News & Analysis

October: US Stimulus Noises and National Lockdowns
October 30, 2020

By Deepta Bolaky  @DeeptaGOMarkets Another Volatile Month for Markets The financial markets were rattled by another wild month driven by geopolitics and COVID-19 updates. As the month comes to an end, the rapid resurgence of the coronavirus cases...

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US Election 2020: Eyes on the US Senate
October 30, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Political Event of the Year 2020 The most-awaited political event of the year 2020 is just around the corner: the US Presidential elections will take place next Tuesday on the 3rd of November. The US politic...

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Overnight on Wall Street: Thursday 29 October 2020
October 29, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets The bloodbath in the stock market continues as more countries are set to go into national lockdowns again following the surging number of COVID-19 cases. Source: Bloomberg The second wave...

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COTD: XAUUSD- Is Gold Losing Its Shine?
October 29, 2020

XAUUSD - Hourly XAUUSD - The London session saw a much weaker performance from XAUUSD today, as it plunged around 2% on the open to print a low of $1869 on the day. Perhaps as the US general election approaches, coupled with stimulus talk and...

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Overnight on Wall Street: Wednesday 28 October 2020
October 28, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets It was another day of red in the global stock markets as certain European countries continue to post record numbers of coronavirus cases and reported more deaths seen since April. European stocks ...

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Earnings to Watch This Week: Amazon, Microsoft, Apple, Facebook and Alphabet
October 27, 2020

By Deepta Bolaky  @DeeptaGOMarkets Investors are gearing up for one of the busiest weeks of the third-quarter earnings season. The immediate focus will be on the tech leaders: Amazon, Apple, Facebook and Alphabet as those companies were among th...

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Overnight on Wall Street: Tuesday 27 October 2020
October 27, 2020

By Deepta Bolaky  @DeeptaGOMarkets Equity Markets The daily records of coronavirus infections across the US and European countries have dampened risk sentiment. Global equities ended in a sea of red with major pullbacks in the European and US mar...

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COTD: AUDCHF – Bearish Channel Dictates Trend
October 27, 2020

AUDCHF - 4HR AUDCHF - When looking at the daily chart for AUDCHF, there certainly appears to be signs of a bearish breakout building up for the pair. It's more of a longer-term trend that looks set to grind the price lower during the upcoming...

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Week Ahead: US Election Polls, Brexit, ECB Meeting, Q3 GDP, and Tech Giants Earnings Results
October 26, 2020

By Deepta Bolaky  @DeeptaGOMarkets Investors are gearing up for an eventful week with plenty of economic data, big tech earnings and geopolitical events. The predominant themes remain the US election, Brexit negotiations, central banks guidance ...

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PayPal Taps into Crypto
October 22, 2020

By Deepta Bolaky  @DeeptaGOMarkets Buy, Hold and Sell Cryptocurrency  PayPal officially confirmed its entrance in the cryptocurrency market on Wednesday. The leading online payments company announced the launch of a new service enabling its cust...

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