There is more upside for the dollar in the near term as the OPEC+ agreement, to increase oil supplies, weigh on energy companies in Asia and add to the negative tone from last week’s equities close. There is also a gloomy outlook for growth as global virus cases spike again.
The dollar is...
FOMC meeting seems like the big event risk on the calendar this week, but we are not convinced it will really be a dominant theme when there’s so much else going on, such as Tech giants’ earnings, which would set for dominating the market moves.
Apple, Tesla, Alphabet, Microsoft are the...
Risk sentiment in the entire capital market has been rising this month, even as the resurging coronavirus cases weigh on the health of global economy.
Cyclical sectors – those most economically sensitive groups – have led the market’s November rally amid a slew of positive vaccine news. Energy...
Market confidence waned after the best week in decades, USD/JPY may continue to move lower
US stocks soared last week to post their biggest weekly gains since 1974, extending a remarkable rally despite evidence of increasing levels of economic strain due to the coronavirus pandemic.
Markets...
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