Daily Technical & Fundamental Analysis

Investors hardly want to risk switching to safe havens again
04 July, 2019 16:39

Investors hardly want to risk switching to safe havens again

The agreement that was achieved between Washington and Beijing at the G20 Summit failed to promote a long-lasting demand for risk. For now, investors are still full of concerns and thus prefer to buy safe havens...The risk of the downward movements in the market given reasons to believe that even-bigger economic slump is ahead.

US Fed and Jerome Powell in market spotlight
19 June, 2019 13:51

US Fed and Jerome Powell in market spotlight

The US Federal Reserve 2-day meeting is coming to an end today. The middle of the week can be quite challenging for the US Fed Chairman Jerome Powell. Over the past weeks, monetary officials many times noted a possibility of the interest rate reduction in the country to secure soft conditions for the economy to struggle with the external tensions.

Bank of Japan expected to hint further monetary position at upcoming meeting
24 May, 2019 14:39

Bank of Japan expected to hint further monetary position at upcoming meeting

Japan has unveiled the report about April changes of the national CPI. According to the released figures, the inflation in Japan rose 0.9% y-o-y, while the forecasts suggested a less significant increase of 0.4%. The March inflation results were 0.5% up y-o-y. This means that the country's Central Bank can consider upward revision of the interest rate to move it above the negative line or at least set the rate at zero lines if the inflation continues growing in Japan.

US-China tensions rising: new tariff hits
14 May, 2019 14:48

US-China tensions rising: new tariff hits

The countermeasures by Beijing came quickly. China announced new duties on some American products yesterday, which depressed the US dollar against such currencies as the Japanese yen, Australian and Canadian dollars. 

Unexpected response to US duties from stock markets
11 May, 2019 12:54

Unexpected response to US duties from stock markets

It has been officially confirmed that the US Donald Trump eventually revised the import duties on Chinese products worth $200 billion. As a result, the imports from China worth $250 million in total are subject to 25% tariffs now. Meanwhile, the Asian stock markets reacted somewhat unexpectedly to these reports after a week sales.

Market participants look for China-US talks to take place this week
07 May, 2019 16:17

Market participants look for China-US talks to take place this week

The markets still entertain a hope that the Washington-Beijing talks will eventually take place especially given the recent reports that the parties are about to hold a meeting in Washington this week.

BOE makes unexpected forecasts, pound down anyway
03 May, 2019 15:53

BOE makes unexpected forecasts, pound down anyway

The market generally expected such interest rate scenario under which the Bank of England decided to keep the rates unchanged at 0.75%. At the same time, the real surprise was BOE's economic outlook that gave an opportunity for further monetary tightening.

Bank of Japan: interest rate to remain negative till 2020
25 April, 2019 15:31

Bank of Japan: interest rate to remain negative till 2020

On Thursday, the Bank of Japan has released its decision regarding further monetary policy, which made no surprise as the market anticipated such move. The bank announced that it would leave the interest rate negative at -0.1%. However, it should be mentioned that the Central Bank also added in the letter that it is going to maintain this rate at least till spring 2020. 

Beijing economic stimulation seems to be effective
18 April, 2019 17:44

Beijing economic stimulation seems to be effective

Investors that expected China to post more optimistic data managed to get what they wanted this Wednesday. The top-2 economy in the world posted a higher-pace increase in Q1 driven by effective stimulus measures. The country's Q1 GDP increased by 6.4%, exceeding the previous forecasts by 0.1%. In fact, this was the second period in a row when China posted such pace of the growth beginning from Q4 2018.

Euro to US dollar rate somewhat stabilizes after previous collapse
16 April, 2019 17:00

Euro to US dollar rate somewhat stabilizes after previous collapse

The euro-to-US dollar stays positive so far, but investors show restrained activity on Tuesday. For now, the exchange rate is near $1.1302. Meanwhile, statements by the US President Donald Trump keep putting pressure on China and the capital markets.

Stock market fails to get support from central banks this week
12 April, 2019 18:00

Stock market fails to get support from central banks this week

Asian stock indices show some decline at the end of the week. Investors, in their turn, are thinking over the recent hints for further development of the global economy as well as decisions by the central banks. After the recent meeting of the European Central Bank, its Chairman Mario Draghi once again stated that risks for the euro-area economic growth are less significant. According to the results of the meeting, the Central Bank has decided to leave the interest rate unchanged this year.

Euro somewhat stronger amid ECB meeting
11 April, 2019 15:06

Euro somewhat stronger amid ECB meeting

Euro was in the black during the morning trading on Thursday. In fact, the currency continued following the trajectory set yesterday after the European Central Bank meeting. The euro-to-US dollar exchange was highly volatile in the middle of the week, though the bulls eventually managed to take the lead. Wednesday was also marked by the regular meeting of the European Central Bank after which it was decided to leave the interest rate unchanged.