News Archive

Browse through our recent news articles and market analysis

Gold surged on the renewed concern of coronavirus pandemic outside China's Wuhan city and rumor of Beijing 'lock down'

Gold soared on the renewed concern of...

21/02/2020 - 07:23

Gold (XAU/USD-spot) closed around 1622.30 in the U.S. session Thursday, soared almost +0.74% on the renewed...

USDJPY jumped on reduced coronavirus concern and huge stimulus in China coupled with terrible economic data, increasing corona panic and FY ending fund-flow adjustments in Japan

USDJPY soared on reduced coronavirus concern...

20/02/2020 - 10:58

USDJPY jumped to a 9-months high of 111.60 Wednesday before closing around 111.19, soared almost +1.20% on...

Wall Street crumbled Wall Street slumped Tue on coronavirus/Apple guidance panic but off the low on Trump's conciliatory tone for China to not impose any fresh trade restrictions and bargain hunting in Apple

Wall Street slumped Tue on coronavirus/Apple...

19/02/2020 - 12:11

The U.S. stock market slumped Tue on coronavirus/Apple guidance panic but off the low on Trump’s conciliatory tone...

Oil jumped on hopes & hypes of Russian nod for another OPEC+ production cut but slips early Tuesday on terrible Apple guidance amid the renewed concern of Chinese slowdown on lingering corona panic

Oil surged on hopes & hypes of Russian nod...

18/02/2020 - 09:39

On Friday, oil (WTI/April 20) surged +1.23% Friday to close around 52.05 on hopes of Russian nod for another...

Wall Street edged up late Fri after recovering from coronavirus panic low on Trump's tax incentive stimulus plan for stock investment in the election manifesto

U.S. stocks edged up late Fri after...

16/02/2020 - 19:23

The U.S. stock market edged up late Fri after recovering from coronavirus panic low on Trump’s tax incentive...

Dow edged downThu as it recovered from corona-panic low on the WHO clarification, hopes for China's plasma therapy and Fed's monetary vaccine but slips late hour as court stays MSFT contract

Dow inched down Thu as it recovered from...

14/02/2020 - 12:09

The U.S. stock market inched down Thursday as it recovered from coronavirus deep panic low on the WHO...

Wall Street jumped Wed on reduced concern of coronavirus and hopes for a monetary vaccine by Fed; Dow Fut rattled early Thu as nCoV cases surged suddenly in China after new CT Scan detection technique

U.S. stocks jumped Wed on reduced concern of...

13/02/2020 - 15:19

The U.S. stock market jumped Wednesday on fading concern about a global pandemic out of China’s coronavirus...

Dow almost unchanged Tue but faded record high on owlish testimony by Fed's Powell, renewed coronavirus panic and tech/FTC woes; Dow Fut surged early Wed on the falling number of fresh viral cases in China

Dow almost flat Tue but faded record high on...

12/02/2020 - 12:03

The U.S. stock market closed almost flat but fades the record high on owlish testimony by Powell, renewed panic...

EURUSD crumbled to multi-months low on German political drama, China's coronavirus uncertainty coupled with a deluge of soft Eurozone economic data

EURUSD slips to multi-months low on German...

11/02/2020 - 10:20

EURUSD closed around 1.0911 in the U.S. session Monday, slumped -0.36%, at multi-months low. EURUSD slips almost...

USDJPY inched down on lingering concern about coronavirus, Goldilocks U.S. NFP report (with big revision for 2018); Fed may cut again if coronavirus related economic slowdown intensifies

USDJPY edged down on lingering concern about...

08/02/2020 - 16:41

USDJPY closed around 109.75 in the U.S. session Friday, edged down -0.15% on lingering concern about coronavirus...

Dow inched up Thu amid hopes & hypes of coronavirus vaccine and a better prospect of a blockbuster win by Trump in 2020 election; Dow slips early Fri on viral panic despite Goldilocks U.S. NFP report

Dow edged up Thu amid hopes & hypes of...

07/02/2020 - 16:11

The U.S. stock edged up Thursday amid hopes & hypes of coronavirus vaccine development and a better prospect of a...

Oil soared and recovered from 13-months low on hopes of an early vaccine for China's deadly coronavirus coupled with deeper production cut by OPEC+ amid the concern of supply glut

Oil jumped and recovered from 13-months low...

06/02/2020 - 10:23

Crude oil (WTI/Mar20) closed around 50.75 in the US session Wednesday, jumped almost +2.30% and recovered from the...

U.S. stocks jumped Tue on hopes of an early coronavirus medicine, Chinese stimulus and better prospect of a Trump mega-win in 2020 election; Dow soared early Wed on nCoV vaccine 'breakthrough'

U.S. stocks surged Tue on hopes of an early...

05/02/2020 - 14:56

The U.S. stock market surged Tuesday on hopes of an early coronavirus medicine, Chinese stimulus and better...

Dow surged Mon on the clinical trial of coronavirus vaccine in China but faded as U.S. CDC prepared for any possible pandemic; Dow Fut soared early Tue on Chinese stimulus and hopes of an early vaccine

Dow jumped Mon on the clinical trial of...

04/02/2020 - 13:02

The U.S. stock market jumped Monday on the clinical trial of coronavirus vaccine in China but faded the session...

Dow tumbled Fri as China's coronavirus epidemic turns virtually pandemic and Trump declared U.S. public health emergency; Dow Fut jumped early Mon on hopes of an early vaccine trial

Wall Street tumbled Fri as China's...

03/02/2020 - 14:08

The U.S. stock market tumbled Friday as China’s coronavirus epidemic turns virtually pandemic and Trump declared a...

GBPUSD surged on Brexit celebration, less dovish hold by BOE and broad weakness in the US dollar as WHO euphoria on China's coronavirus evaporates; focus now on U.K.-EU trade deal

GBPUSD jumped on Brexit celebration, less...

31/01/2020 - 20:17

GBPUSD made a multi-week high of around 1.32000 in the mid-U.S. session Friday, jumped almost +0.87% on Brexit...

U.S. stocks soared late Thu from deep red as WHO sounds soft and confident on China after declaring global health emergency; Dow Fut slips early Fri as China's coronavirus further spreads to the U.K.

U.S. stocks jumped late Thu from deep red as...

31/01/2020 - 13:31

The U.S. stock market inched up but jumped late Thu from a deep red as WHO sounds soft and confident on China...

Dow little changed Wed but faded the high on less dovish hold by Fed and 'grave concern' by WHO on China's coronavirus; Dow tumbled Thu as the U.S. reports 1st human-to-human transmission of nCoV

Dow closed almost flat Wed but faded the...

30/01/2020 - 19:10

The U.S. stock market closed almost flat Wednesday but faded the session high on less dovish hold by Fed and...

Gold edged up ahead of WHO presser on Chinese coronavirus as situation still very grim and Fed may provide 'monetary vaccine'

Gold inched up ahead of WHO presser on...

29/01/2020 - 17:11

Gold (XAU/USD-spot) made a high of 1574.54 in the early U.S. session Wednesday, inched up almost +0.38% ahead of...

Dow crumbled Monday but off the coronavirus panic low on an optimistic assessment by U.S. CDC; Dow Future surged early Tuesday

Dow slid Monday but off the coronavirus...

28/01/2020 - 14:54

The U.S. stock market slid Monday, but off the coronavirus panic low on an optimistic assessment by U.S. CDC. Dow...

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