GDP Sees Rceord Fall in Q2The US Q2 GDP reading, released yesterday, confirmed the worst period of economic activity since the second world war with the economy contracting by 32.9% from...
Fed Highlights Pandemic Uncertainty At July FOMC
The July FOMC meeting held last night was a fairly low impact event. In line with expectations the Fed refrained from adjusting policy levels while delivering a message of concern and uncertainty,...
Fed Announces 3mth Extension to Lending Programs Ahead of FOMC
Funding Operations ExtendedAhead of the July FOMC meeting later today, the Federal Reserve announced yesterday that it will extend the duration of a number of its lending facilities through to the end...
US Durable Goods Data Raises Questions over Recovery
Durable Goods Slows From Initial RecoveryThe latest economic data from the US has done little to offer much encouragement over the health of the recovery there. Durable goods orders for last month...
Why Are Equities Indices Reversing?
US Equities Concede GainsHeadlines and sentiment over the last month have been increasingly positive with and more optimism being attached to the tentative recovery underway in the US. However, if the...
The IndeX Files 09-06-2020
US Jobs Number Raises Recovery HopesWhile global equities benchmarks remain broadly supported, upside momentum has stalled a little this week following a bumper US jobs report on Friday. The NFP for...
Precious Metals Monday 08-06-2020
GoldGold prices are starting the week with a bid tone as price continues to recover off the 1668.91 level support tested last week. The man story for now is the dramatic rebound in the US jobs number...
The Friday Forex Takeaway - Episode 37
Key Points from This WeekUS Civil Unrest IntensifiesBlack Lives Matter protests, which sprung up in the wake of the killing of unarmed, black-American George Floyd last week, have raged for 10 nights...
The Friday Forex Takeaway - Episode 32
Key Points From This WeekBOJ Eases FurtherWith the COIVD-19 crisis keeping many Japanese cities under lock-down, the economy continues to struggle. In a bid to address this, the BOJ took the...
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