News & Analysis
Melbourne Lockdown: Local Investors Mull Worsening Economic Outlook
By Deepta Bolaky @DeeptaGOMarkets Following the highest number of coronavirus cases in a single day, the Premier of Victoria, Daniel Andrews reinstated “Stay at Home” restrictions across metropolitan Melbourne and Mitchell Shire from 11:59 ...
Read MoreWeek Ahead: COVID-19: Crucial Days Ahead
By Deepta Bolaky @DeeptaGOMarkets The World Health Organization reported a one-day high for global cases Saturday of 212,326. Investors will likely continue to evaluate the improving economic data, positive vaccine developments, massive fiscal ...
Read MoreOvernight on Wall Street: Thursday 02 July 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets Global stocks were mixed on Tuesday as investors digested both good and bad news. Amid the rising number of virus cases in the US, a vaccine update by Pfizer and BioNTech and a series of better-tha...
Read MoreWeekly Summary: Rising Virus Cases and Growing Fears of a Second Wave
By Deepta Bolaky @DeeptaGOMarkets Rising Virus Cases It was a week of uncertainty amid the rise of coronavirus cases in certain US states and Beijing. New Zealand has also recorded three more active COVID-19 cases days after announcing the eradi...
Read MoreOvernight on Wall Street: Thursday 18 June 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets Risk sentiment remains fragile due to the growing fears of a second wave of outbreak. The rise in the number of cases in certain US states and the rise in the emergency warning in Beijing, followed...
Read MoreA Cautious Fed
By Deepta Bolaky @DeeptaGOMarkets A Cautious Fed FOMC Meeting Investors were eagerly looking forward to the Fed’s statement and forecasts for clues on how the Fed is viewing the health of the economy after easing lockdown measures. Global ce...
Read MoreWeekly Summary: A Bloodbath in the Stock Market
By Deepta Bolaky @DeeptaGOMarkets Governments and central banks supportive policies and coronavirus updates remain the primary factors that are driving risk sentiment in the financial markets. It was a Fed-centric week while fears of a second o...
Read MoreOvernight on Wall Street: Wednesday 10 June
By Deepta Bolaky @DeeptaGOMarkets Equity Markets Following the impressive rally in the stock market over the last few weeks, investors appear to be taking a pause and booked profits ahead of the Fed’s decision. Major European bourses retreated ...
Read MoreWeekly Summary: Recovery Hopes and More Stimulus
By Deepta Bolaky @DeeptaGOMarkets The Positives Investors were broadly focused on the positives this week. Despite the deteriorating relationship between two of the world’s most powerful economies, which has the potential to turn into a new ...
Read MoreEURUSD: EU Recovery Plan and EU’s Frugal Four
By Deepta Bolaky @DeeptaGOMarket EU Recovery Fund After a standoff between the EU and Germany, following a critical ruling on ECB’s quantitative easing program by Germany’s constitutional court, the gradual reopening of economies of member ...
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