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Jacob Leung

Graduated from The Hong Kong Polytechnic University with Business Studies, Mr. LEUNG Kai Chun, Jacob, has over 10 years of trading experience in Forex. As a specialist in Precious Metals and Forex, Jacob always captures the market sentiment with precise insight. In 2013, he was titled as the Precious Metal Trades Í CAPITAL WEEKLY winner with a 438% investment return and be rewarded again in 2015. His accurate investment strategy has made his name. Today, Jacob has participated in over 100 seminars and often contributes to various mass media, being popular among Hong Kong and China. Jacob currently serves as the Chief Strategy Officer (CSO) of Zeal Capital Market (ZFX), being responsible for the Company’s investment strategic analysis. Displaying an attitude with confidence, he shared with us his vision under the outbreak of COVID-19 and provided solutions for any unforeseeable challenges.

Sentiment improved as Fed indicated low threat of inflation

Sentiment improved as Fed indicated low threat of inflation

The dollar index dropped back to around 90 level as the Fed released its dovish signal. The greenback made a new low against those riskier currencies, like the Aussie, Sterling, Loonie and Kiwi. As Powell reiterated on Wednesday that the Fed would not adjust the easing policy until the US economy has clearly improved, the greenback turned weaker. While the safe-haven dollar slipped, sensitive sentiment changed to “risk-on” again. View more

Concerns of the rising bond yields! Cautious sentiment arises

Concerns of the rising bond yields! Cautious sentiment arises

The benchmark 10-year Treasury yield jumped to 1.39% above, another new high since Feb 2020. ZFX analyst Jacob Leung said that, again it would be a “warning”. High yields in long terms mean less “easy borrowing” and of course, it will attract the market money back to the bond markets from equities. View more

Bitcoin’s “Bull”! A new all-time high again

Bitcoin’s “Bull”! A new all-time high again

Bitcoin hit a fresh record high above $52000 level on Wednesday. This valuable cryptocurrency is now still trading at $52000 level above in Asian session on Thursday despite the rebound of the greenback, while some analysts start to warn that the surge might be unsustainable, and the major investment banks also appear to be warning about bitcoin’s volatility. View more

Dollar bounced! Investor are keeping eyes on inflation risk

Dollar bounced! Investor are keeping eyes on inflation risk

The overall European stock markets were in red in early trading session. Global investors are still closely watching the latest moves in the Treasury yields after digesting all the market news and analysis. Analysts believe that the positive expectations in the market would drive “money” into the equities from the low-rate bonds. However, some are on the other hand struggling that the higher yields could prompt investors back to the bond markets, sparking selloff pressure of stocks. View more

Speculation? WSB beat hedge funds in GME battle

Speculation? WSB beat hedge funds in GME battle

The retail investors success is now continuing to draw the attentions in the stock market. Although it is not clear how long this hot wave of WSB can last, the forum is bound to continue to select new targets in the future, so-called WSB concept. This week, silver price gapped up in the opening session and has touched $30 per ounce after WSB calling. View more

Euro selloff supported safe-haven dollar amid positive sentiment

Euro selloff supported safe-haven dollar amid positive sentiment

Despite a bounce-back session, dollar maintains at a relative high level, that dollar index is hovering near a seven-week high on Tuesday. This safe-haven is benefited from a euro selloff overnight. One of the reasons is that lockdowns over those European countries are proved to hurt the economy, showing in the Germany retailing figures of Dec. View more

Risk aversion? Stock markets were wiped out gains | ZFX Daily News

Risk aversion? Stock markets were wiped out gains

Shares in Asia-Pacific were nearly all bearish on Thursday, following the risk-off sentiment overnight on Wall Street. All three major indexes of Wall Street dropped sharply on Wednesday, all over 2% loss. The Fed left its benchmark interest rate near zero and kept other policies unchanged, as widely expected, but traders felt like a bit negative towards about it. Some analysts believe that investors actually expected “more” from Fed and now the overall optimism in the market is faded out. View more

Typical ranging?  Market sentiment is still cautious bullish

Typical ranging?  Market sentiment is still cautious bullish

On Monday, stock markets in Asia-Pacific, especially HK HSI, were higher as the market sentiment is still positive towards President Joe Biden’s $1.9 trillion stimulus packages. However, European stocks are trading mixed as the counterparts in the US are just moving slightly, reflecting cautious views over the markets. View more

Positive sentiment maintains amid new US administration transition

Positive sentiment maintains amid new US administration transition

Overnight, all three major indexes of Wall Street were up, of which the Dow rose to a new closing high, the S&P 500 gained around 1.4%, and the Nasdaq jumped almost 2%. Shares in Asian markets generally closed up on Thursday, following the Wall Street record highs overnight. The European Stocks also climbed a bit in early trading session, reflecting bullish outlook of those investment markets. View more

Jacob Leung, Author at Zeal Capital Market

ZFX: Markets open mixed amid the US holiday

Investors expected that the new US government may consider to raise tax to solve part of the budget deficit due to such massive fiscal support, that on the other hand may weaken the recovery of the US economy and the effectiveness of the current monetary policies. ZFX analyst Jacob Leung said that it would be a “trade-off”. If Biden’s tax policy is implemented, the dollar’s outlook will be a bit different. And in turn, the whole market sentiment may not be that bullish. View more