaGOMarkets Equity markets Global equities started the new year on a mixed note as investors digested the rising number of coronavirus cases in major economies, further social distancing measures and lockdowns, and the runo...

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Overnight on Wall Street: Thursday 17 December 2020
December 17, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity markets Global equities are finding support on positive geopolitical headlines and the first round of vaccinations. Brexit is at a key turning point and investors are closely monitoring any statements or ...

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Overnight on Wall Street: Wednesday 16 December 2020
December 16, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity markets Risk sentiment was buoyed by the first round of vaccinations and the positive headlines on US stimulus putting aside further lockdown restrictions in Europe. Investors are closely monitoring the m...

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EURJPY – Unearthing A Potential 2015 Target
December 16, 2020

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...

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Overnight on Wall Street: Tuesday 15 December 2020
December 15, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity markets It was a mixed start to the week for the global stock market. Investors digested some positive news towards the end of last week and over the weekend. Despite ongoing tough negotiations, both the ...

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Overnight on Wall Street: Thursday 10 December 2020
December 10, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Global equities are swinging between losses and gains since the start of the week following conflicting headlines on vaccine, Brexit and US stimulus talks. European markets fared better than US st...

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Overnight on Wall Street: Wednesday 09 December 2020
December 9, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets Stocks in the European and US session edged higher on promising vaccine updates and stimulus talks. Amid tougher lockdown restrictions in the US, a stopgap funding measure may be passed to avert a...

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COTD: GBPJPY – Bullish Sentiment On A Tightrope
December 9, 2020

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...

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