Category Archives: Today’s Analysis

JUL 28,2020

Written on July 28, 2020 at 3:10 am, by

Daily Market Analysis Market Focus   U.S. stocks rebounded today as investors disregarded increasing coronavirus cases and the tensions between the U.S. and China. In the meanwhile, as the unveil of having another batch of stimulus check in the U.S., investors betted on their hope on more stimulus to revive a battered domestic economy ahead.Continue Reading

JUL 27,2020

Written on July 27, 2020 at 2:34 am, by

Market Focus   Diplomatic tension continued to escalate between China and US, where Beijing ordered the US to shut a consulate in Chengdu in an eye-for-an-eye retaliation. The Chinese Ministry of Foreign Affairs said Friday that the consulate’s closure was a “legitimate and necessary response to the unjustified act by the US.” US equity marketContinue Reading

JUL 22,2020

Written on July 22, 2020 at 2:26 am, by

Daily Market Analysis Market Focus U.S. stocks are push higher after the Congress is negotiating a new stimulus plan, and most importantly European Union leaders have agreed to support the virus- damaged regions. Along with the financial supports, the U.S. market is added to its highest since February 2020, with positive vaccine news. Several majorContinue Reading

JUL 21,2020

Written on July 21, 2020 at 2:23 am, by

Daily Market Analysis Market Focus   US stocks advanced to the highest since February as investors were confidence on potential virus vaccine development. On the other hand, former Fed Chairs Yellen and Bernanke were not so optimistic on US economy and commented “the unknown depth and duration of the recession means downside risks are building.”Continue Reading

JUL 20,2020

Written on July 20, 2020 at 2:12 am, by

Weekly Analysis Market Wrap (Weekly Basis) EURUSD It has been a choppy week for EURUSD, but it still managed to push its price higher over the past week, growing from 1.1300 region to 1.1443 and heading to its best level since the spike in March. Looking ahead, news such as WH Economic Advisor Kudlow’s statementContinue Reading

JUL 17,2020

Written on July 17, 2020 at 2:09 am, by

Daily Market Analysis Market Focus   Technology shares pushed U.S. stocks lower for the first time in three days after investors rotated out of this year’s top performers. Treasuries gained with American initial jobless claims posting their smallest weekly decline since March. The tech-heavy Nasdaq 100’s 0.7% decline was among the largest of major U.S.Continue Reading

JUL 16,2020

Written on July 16, 2020 at 2:17 am, by

Daily Market Analysis Market Focus  US equity index are riding on positive news from biotech company Moderna Inc., where it reported promising trial result. The vaccine developments brought a rush of optimism to the financial markets that have struggled to make headway recently in the face of record high outbreak figures. However, stocks were fadedContinue Reading

JUL 15,2020

Written on July 15, 2020 at 2:25 am, by

Daily Market Analysis Market Focus US stocks posted their biggest gain in more than a week amid a late session surge, led by rallies in the energy, materials, and industrial sectors. The dollar weakened to an almost five-week low and Treasuries were little changed. After the close of regular trading, the SPDR S&P 500 ETFContinue Reading

JUL 14,2020

Written on July 14, 2020 at 2:26 am, by

Daily Market Analysis Market Focus US stocks declined after the S&P 500 briefly touched the highest level since the coronavirus pandemic sent markets tumbling worldwide in March. Major US equity index suddenly stumbled during late US session on signs that the virus was constantly breaking record high. President Donald Trump on Monday criticized health experts’Continue Reading

JUL 13,2020

Written on July 13, 2020 at 2:00 am, by

Weekly Analysis Market Wrap (Weekly Basis) Gold         Gold relentlessly surged to its highest level at $1818 since September of 2011. Global investors were bulking their position on safe-haven assets, such as government bond and value preserving metals. Large fund is adjusting their portfolio with respect to COVID-19 condition, and the recent spiking number ofContinue Reading