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Daily Reports

Next 24 hours: Looking for directional cues from the US session

Today’s report: Why things have taken a turn for the worse

There have been three stories weighing on sentiment into Thursday. Those stories are coronavirus outlook worry, US-China trade tension, and the latest IMF downgrade the global growth outlook. We also propose another possible source of the risk off flow.   read report

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Wake-up call

Cautious and upbeat at the same time

Next 24 hours: Risk appetite taking a hit on Wednesday

Today’s report: Cautious and upbeat at the same time

The market is still trying to figure out whether a resurgence in coronavirus cases is something it needs to be worrying about. Overall, it seems as though investors are taking the news in stride, given that there appears to be no systemic risk associated with the uptick.   read report

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Wake-up call

Next 24 hours: All is well again after early Tuesday hiccup

Today’s report: Peter Navarro gives the market a short-lived scare

The big story into Tuesday is around the intraday whipsaw volatility caused by US trading advisor Peter Navarro, who caused stocks to plummet on comments the US-China trade deal was off, before this was quickly denied.   read report

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Wake-up call

Next 24 hours: What investors are focused on as the week gets going

Today’s report: Direction contingent on coronavirus outlook

Markets kicked off Monday trade with a round of risk reduction, mostly on the back of ongoing concerns about the coronavirus recovery, but were able to find some demand into the dip, as reported cases out of China were reduced.   read report

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Wake-up call

Special report: Previewing the Bank of England policy decision

Today’s report: Investors still trying to figure out that next move

The market is still trying to figure it all out into Thursday, though the tone has been leaning to the risk off side. It’s unclear what exactly is behind the move, with some attributing it to second wave coronavirus fears, some looking at the more downbeat Fed outlook, and others citing geopolitical tension.   read report

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Wake-up call

Next 24 hours: Trying to figure out the market's next move

Today’s report: Should we be concerned stocks aren't trading a lot higher?

We come into Wednesday with markets treading cautiously. Remember, the market had come under pressure in response to last week’s Fed decision and on worry about second wave corona, before finding its footing on the one two punch of Fed corporate bond buying and the US government announcing a USD1 trillion infrastructure spending plan.   read report

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Wake-up call

Next 24 hours: Can investors keep the momentum going?

Today’s report: US extends efforts to stimulate economy

The Bank of Japan left rates on hold as widely expected, while producing a more dovish tone, and the RBA Minutes were out, also delivering mostly as expected. But all of this has been overshadowed by the latest efforts out of the US to stimulate the economy.   read report

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Wake-up call

Risk off run keeps on

Next 24 hours: Is 'buy the dip' still a thing?

Today’s report: Risk off run keeps on

There has been an intensification of liquidation in global equities, as the new week gets going. This has been accompanied by more flight to quality demand for the US Dollar, with other safe haven correlated currencies like the Yen and Swiss Franc also outperforming.   read report

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Wake-up call

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