Articles

Electric Car Stocks on the Move
January 13, 2021

By Klavs Valters  @klavsvalters 2020 was a good year for electric car space. We have seen shares of most electric car makers surge considerably and take steps to take the industry to the next level, most notably Tesla and NIO. Top 5 automakers by market cap* Tesla at $790.53 billion Toyota at $209.83 billion NIO at $97.21 billion BYD at...

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Crude Oil – Saudi Production Cuts Spark Rally
January 12, 2021

USOIL- Hourly USOIL- It's been an impressive start to the year for Crude Oil prices so far, with prices steadily rising to over $50 per barrel and returning to pre-pandemic levels. It would seem many underestimated such a speedy recovery. Still, with the general uptick in global commodity prices and a pledge from Saudi Arabia to cut production ...

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Preview: Non-Farm Payroll Announcement
January 7, 2021

By Klavs Valters  @klavsvalters It’s a new month and a new year – which means the latest Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London time on Friday. It has been a turbulent week in the United States with a riot causing havoc in Washington ...

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EURUSD – Goldman’s 1.28 Estimate Matches P&F Analysis
January 7, 2021

EURUSD- Point & Figure EURUSD- The overall weakness of the US Dollar continues to dominate much of the FX markets at this stage. Despite a slight uptick in USDJPY this afternoon, the longer-term picture is starting to suggest more of the same, particularly against a much stronger Euro. In September, Goldman Sachs mentioned a 12-month price ...

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COTD: PFE – A Booster Shot For Pfizer Shares?
January 5, 2021

Pfizer (PFE)- Daily PFIZER - Before Christmas, the pharmaceutical giant Pfizer drew much speculation in the market once it became the first company to develop an approved Covid-19 vaccination. We see this reflected in the bullish activity leading up to December. Now that additional vaccines are available elsewhere, it seems to have had a detrime...

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The pandemic year: investors navigating the new normal
December 22, 2020

By Deepta Bolaky  @DeeptaGOMarkets 2020 has brought a rapid and unpredicted change. The new decade started with talks about climate change, the shifting trading landscape and trade frictions, Brexit, and the rise of political populism but the dynamics quickly changed to an unparalleled and unprecedented health crisis that rattled the markets thro...

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EURJPY – Unearthing A Potential 2015 Target
December 15, 2020

EURJPY - Point & Figure EURJPY - At the start of the month, we witnessed a sizeable shift in sentiment towards the Euro, hiking up demand and resulting in a strong bullish rally. Since then, price action has behaved mostly sideways, but there are signs of bullish activity stemming from this initial move. In today's Chart of The Day, we're lo...

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CSL stops phase 2/3 COVID-19 vaccine trials: Australian Govt cancels order
December 11, 2020

By Deepta Bolaky  @DeeptaGOMarkets CSL, a leading global biotech company headquartered in Melbourne announced its update on its COVID-19 vaccine developed in collaboration with the University of Queensland. The Company revealed while the Phase 1 trial “elicits a robust response” towards the virus and “has a strong safety profile”, the mol...

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Landing soon – Airbnb IPO
December 10, 2020

By Klavs Valters  @klavsvalters Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate. Uber, Facebook, and Alibaba have all gone public, bu...

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Consumer confidence at 10-year high
December 9, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Westpac-Melbourne Institute Index of Consumer Sentiment is lifted by 4.1% to 112 in December, reaching the highest level since 2010. The consumer confidence index hits a 10-year high indicating that sentiment has fully improved from the COVID recession. The highlights of the index are mainly centralized ar...

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OPEC and allies reach a compromise
December 4, 2020

By Deepta Bolaky  @DeeptaGOMarkets The oil industry has remained pressurized by a supply glut and the ongoing uncertainty on the demand outlook with respect to the structural changes in the energy market and the pandemic. The recent vaccine updates and hopes that the pandemic may soon be under control, is providing support to a fundamentally batte...

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Preview: Non-Farm Payroll Announcement
December 3, 2020

By Klavs Valters  @klavsvalters It’s a new month - which means the latest Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London time on Friday. Why is the announcement important? Non-Farm Payroll is one of the most closely watched indicators. It is ...

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Australian economy bounces back from recession
December 2, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Australian economy experienced its first recession in almost three decades having contracted for two consecutive quarters. Back in June, the economy slumped by 7% and encountered the worst fall on record. As other global economies, Australia was heavily impacted by an unprecedented raging pandemic. The fall i...

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November: US Election mayhem, second wave of lockdowns, and promising vaccine updates
November 27, 2020

By Deepta Bolaky  @DeeptaGOMarkets An election-driven month With just a few days to month's end, the dynamics driving markets have changed compared to a few weeks ago. Risk sentiment was sliding under the influence of politics, mostly by the uncertainty around the US Presidential Election. More recently investors have breathed a sigh of relief on ...

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Year to Date: ASX200 Back in Positive Territory
November 25, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Australian share market erased 2020 losses today following a strong performance on Wall Street on Tuesday which caused the blue-chip gauge to top 30,000 for the first time. Amid a series of recent positive vaccine updates, the US share market was buoyed by hopes that there is a less chance of a contested elec...

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