header background

LMAX Group blog - FX industry thought leadership

header background

Daily Reports

Next 24 hours: A dose of Fed speak and corporate earnings

Today’s report: Investors feeling good about China trade data

We’re getting back into fuller trade as many traders return from holiday. Risk assets have been feeling better into Tuesday, with an impressive China trade report helping things along. There is no first tier data on the docket for the remainder of the day and the focus will be on Fed speak and US corporate earnings.   read report

download report

Wake-up call

Risk off flow in light holiday trade

Today’s report: Risk off flow in light holiday trade

Trading won’t get back to fuller conditions until Tuesday, when the bulk of market participants return from the Easter break. As the week gets going, there has been a fresh wave of risk off flow, with investors back to worrying about the massive fallout to the global economy from the coronavirus.   read report

download report

Wake-up call

Is it all just smoke and mirrors?

Today’s report: Is it all just smoke and mirrors?

We’re into holiday trade as the week closes out, and we would caution against reading too much into whatever price action we see between now and end of day. Overall, risk sentiment has been looking up in a big way, with US equities up over 10% since the weekly open, as reflected through the S&P 500.   read report

download report

Wake-up call

Still not over that hump

Next 24 hours: Optimism is a hard sell these days

Today’s report: Still not over that hump

We’re running towards end of week holiday trade and the market will be looking for some sense of stability heading into the break. We have seen some encouraging signs with respect to the coronavirus outlook, though at the same time, it doesn’t appear as though we are over the hump just yet.   read report

download report

Wake-up call

Proceed with caution

Next 24 hours: Things are looking up....for now

Today’s report: Proceed with caution

Risk assets are feeling good into Tuesday as investors continue to feel better about encouraging updates around the coronavirus. This has also resulted in broad based selling of the US Dollar, as market participants reduce flight to quality exposure in the Buck. Still, we recommend proceeding with caution.   read report

download report

Wake-up call

Next 24 hours: Trading will thin out this week

Today’s report: Some good news from the coronavirus front

Risk sentiment has been propped up into the new week, as optimism around the coronavirus outlook ticks up. The global death toll rate from the virus dropped yesterday in New York, Italy, France, and Spain, which has been encouraging. This sentiment was also backed up by the US administration.   read report

download report

Wake-up call

Today’s report: Don't expect much reaction to today's US jobs report

Investor sentiment remains weighed down overall into the end of the week, as coronavirus fallout continues to cripple global markets. Thursday’s shocking jump in US initial jobless claims to a gargantuan record print of 6.6 million, is only making the reality of the impact of the pandemic that much intense.   read report

download report

Wake-up call

Extended lockdowns unsettle markets

Special report: About US jobless claims and OIL

Today’s report: Extended lockdowns unsettle markets

Into Thursday, coronavirus fallout continues to paint an ugly picture for the global economy. A distressing outbreak in the US, higher death tolls in France and Spain, extended lockdowns in Italy and Germany, and reports China concealed the extent of the outbreak are all contributing to the sour mood.   read report

download report

Wake-up call

Gloomy start to the second quarter

Next 24 hours: Sour tone to start Q2

Today’s report: Gloomy start to the second quarter

We’re into the second quarter of 2020 and as we get going, things have soured. We had seen a wave of risk on price action in the days leading up to the end of Q1, but worry associated with coronavirus fallout continues to weigh heavily on investor sentiment.   read report

download report

Wake-up call

Light at the end of the Q1 tunnel?

Next 24 hours: Any hope for OIL?

Today’s report: Light at the end of the Q1 tunnel?

There’s plenty of concern about coronavirus fallout in the months ahead and the impact on the global economy. But as we get set to close out Q1, the market is feeling a little better. There’s no doubt that the market is feeling better about the barrage of global stimulus in March, but it's hopes of the coronavirus peaking that's really helping.   read report

download report

Wake-up call

Any opinions, news, research, analyses, prices or other information ("information") contained on this Blog, constitutes marketing communication and it has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Further, the information contained within this Blog does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of, or solicitation for, a transaction in any financial instrument. LMAX Group has not verified the accuracy or basis-in-fact of any claim or statement made by any third parties as comments for every Blog entry.

LMAX Group will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. No representation or warranty is given as to the accuracy or completeness of the above information. While the produced information was obtained from sources deemed to be reliable, LMAX Group does not provide any guarantees about the reliability of such sources. Consequently any person acting on it does so entirely at his or her own risk. It is not a place to slander, use unacceptable language or to promote LMAX Group or any other FX and CFD provider and any such postings, excessive or unjust comments and attacks will not be allowed and will be removed from the site immediately.

Sign up for Global FX Insights, the daily market commentary from LMAX Group

Your information will not be distributed or shared with third parties