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Silver, which is also an industrial material, could experience relatively higher demand compared with gold as the world economy recovers from the pandemic.
Fawad Razaqzada 17/07/2020
European stocks recovered from their lows in the afternoon after initially falling this morning as mixed Chinese data overnight encouraged some profit-taking, although Wall Street shares were s...
Fawad Razaqzada 16/07/2020
So far in 2020, central banks have been very active as they responded to the pandemic with emergency measures. However, today’s meeting of the European Central Bank is likely to be a damp...
Investor concerns about the OPEC+ relaxing their record supply cuts have been offset by signs of falling US oil inventories and hopes over a sharper recovery in demand.
Fawad Razaqzada 15/07/2020
Investors are hopeful that we are getting closer and closer to finding effective treatments for coronavirus and an end to the pandemic, which could then clear the way for a big rebound in econo...
Weak macro pointers from the UK and Eurozone added to concerns over the rollback of reopening measures in the US, raising serious question marks over a swift global recovery.
Fawad Razaqzada 14/07/2020
Investor sentiment has been improving over the past several weeks and so far, there are no signs to suggest that has changed. Indeed, just like the previous several Mondays, global equity marke...
Fawad Razaqzada 13/07/2020
Here is our week ahead preview for the week commencing 13 July 2020.
Fawad Razaqzada 10/07/2020
The USD/CAD is the currency pair to watch as we transition to the North American session with high-impct Canadain jobs data likely to determine the short-term direction for this pair...
Stocks have slumped after Wall Street opened, with the S&P hitting its lowest level on the week, down 1.1% when I started writing this report, while the Dow was off by more than 400 points....
Fawad Razaqzada 09/07/2020