EUR/GBP relinquishes recent advances： EUR/GBP experienced an unusual uptick on Friday amid easing tensions between Israel and Iran. Furthermore, Deputy Governor Dave Ramsden of the Bank of England expressed expectations for a significant decline in inflation towards the target in the upcoming months, signaling a dovish stance to the market. Attempting to counter such sentiments,...
Category: Markets Daily
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Principles and Implementation Methods of Trend Following Trading Strategies
Trend following trading strategies are built upon a profound understanding of market characteristics. The core principle acknowledges that markets often exhibit sustained trends over a period of time, rather than fleeting fluctuations. Traders would leverage this principle by aligning themselves with the primary market trend direction to identify trading opportunities and capture profits as trends...
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Is the American economy immune to crises?
In this article, we will explore the current panorama of the US economy and how five crucial factors have propelled its performance beyond expectations. We will investigate how the accumulated savings during the pandemic, the dynamics of interest rates, fiscal stimuli, the labor market, and housing scarcity have contributed to the economy’s robustness. However, our...
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Bitcoin surges 3% after Payroll and bank crisis
In this article, we will cover topics such as the recent rise of Bitcoin, which has surged 3% driven by factors such as strong Payroll and the bank crisis, Coinbase’s stance on regulatory uncertainties, Cash App profits in Bitcoin revenue, and the technical analysis of BTCUSD. If you are an investor interested in cryptocurrencies, keep...
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Bank fears ease and interest rates rise again
Banking fears subside and interest rates rise again – but there is still a strong concern about inflation and a likely ever-closer recession. The bets for the next FOMC meeting are quite volatile: it is important to note that the market is already pricing in a significant drop in US interest rates by the end...
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Fed pulls back: US interest rate rises by 0.25%
Since Wednesday, there are two different perspectives among analysts regarding the post-FOMC speech by Jerome Powell, the President of the American Central Bank, where the American interest rate increased by 0.25%. Some feel that its tone was more subdued, while others feel that it was quite aggressive in parts. Every political position requires caution, but...
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Markets Daily: Asian Equities Set to Open Steady After US Record
Equity futures rose in Australia, Japan and Hong Kong amid curbs. Tuesday saw the Nasdaq rose by 0.2%. The S&P 500 and the Dow Jones both rose less than 0.1% backed by the tech and retail sector, with financials lagging behind. Asian shares are set to open steady after investor optimism on the economy grows and...
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Markets Daily: Treasury Rises, Asian Stocks Set for Mixed Open
Equity futures pointed lower in Australia and Japan, but higher in Hong Kong amid curbs. Monday saw the S&P 500 lifted 0.2% to another record high. The Nasdaq also reached a fresh high, lifted 1% backed by the likes of Apple, Amazon, and Zoom. The Dow Jones, on the other hand, was down 0.4%. Treasury rose...
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Markets Daily: Asian Stocks Set to Open Steady on Monday Morning
Equity futures were little changed in Australia, Japan, and Hong Kong as investors assess the pace of economic recovery. Last week the S&P 500 had its best week since February, which lifted 2.7% with financial and retail shares outperforming tech giants; the Dow Jones lifted 3.4%, and the Nasdaq rose by 2.4%. Treasury yields lifted on...
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Markets Daily: Asian Stocks Set to Rally on Optimistic US Economic Outlook
Equity futures advanced in Australia, Japan, and Hong Kong following another record close in the US fuelled by a bipartisan $579 billion U.S. infrastructure deal that stoked economic optimism. The Dow Jones index lifted by 1% overnight. The S&P 500 and Nasdaq each rose by 0.6% and 0.7% respectively with energy and financials leading gains. Treasury yields were...