06
Jul
Asian stocks kicked off the week on a strong positive note; hopes for more policy support being pretty much the only explanation to the early week optimism. The economic calendar is modest, and many market participants will probably extend their long weekends. The ISM Non-Manufacturing Index and jobless claims data will be the most important. […]
29
Jun
The economic calendar is a big one, compressed into a holiday-shortened week. Market participants will be checking out shortly after the Thursday morning jobs report for an extended weekend – somewhere! Employment data is the focus, but ISM manufacturing, consumer confidence, industrial production, factory orders, pending home sales, and auto sales are also all on […]
01
Jun
Three major central banks meet this week, the Reserve Bank of Australia, the Bank of Canada and the European Central Bank. The first two will likely assure investors and businesses that they are prepared to do more if necessary, but are probably not going to take fresh initiatives. On the other hand, the ECB is […]
25
May
Brewing geopolitical risks helped investors take some risk off the table heading into the long weekend. The dollar rallied against most of its peers as tensions remain front and center for the world’s two largest economies. Renewed unrest in Hong Kong will continue to weigh on the overall outlook as Western nations contemplate how to [...]
18
May
It’s been another interesting week in financial markets. This week is going to be no less eventful as investors come to grips with the reality of the situation we’re all facing while factoring in the seemingly endless supply of monetary support. Add to all of this the renewed tensions between the world’s two largest economies. [...]
04
May
What we are witnessing everyday due to a pandemic is often so crazy that it becomes extremely difficult to gauge the market and its trends. We’re into the second week of May and so far, things have not quite improved in terms of the pandemic. However, this week is equally crazy and twisted in terms [...]
27
Apr
Peak virus seemed to be the overriding theme of the week, with the rate of new cases and deaths falling in Europe and the United States, the COVID-19 epicentres. Plans appear to be accelerating also for partial reopening around the world. New Zealand returns to work tomorrow, Australia plans a partial effort this week, New [...]
20
Apr
While dozens of earnings reports are expected in the coming week and economic data will bring more insights into the impact of the coronavirus the main focus will still be on developments relating to the virus and how soon the economy can reopen. Authorities around the world are between a rock and a hard place: they [...]
13
Apr
It is no doubt that we’re battling the greatest ever economic devastation due to COVID19 pandemic. Last week, on Thursday, the weekly U.S. Jobless Claims remained the most important parameter to follow through the economic depression claim. The number of Americans seeking unemployment benefits in the last three weeks has topped 15 million. IMF Managing [...]
