The sell-off in risk assets continued in early European session. A jump in new coronavirus cases in Italy and South Korea over the weekend has intensified concerns that global demand could be a lot softer in Q1 than anticipated due to the impact of the virus. Investors went in panic mode and dumped stocks with …
Markets in total panic mode as coronavirus cases Jump Read More »
Stocks have just dropped sharply a few hours after the open on Wall Street. So far it is not clear what’s causing the move, but with safe haven gold continuing to rise over the past several weeks, it is clear that some investors are clearly worried about something. Chief among the worries is the implications …
The AUD/CAD has been trending lower on the back of a dovish RBA and not-so-dovish BOC. The downward trend may have resumed following yesterday’s price candle: Key technical points Price has been making lower lows and lower highs On Wednesday, price formed an inverted hammer candle off the bear trend The hammer candle suggests sellers …
US bond yields have been in a downtrend for months and now they are breaking down once again after recent consolidation. Source: TradingView This should be good news for low-yielding and noninterest-bearing assets such as gold and silver … Trading leveraged products such as FX, CFDs and Spread Bets carry a high level of risk which means you could …
