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Fed keeps rates near zero, Tech CEOs testify

Fed's Chairman Jerome Powell has a clear message: They will not step off the gas when it regards stimulus. He stated in the previous Fed meeting, "We are not thinking about thinking about raising rates." Today? "We are not thinking...

What’s next for Argentina?

Over the past year, the Argentinian Peso has last 20.3% against the US dollar. A combination of spiraling government debt, political unrest, and the Coronavirus have seen Argentina fall further into recession....

Euro eyeing out 1.18 against the dollar

The Euro has been on a tear recently, up 8.55% against the US Dollar over the past three months as investors become increasingly more confident in the continent....

Gold reaches unprecedented Territory

Gold reaches an all-time high amidst Geopolitical tensions and the Coronavirus continuing to fuel demand into safe-haven assets. Gold spot reached a high of $1944.52 during the Asia session, smashing the record print of $1923 by $21....

Equity market pushes downward on US Coronavirus fears

Tech and consumer equities lead the charge downwards as fears that the recovery has stalled in the US emerges. The NASDAQ is down 2.33% today, with the SP500 and Dow Jones down 0.66% and 0.7%. Priced-to-perfection tech stocks, even with...

Could we see a full oil recovery this year?

Some quick numbers – Globally, there are over 15 Million Coronavirus cases and 618,000 deaths due to the pandemic. An estimated 47 million people may lose their jobs in the United States alone. Oil dived into negative, an unprecedented move....

Markets Moving: Metals, Oil and Equities up, Tech down

Markets have been moving today on the back of positive vaccine news amongst concrete stimulus hopes. Silver rallied to a peak of $21.319 as investors and traders bet that a push to green energy will provide a silver lining to...

Battle between the safe havens: USD vs JPY

The Dollar Index at the peak of the Coronavirus lockdown rallied, almost touching 103 – the highest level since 2017. The Dollar index shows the relative strength of the USD to a basket of other currencies. However, a couple of...

PBoC, Inflation and Jobless Claims – Week ahead

The markets continue to grapple with the immediate effects of the Coronavirus. The second wave in pockets of the world has forced cities to take active measures to control the virus. Melbourne, Australia has gone into a secondary lockdown while...
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