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Global Stocks To Post Third Weekly Loss?

Risk aversion has been dominating recently on back of concerns of a global slowdown and uncertainty about the outcome of the Brexit referendum just to name a few parameters. This could lead to the that the saying “sell in May and walk away” once again will prove itself to be correct. US stocks were flat […]

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EURUSD looks to turn around after six days of losses

Markets continued yesterday with broad based USD-strength and a general positive mood in the markets which followed through in Asia, despite a drop in Hang Seng. The Nikkei closed above the Ichimoku cloud, making the technical outlook changing from negative to positive and USDJPY printed May highs at 109.35 with the outlook negative. Despite an […]