Asian equities see rotation trade profit-taking
The overnight session in New York saw a sense of calm return after the feeding frenzy of the day before. The technology work from home sectors remained...
Pfizer (NYSE:PFE) sends equities sharply higher.
Financial markets danced the time warp back to the future overnight, as Pfizer and BioNTech announced that the preliminary results of their COVID-19...
Asian equities take their cue from higher US markets
Asian equity markets are set for a healthy day today after the great rotation trade sweep European and American stock markets overnight. Nowhere...
Biden win boosts equity markets
Equity markets are on fire today following the US elections being called for Joe Biden. Mr Biden is perceived as being more friendly for trade, and with the...
US dollar retreats as regular service resumes
The US dollar index finished just 0.12% lower at 93.44 yesterday, but that belied the volatile nature of election day trading. The G-10 currencies traded...
US equity markets jump, Asia also higher
The blue wave buy everything trade’s momentum continued overnight. Following a strong showing by Asia yesterday, European and American markets piled into...
Oil stages an impressive rally
The tail-chasing noise was there for all to see overnight, reaching eardrum splitting decibels. The robust US Manufacturing PMI triggered a squeeze of recent short...
US Manufacturing PMI sends US and Asia markets higher
The impressive outperformance by the US Manufacturing PMI overnight, rising to 59.3, lifted pre-election spirits on Wall Street. The data was all...
The answer is almost! The most divisive election in Western democratic history commences today as those Americans who haven’t voted head to the polls. Results will start flowing in through the...
Profit-taking on oil sets in on US employment nerves
With oil’s upward momentum stalling after both contracts broke monthly resistance this week, it wouldn’t have taken a lot for investors to decide...