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KEY POINTS The Federal Reserve said last week it would start buying individual corporate bonds in addition to ETFs. Such intervention has boosted markets but also is stoking fears that risk appetite is getting carried away. Companies have issued record-setting amounts of debt during the coronavirus

It was hard to ignore the surge in oil prices during the European session on Friday.  With supply and demand trends seemingly moving in positive directions, traders boarded the rally bus en masse. Mind you, the speed of movement and the ease with which the market sliced through WTI $40 was a bit of

The global risk markets are generally mixed today. While major European indices are trading slightly in red, US futures point to a higher open. Yen and Dollar remain the weakest ones for today so far, followed by Swiss Franc. New Zealand and Australian Dollar are the strongest ones. But major pairs

DAILY MARKET OUTLOOK on Major Update Time: 23 June 2020 03:30GMT EUR/USD - 1.1269 Despite yesterday's initial re-test of last Fri's 2-1/2 week low of 1.1269 (AUS), subsequent rally to 1.1269 in New York due to broad-based usd's weakness suggests recent erratic fall from June's 3-month peak at 1.142

(Bloomberg) -- Asian financial markets were roiled for a time Tuesday morning after comments by a senior White House official that had quickly revived concerns about U.S.-China tensions. Peter Navarro, who has advised President Donald Trump on trade matters, had been quoted saying the Sino-American

USD/CAD fails to keep the pullback from 1.3500 mark. A one-week-old falling trend line adds to the upside barriers. Key Fibonacci retracement levels restrict immediate declines, MACD teases the bulls. USD/CAD retraces the latest moves while taking rounds to 1.3530, up 0.06% on a day, during the ear

In his latest client note, Credit Suisse’s Chief US Equity Strategist, Jonathan Golub, revised up its year-end S&P 500 index target from 2700 to 3200, which is just over the US benchmark’s current level. This suggests that the 2020 rally in the index is almost over.   Key quotes (via Barron)   “

Business sentiment survey results from Germany and France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases unemployment data for April. The jobless rate is expected to rise to 3.8 percent in April. At 2.45 am ET, France's statisti

European stocks look set to open higher on Tuesday after U.S. President Donald Trump said that the U.S.-China trade deal is intact, easing doubts sparked by comments from Trump aide Peter Navarro that the trade deal signed in January was over. Peter Navarro, director of trade and manufacturing polic