By Hussein Sayed, Chief Market Strategist at FXTM “Coronavirus deaths topped 500,000 worldwide”, was the first headline to grab investors’ attention Monday morning. The mission is unaccomplished and the virus is still
By Han Tan, Market Analyst at FXTM US stock markets could see a massive spike in trading volume on Friday, as the Russell indexes reconstitution takes place. The once-a-year process involves adjusting
By Hussein Sayed, Chief Market Strategist at FXTM One of the biggest lessons learnt over the past three months is to respect the trend. Whether you believe the economy will go through
By Hussein Sayed, Chief Market Strategist at FXTM After declining 5.4% from the peak reached on May 18, gold is again flirting with the key resistance level and recent multi-year high of
By Han Tan, Market Analyst at FXTM Heightened volatility has been a staple of US equities since the end of February, with the VIX volatility index staying stubbornly above its long-term average
By Hussein Sayed, Chief Market Strategist at FXTM Risk assets are being sold off sharply early Monday following last week’s return of volatility. After dropping below 24 in the first week of
By Han Tan, Market Analyst at FXTM Asian stocks on Friday extended the previous day’s declines, following the latest rout on Wall Street. The Dow Jones index saw prices sandwiched between its
By Hussein Sayed, Chief Market Strategist at FXTM For the past several weeks, we have been arguing that the performance of risk assets are in total disconnect with economic and corporate fundamentals.
By Hussein Sayed, Chief Market Strategist at FXTM Investor sentiment kicked off the week on a positive note, with equities in Asia resuming last week’s rally, the US dollar remaining soft against
By Han Tan, Market Analyst at FXTM The Dollar index (DXY) has broken below the 97 psychological level for the first time since March and is set to wrap up three consecutive
