Fundamental Analysis

US-China Escalated Tensions Keep Sentiment Soft The US index closed back to the 96 lows yesterday as US-China tensions saw investors become more cautious. US researchers say that the recent COVID-19 vaccinations have proved successful.… Read More

Pfizer Gaps Higher Shares in Pfizer gapped up by almost 3% from Friday’s close at the US open yesterday. They are up another 0.54% pre-market on Tuesday as traders digest positive news regarding its vaccine development. On Monday, it… Read More

The general consensus surrounding the major central bank meetings in July is that they will stand firm on the current policy. There are important economic events happening over the next few weeks to support this view. The release of… Read More

Investors Find Safety in the US Dollar The US index rose from 96 lows on weaker equities, ending the session mixed. This came as parts of California fell back into lockdown. Tensions arose after the US rejected China’s territorial… Read More

Traders Look Past COVID Risks Apple is starting the week on a positive note. The US tech stock is trading in the green ahead of the US open on Monday. The broader risk environment remains supportive for the time being. This comes… Read More

How long central banks can keep rates low depends on whether there will be a spike in inflation. Both the Fed and the BOE have committed to keeping rates low for an extended period of time. And, there is speculation they might cut rates… Read More

Despite Antiviral Hopes, US Dollar Hangs on Headlines The optimistic Remdesivir tests provided support for the markets on Friday. However, despite that, the dollar closed last week negative and concerns around the pandemic are still… Read More

Last Week’s Highlights China’s Consumer Prices Rise at a Steady Pace The latest data from China showed a steady increase in consumer prices to 2.5% on the year in June. This was up from 2.4% in the previous month. On a month over month… Read More

European governments are spending unprecedented levels of money on COVID relief. Therefore, it's only natural to wonder: how is this going to be paid for? Germany might have the fiscal latitude to adjust its budget to address the issue.… Read More

Gold The yellow metal has seen a strong rally this week with price breaking out to fresh 2020 highs. The move comes despite equities remaining near recent highs and is primarily driven by the sell-off in the US dollar. The greenback… Read More