Articles

Attention on Stimulus Packages: EUR vs USD
July 24, 2020

By Deepta Bolaky  @DeeptaGOMarkets After two challenging quarters driven by the coronavirus crisis, investors were gearing up for a recovery for the second half of the year. Governments and central banks have absorbed nearly all the shocks of the virus on the financial markets by injecting massive liquidity in the economy, keeping credit flowing ...

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Tesla and Microsoft Corporate Earnings Results
July 23, 2020

By Deepta Bolaky  @DeeptaGOMarkets Microsoft and Tesla, the two leaders in their respective industries reported their quarterly earnings results on Wednesday after the market closed. Both tech companies reported earnings exceeding expectations but the reaction in the after-hours trading was different altogether. Tesla Inc (TSLA) Tesla, the electr...

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Earnings: Banks Reported More Provisions for Bad Debts, Netflix Q3 Subscribers Outlook
July 17, 2020

By Deepta Bolaky  @DeeptaGOMarkets Given the uncertain environment, investors are currently bracing themselves for a gloomy earnings season. The earnings season kicked off with big banks like JP Morgan Chase, Citigroup, Wells Fargo, Goldman Sachs, Bank of America, Morgan Stanley, and tech stock like Netflix. Monday PepsiCo, Inc (PEP) PepsiCo pro...

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Coming Up This Week: Big Banks and Netflix
July 13, 2020

By Deepta Bolaky  @DeeptaGOMarkets The earnings season will kickstart with big banks like JP Morgan Chase, Citigroup, Wells Fargo, Goldman Sachs, Bank of America, Morgan Stanley, and tech stock like Netflix. Investors are probably bracing themselves for a gloomy earnings season. It is unlikely that companies will be able to provide guidance for t...

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Melbourne Lockdown: Local Investors Mull Worsening Economic Outlook
July 8, 2020

By Deepta Bolaky  @DeeptaGOMarkets Following the highest number of coronavirus cases in a single day, the Premier of Victoria, Daniel Andrews reinstated “Stay at Home” restrictions across metropolitan Melbourne and Mitchell Shire from 11:59 pm on Wednesday 8 July. The Treasurer warned that the cost of locking down Victoria could be up to $1 b...

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Quarter 3 Outlook: Coronavirus Resurgence May Threaten Recovery
June 30, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Great Lockdown and Grand Reopening The Great Lockdown in the first quarter followed by the Grand Reopening in the second quarter took the financial markets on a wild swing. Given the unprecedented nature of the various forms of lockdowns, global equities have plunged to bear levels in a very fast manner. Mass...

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A Cautious Fed
June 11, 2020

By Deepta Bolaky  @DeeptaGOMarkets A Cautious Fed FOMC Meeting Investors were eagerly looking forward to the Fed’s statement and forecasts for clues on how the Fed is viewing the health of the economy after easing lockdown measures. Global central banks have played a crucial part in absorbing the pandemic-induced shocks in the global economy. T...

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Eyes on the Fed and the Dot Plots
June 10, 2020

By Deepta Bolaky  @DeeptaGOMarkets Global central banks have been a crucial part in providing aid and support to the global economy during the coronavirus pandemic. Faced with an unprecedented crisis, central bankers have rapidly deployed various monetary tools to keep credit flowing and support businesses and households. Given that interest rate...

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Forex This Week: What to Expect
June 1, 2020

By Deepta Bolaky  @DeeptaGOMarkets In the month of May, major currencies were stronger against the US dollar as risk sentiment improved and haven currencies like the US dollar, the Yen and Swiss franc have lost momentum. Commodity-linked currencies were among the best performers against the US dollar; lifted by higher commodity prices. Source: ...

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The Reopening Experiment and Geopolitical Risks
May 29, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Grand Reopening Given the unprecedented nature of the Great Lockdown, the gradual reopening of economies are now being viewed as an experiment. World leaders are faced with tough decisions trying to manage unparalleled health and economic crisis and the differences of opinions over how, when and which busine...

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EURUSD: EU Recovery Plan and EU’s Frugal Four
May 26, 2020

By Deepta Bolaky  @DeeptaGOMarket EU Recovery Fund After a standoff between the EU and Germany, following a critical ruling on ECB’s quantitative easing program by Germany’s constitutional court, the gradual reopening of economies of member states within the Eurozone has brought some optimism. The downside risks for the Eurozone and its shar...

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ASX200 Trading Lower; Panic–Buying Drives Record Surge in Retail
May 6, 2020

By Deepta Bolaky  @DeeptaGOMarket The Australian share market struggled to edge higher despite overnight gains on Wall Street. The S&P/ASX200 dropped on the open after a two-day advance as all three US equity benchmarks had pared gains in the final hours of trading dragged by dovish Fed comments. In the afternoon, the index was down 37 point...

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Tyson Foods & Skyworks Earnings Reports
May 5, 2020

By Deepta Bolaky  @DeeptaGOMarket Tyson Foods & Skyworks Earnings Reports Tyson Foods and Skyworks are among the two major earnings results released on Monday. The meat processor reported its quarterly results before the open while Skyworks Solutions issued its reports after market close.  Tyson Foods, Inc. (NYSE: TSN) Tyson Foods is one of t...

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US Earnings Reports to Watch This Week
May 4, 2020

By Deepta Bolaky  @DeeptaGOMarkets During the week, several leading companies within the Media, Entertainment and Food industry are expected to release their quarterly earnings together with their guidance on navigating a pandemic-induced business environment. Monday Tyson Foods Tyson Foods, Inc. (NYSE: TSN) is one of the largest processors and m...

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Apple Inc. and Amazon.com, Inc
May 1, 2020

By Deepta Bolaky  @DeeptaGOMarket Apple Inc. and Amazon.com, Inc The last two of the five most prominent technology companies, Apple Inc. (AAPL) and Amazon (AMZN), which form part of the FAANG group, have reported interesting quarterly earnings and highlighted their actions during this unprecedented uncertainty. Apple Inc. The company missed on ...

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