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Broader indices such as the S&P 500 and NASDAQ have had stellar run-ups since the March lows. Now the burning question for many market participants is, can they expect another robust performance...
The euro has climbed to a four-month high, as traders have banked on a resolution to the stalemate on the EU's proposed recovery fund. It’s interesting to note that European stocks, and indeed...
EU leaders continue to struggle over reaching a deal on budget and coronavirus stimulus package US investors rotate out of tech, into beaten-down value shares Chinese investors move in the opposite...
Oil bulls are expected to double down this week in their fight to keep crude prices above, or at least near, $40 a barrel as raging new cases of COVID-19 threaten to send key US cities into another...
Reports Q2 2020 results on Monday, July 20, after the market close Revenue Expectation: $17.4 billion EPS Expectation: $2.08 When International Business Machines (NYSE:IBM) reports second quarter...
Equities post third weekly advance on volatility and thin volume Gold gains as dollar drops Oil continues to trade sideways Market sentiment remains unstable, whipsawing between risk-on and -off. That...
Even as the ongoing spike in the coronavirus pandemic weighs on market sentiment, investors are expecting to get some clarity on COVID-19's economic impact from an array of the US's largest companies...
When a stock rises more than 500% in a year, it’s not a bad time to think about a safe exit. Investors in Tesla (NASDAQ:TSLA), may have been making this kind of calculation lately, after the...
Over the past several months healthcare has become a top priority for individuals and governments alike around the globe. Many now regard a potential drug, or a vaccine, as a fast-track to a 'normal'...
Has gold transformed into a risk asset from the “safe-haven” we’ve known it to be?Some are asking that, as the price fell its most in a week on Thursday, sliding below the key $1,800...
While US homebuyers tightened their purse strings as unemployment exploded during the initial wave of the pandemic, homeowners took advantage of record low borrowing rates. Demand for home refinancing...
China retail sales disappointed, overshadowing better-than-expected GDP The US and China extend their tit-for-tat spat Risk-off sentiment pervades markets Key EventsA slew of Chinese economic data,...
Natural gas bulls are in a good place right now, following the crash in prices to record lows just three weeks ago. But it’s probably not the ideal sweet spot they’d like.NYMEX Henry Hub...
The first half of 2020 has seen billions of global citizens shelter-in-place as part of lockdowns against the spread of COVID-19. A result of these stay-at-home and work-from-home trends: consumers...
Reports Q2 2020 results on Thursday, July 16, after the market close Revenue Expectation: $6.09 billion EPS Expectation: $1.82 Netflix (NASDAQ:NFLX) has been one of 2020's strongest equity...
Over the next few months, we expect the Chinese yuan to gain significantly over the dollar.We have been downbeat on the dollar since it May 28, when it completed a bearish pattern. We have since...
Greenback weighed down by unchecked fiscal policy and technicals China stocks underperform after sanctions and rumors of bank collapses Key EventsUS futures for the S&P 500, Dow Jones, NASDAQ and...