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Here is our week ahead preview for the week commencing 3rd August 2020.
Fawad Razaqzada 31/07/2020
On Wednesday, the major US tech giants were grilled by the Congress. On Thursday, they will face the markets as they all report their earnings for the second quarter after the close of play.
Fawad Razaqzada 30/07/2020
…but that was priced in and people are more worried about the outlook for the third and subsequent quarters.
Risk appetite turned sour Thursday morning as investors dumped European stocks, crude oil and bought the US dollar, although the greenback started to ease off its highs by mid-morning which saw...
The equity markets are relatively calm as investors await big earnings, FOMC and key economic data, as we enter the second half of the week
Fawad Razaqzada 29/07/2020
While gold is indeed a better store of value over fiat currencies and dare I say cryptos, the dollar is not dead...
Profit-taking has been the main theme during the Asian and the first half of European sessions today.
Fawad Razaqzada 28/07/2020
While gold, the yellow precious metal, is making all the headlines after it broke to a new record high today, don’t forget about Bitcoin – the so-called “digital gold,” ...
Fawad Razaqzada 27/07/2020
Precious metals have shone brightly once again, with gold hitting a new all-time high with a gain of 2%; silver adding almost 6% and platinum also squeezing higher.
Here is our week ahead preview for the week commencing 27 July 2020.
Fawad Razaqzada 24/07/2020