StockWatch: Hilton Frustrated as Pandemic Lingers

Hilton​ Worldwide posted Q1​ results below estimates, blaming tighter travel curbs in parts of Europe​ and Asia​ which are hurting bookings. Analysts expect hotels to rebound strongly in the second half of 2021​ but remain reserved about how quickly demand would pick up for business […]

UK Q1 GDP: Best Performer of Covid Recovery?

The markets were quite shocked with the results of NFP on Friday. But as we suggested as early as last Tuesday, there was reason to expect disappointment. This has led some analysts to start to revise their outlook for growth in the US. And we […]

USOIL Ending Diagonal To Complete Cycle Impulse

USOIL is forming a major impulse of a cycle degree, which has recently completed the horizontal correction IV. Correction IV took the pattern of a contracting Ⓐ-Ⓑ-Ⓒ-Ⓓ-Ⓔ triangle of the primary degree. Then the price started to rise in a cycle wave V. It seems […]

The Markets in Waves: DXY​​​, EURUSD​​​​, GBPUSD​​​​, USOIL​​​​ & GOLD​​!

In today’s video, our Head of Investment Research Stavros Tousios dives into the top opportunities the markets have in store for us. Asset TimeStamps are as follows: DXY 01:10​​ EURUSD 03:25​​​​​​​​​​ GBPUSD 07:00​ USOIL 09:05​​​ GOLD 12:00​​​​​​​​​​​ Join our responsible trading community – Open your […]

Intraday Market Analysis – DAX Aims for New Record High

GER 30 tests previous record high The DAX has recouped recent losses as risk sentiment made its way back in the market. By clearing the previous crash point at 15270 the price action has confirmed the bullish MA cross. The index then established support at […]

Events to Look Out for Next Week

Retail Sales (AUD, GMT 01:30) – Following the unexpected bounce in the preliminary release, the final March retail sales is expected to hold at 1.4% m/m. Tuesday – 11 May 2021 Consumer Price Index (CNY, GMT 01:30) – The Chinese CPI for April is forecasted […]

NFP – Live Analysis

For today’s key NonFarm Payroll data release, 980,000 remains consensus. Weekly unemployment claims yesterday finally broke below the 500,000 level for a post pandemic low but the private ADP payrolls on Wednesday missed expectations of 872,000 to register 724,000 new jobs for April. Will NFP […]

Greenback and Loonie on backfoot ahead of Labour data

The April nonfarm payroll estimates vary from 850k to 978k, though market estimates are skewed to the high side of the forecasts likely due to big declines in initial claims through the month, and big increases in both consumer confidence and producer sentiment. Yet, that […]

StockWatch: IBM’s Chip Breakthrough

IBM​ said it has made a significant breakthrough in its computer​ processors​ by creating a 2-nanometre chip. The test chip can reportedly improve performance by 45% and could quadruple phone battery life. So, will there now be a chip war? As we have seen for […]

Which Commodities are Set for a Bull Run and Why?

Even a casual look at the quarterly reports that have been coming out during the latest earnings season shows that inflation is looming. Many companies report that they are seeing increasing prices from their suppliers, and are actively hedging against inflation. It’s pretty much fact […]