Analysis

More turbulence to come as some US states prepare to reopen their economies and global trade tensions rise

Posted on Sunday, May 17 2020 at 2:07 pm GMT+0000

Risk sentiments weakened last week weighed by worries about Sino-U.S. trade relations and weaker-than-expected U.S. Economic data painted a grim picture at the end of the past week as U.S. retail sales and manufacturing output showed record declines in April due to virus-related stay-at-home orders. Retail sales plummeted by 16.4%, a decline never seen before […]

BOE and RBA to stand pat. NFP to reveal staggering losses in the jobs market

Posted on Sunday, May 3 2020 at 2:41 pm GMT+0000

After having improved earlier in the past week on promising coronavirus drug and hope of shutdowns ending soon, risk sentiments saw a turnaround on Thursday on fears that the US-China trade could resume. The US president Donald Trump who was accusing China for not giving enough warning about the coronavirus, has hinted at new tariffs […]

Central bankers back to the stage this week

Posted on Sunday, April 26 2020 at 1:58 pm GMT+0000

Risk sentiment remained volatile the past week. The United States is deeply divided over the correct economic and health response. Until now, no drugs or other therapeutics presently approved by the U.S. Food and Drug Administration (FDA) to prevent or treat COVID-19. On Thursday, the leading experimental drug Remdesivir that had been heralded as a […]

forthcoming Global PMIs to reveal pandemic impact

Posted on Sunday, April 19 2020 at 2:12 pm GMT+0000

Risk sentiment improved at the end of the past week and world stocks closed higher for the second week in a row. It seems like investors decided to ignore the raft of gloomy data and corporate earnings released over the week and focus on positive developments. They were optimistic about the results of a drug […]

Will risk sentiment continue to improve this week?

Posted on Sunday, April 12 2020 at 2:15 pm GMT+0000

Risk sentiment has steadily improved the past week on tentative signs that the pandemic is slowing in U.S. and European hotspots, and bolstered by the U.S. Federal Reserve’s massive new lending programme for small companies. The Fed on Thursday announced a $2.3 trillion programme to offer loans to local governments and small and mid-sized businesses, […]

Coronavirus global economic toll continues to mount

Posted on Sunday, April 5 2020 at 3:53 pm GMT+0000

Fear remains in the air, and although there are some signs that the number of new infections in Europe is slowing, in the US the number of new cases is continuing to rise. The global number of infections has passed one million during the past week, with the US having roughly a quarter of the […]

Will the stock market rally continue? And will the NFP trigger another bout of turbulence?

Posted on Sunday, March 29 2020 at 4:06 pm GMT+0000

The coronavirus outbreak and the economic fallout will continue to be the main driver of the markets this week. Although the number of cases in China is falling, the situation is worsening outside the Asian nation. The US overtook China last week as the nation with the most confirmed virus cases. Numbers of cases in […]

Global turmoil continues!!

Posted on Sunday, March 22 2020 at 3:03 pm GMT+0000

Daily life came to a screeching halt the past week as governments, businesses and consumers took drastic steps to halt the COVID-19 pandemic. Most governments closed schools and cancelled events and flights, some of them imposed country-wide lock-downs, and some declared a national emergency to combat virus outbreak. And in an attempt to limit-down the […]

Can the Fed’s stimulus measures stop the stocks sell-off? What actions are needed?

Posted on Monday, March 16 2020 at 3:55 pm GMT+0000

The exceptional stimulus measures by the Fed and other central banks reveal the depth of the crisis facing the world and the financial system today. In less than two weeks, the Federal Reserve cuts interest rates to 0% (150 basis points), and injected 2.2 trillion dollars of liquidity into the markets. But unfortunately, markets reacted […]

Will ECB follow the Fed in cutting rates this week?

Posted on Monday, March 9 2020 at 7:59 am GMT+0000

The Coronavirus outbreak is expected to continue to be the main theme in the markets, as the number of virus cases outside of China are accelerating fast with no sign yet that the outbreak is close to peaking. Last week the United States, France, Italy, Germany and the United Kingdom have all reported huge increases […]

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