Breaking News: ADP Revealed 20.2 Million US Private-Sector Job Losses in April Amid COVID-19 Pandemic
Could US ADP forewarn a worse-than-expected NFP tonight? USD/JPY could extend its decline further.
Latest Blog
Investors Shouldn't Ignore NFP This Week
This Friday’s payroll data could be the ugliest one in decades, short USD/JPY?
Breaking News: ECB Ready To Provide Further Coronavirus Stimulus
With US interest rates to remain on hold until further notice, dollar could continue to weaken versus commodity currencies such as New Zealand dollar. Long NZD/USD?
Breaking News: US Futures Climbed After Fed’s Commitment For Support & Better Earnings Report
With US interest rates to remain on hold until further notice, dollar could continue to weaken versus commodity currencies such as New Zealand dollar. Long NZD/USD?
US Likely To Report The Worst GDP Since 2009
Global growth outlook may weigh on sentiment this week, short USD/JPY?
Breaking News: US Oil Prices Turned Negative for the First Time in History
US oil prices turned negative as a result of the current global lockdown which is affecting the global demand for oil. With no end in sight, oil prices could remain depressed.
Short Sellers in The Stock Markets May Return
Given increasing doubts on the recent stocks rally, sell USD/JPY at peak might be appropriate.
Sneak Peek: US Earnings Season Kicks Off
With 88 negative earnings pre-announcements being issued by S&P 500 corporation according to Refinitiv, we expect investors to attempt to re-assess 2020 revenue and EPS prospects. Do expect huge...
Bond Market, China GDP May Reverse Risk Sentiment
Market confidence waned after the best week in decades, USD/JPY may continue to move lower.
Sneak Peek: All Eyes on OPEC Meeting and US Unemployment Claims
Both Saudi Arabia and Russia are willing to cut oil production only if all countries follow through. This means that it will be up to the US to make a critical decision. We believe that Trump will...
