Aug 07,2020

US-Canada Tit-For-Tat Tariffs    Aside from the large scale stimulus aid from the government and ultra-loose monetary policy tools from the Fed to support economic recovery, President Trump took his protectionism to another level by reimposing tariffs on Canada’s aluminium products. During his speech in Ohio on Thursday, Trump said......

Aug 05,2020

Upcoming BOE Policy Meeting: What To Expect?    The Bank Of England (BOE) will hold its policy meeting on Thursday, releasing the latest monetary policy summary and interest rate decision. However, interest rate is widely expected to remain at 0.10%, while possibilities for negative interest rates will again be put......

Aug 03,2020

Upcoming RBA Interest Rate Decision & Statement    The Reserve Bank of Australia (RBA) will be releasing its monetary policy statement and interest rate decision on Tuesday. The upcoming statement from the RBA is expected to bring impact onto the market, as Governor Philip Lowe previously mentioned in a press......

Jul 29,2020

Upcoming FOMC Meeting; What To Expect?    The Federal Reserve (Fed) will hold its FOMC meeting on late Wednesday to release its policy statement and interest rate decision followed by a press conference half an hour later. As the interest rate is widely expected to remain the same at 0.00%......

Jul 23,2020

Gold Rocketing Towards $1,900    The precious metal gained more than $20 to $1,840 on Wednesday, before continuing its rocket ride towards the $1,860 handle during Thursday’s early Asian trading session. Yesterday’s surge in gold price comes amid the EU’s recovery stimulus agreement, which also sent the euro to its......

Jul 21,2020

EU’s Recovery Fund & RBA’s Rate Cut; DXY Loss?    The 27 members of the European Union (EU) reached consensus on the COVID-19 Recovery Fund worth €750B during late Tuesday Asian trading session. The bloc dragged the summit meeting started over the weekend and finally reached an agreement to support......