Fundamental Analysis

The US didn’t start taking stringent measures against the pandemic till around mid-March. The rest of the world, on the other hand, had been sounding the alarms for weeks.  The true impact of the virus on job numbers will appear in… Read More

Tomorrow is NFP day. And, given the changes in the labor market recently, it's likely to get all of the attention. But even with headlines and market volatility around that, we shouldn't neglect the PMI data that comes out an hour and a… Read More

Tomorrow, we will be getting retail sales data from Australia and the EU. The figures will likely point to an increase in consumer spending. This is as a result of the general public stocking up on food and other basic necessities in… Read More

Crude Inventories Rise Again Crude prices have been under pressure again this week. The latest report from the Energy Information Administration revealed a further rise in US crude inventories. The EIA reported that in the week ending… Read More

In the US, the coronavirus death toll continues to rise. This week, the US reported the number of coronavirus infections rising above 163,000 with over 3,000 reported deaths. On Monday, the death toll surged by 540 cases, marking the… Read More

UK Under Pressure In the latest development to highlight the severity of the economic damage being caused by the ongoing coronavirus outbreak, rating agency Fitch has downgraded the UK’s credit rating from AA to AA-. This is the… Read More

Last Week’s Highlights - US government unleashes $2 trillion package to deal with COVID-19 The Trump administration on Friday signed a $2 trillion relief bill to deal with the economic devastation caused by the pandemic. This is the… Read More