@InAgentUK @InAgentUK
Research Firm in Global Macro Markets 🌎📈- Fundamental and Technical Trading for Equities, FX, Commodities, and Bonds Check out our website in our bio! inagent.co.uk Berkeley Square House, Mayfair Joined September 2019-
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Boris Johnson reassures public that a second national lockdown is the last resort with the R-rate between 1.1-1.4. Imposes 10pm curfew on pubs and encourages working from home. FTSE100 gains on the news. #investing #trading #FTSE
S&P500 touches new all-time highs as investors price in V-shaped recovery for equities. Will we see a breakout or could we see a retracement? US-China tensions are eyed after 38 Huawei affiliates are added to the US blacklist. #investing #trading #StockMarket #SP500
Indices fall as the $1 trillion US stimulus is deemed insufficient by markets and below hopes of $3 trillion. Concerns of a second wave in China and Europe also weigh. Investors eyes turn to the Fed meeting tomorrow. #investing #trading
US orders closure of China’s Houston consulate, China weighs response. US-China tensions are soaring as Trump looks to boost his election campaign. Could we see a dip in stocks ahead of the US election? Or will indices break out to all-time highs, fuelled by the tech rally?
Indices jump on hopes of COVID-19 treatment. One in three COVID-19 patients in South Korea improve with the use of Remdesivir, following Gilead's upbeat study. FDA has also granted a ‘fast-track’ status to Pfizer and BioNTech’s COVID-19 vaccine. Eyes turn to Q2 earnings.
Brokerage firms such as Peel Hunt and Jefferies encourage investors to buy #Boohoo, causing the share price to jump over 20% this morning. Moreover, wholesalers only contribute to 1.4% of Boohoo revenues. Therefore, Boohoo should recover from the loss of ASOS, Amazon, and Next.
US new cases rise by 47,000, its biggest daily spike to date. California, Arizona and Texas are seen as the epicentre of the spike. Could we see a second wave? #investing #trading #SecondPeak
UK Household Spending falls by record 2.7% for Q1. Leicester also rolls-back re-opening of shops and schools after a spike in cases. FTSE100 falls on the weak UK data and concerns of a second peak, US futures follow. #investing #markets #trading
Indices fall amid concerns of a second peak with California, Arizona, and Texas reporting record daily cases. US Dollar gains. #SecondWave #investing #StockMarket
BoE leaves the Interest Rate unchanged at 0.1% and expands QE by £100bn, in-line with market expectations. GBP/USD eyeing Macron-Boris Brexit talks in London today. #GBPUSD #investing #fx #trading
US Retail Sales (MoM) for May soar 17.7%, more than double market estimates of 8%. Indices jump on the news and US Dollar gains.
Stocks have bounced on stimulus hopes. Trump administration plans to launch $1tn stimulus for infrastructure. Federal Reserve deploys $250bn corporate bond-buying programme. Moreover, US Secretary of State to meet China’s top diplomat in Hawaii, easing US-China tensions.
Indices continue to fall as Beijing's cases surge to almost 80 after a spike in cases at a seafood market. US cases increase by 25,000 over the weekend with a spike in Texas and Florida. Concerns of a second peak are at the forefront of markets. Keep an eye on China and the US.
Concerns of a second peak have sent equities tumbling today (DOW down over 5%). The US has seen over 2 million cases after a spike in Texas, Florida, California and others. The Fed was also dovish in its meeting yesterday, anticipating close to zero rates until 2022. #markets
Tesla has just broken out to new all-time highs. This has come after Elon Musk said in a Tesla memo it will begin "volume production" of its commercial semi-truck. #Tesla #StockMarket #stockstowatch #Breakout
The S&P500 has recovered to positive for 2020, a key psychological barrier. However, indices are struggling to break higher ahead of the Fed meeting at 19:30GMT today. The Fed holds the key for a pull-back in markets, will we see dovish comments? A winding down of QE?
Oil falls after OPEC+ disappoints and Saudi kingdom to end voluntary cuts, next move? Read our full article here: inagent.co.uk/2020/06/09/oil…
EUR/USD rockets on ECB’s €600bn QE package. However, the pair has entered the overbought region on the RSI indicator. next move? Read our full article here: inagent.co.uk/2020/06/05/eur…
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