Market news and trade ideas on June 19
Risk-averse weakened and riskier assets climbed up. Lets have a closer look.
Fundamental factors
The Bank of England cut its bond-buying program by about a half. Investors...
What drives the market on June 17?
The market sentiment is mixed today. How to trade in such an uncertain environment?
Fundamental factors
The Feds chairman Jerome Powell reported yesterday: until the publi...
Will the GBP get stronger on BOE’s policy?
BOE releases the monetary policy meeting minutes on Thursday at 14:00 MT time.
Instruments to trade: EUR/GBP, GBP/USD, GBP/JPY, GBP/CHF
The last meeting of the Bank of Englan...
Risk appetite is back. How to trade on June 16?
Fundamental factors
The main driver of the day is the additional stimulus from Trump. He claimed yesterday that the US administration would pour 1 trillion dollars in infrast...
One stock to buy right now
Analysts have many different opinions on what stocks are better to buy now, but they agree on one. This is Amazon! Lets see what makes it so attractive for investors.
Be ready for the next market fall
All of us have the fear to loose money. And, when the market crash happens, most of us keep it to ourselves. However, its not the best approach as we just sit and loose the potential profit we would have, if we were a little bit braver. So, lets learn what every trader should do, when the market falls again.
Disney stock: follow this dark horse!
Time to make your inner child extremely happy as Disney announced its plans on reopening the Disney World and Disneyland theme parks on July 11 and July 17. Of course, for us it me...
Fed’s Powell will report to Congress
Federal Reserve Chair Jerome Powell on June 16 at 17:00 MT time begins the first of two days of testimony. It is a really important event for traders as the prospect for the economic recovery will volatile markets.
Will the Canadian monthly CPI boost the CAD?
Canadian monthly CPI is announced on Wednesday at 15:30 MT time.
Instruments to trade: USD/CAD, NZD/CAD, GBP/CAD, CAD/JPY
Aprils CPI in Canada plunged to -0.2% in April after...
JPMorgan’s prospect for V-shaped global recovery
Morgan Stanley analytics forecast the economy will return to pre-crisis levels by the fourth quarter. Heres why.
What is V-shape recovery?
Economies can recover from recessio...
Market drivers on June 15
Risk-averse still prevails on the market. Safe-haven assets are in favor, while risk-off ones are left aside. Great opportunities to make profit!
EUR/USD
Lets start with the ...
Will the recovering US retail sales boost the USD?
The US retails sales are announced on Tuesday at 15:30 MT time.
Instruments to trade: EUR/USD; USD/JPY; GBP/USD; USD/CAD
April was a disastrous month for the US sales which s...