Market Outlook

For the investment market, traders are a bit positive towards such a big uncertainty, expecting the good side. The UK and the EU emphasized that the negotiations are making progress, but in fact, according to various source, the officials inside the ...View More
The economic data from the US housing were outstanding over the recent weeks, even under the doubtful recovery situation. On Thursday, it may be the main reason for “bottom fishing”, pushing up the three major indexes. ZFX analyst Jacob Leung said th...View More
These day, coronavirus pandemic developments are the hot topics, weighing on investor sentiment. The dollar is strengthening against most of the major currencies amid risk aversion. Investors are worried the return of the lockdown measures, which wil...View More
Risk aversion is now the main theme in the markets. Market sentiment is bearish due to the fears of another coronavirus outbreak. Not only European countries, but also the US, may impose lockdown measures again if the daily confirmed cases further so...View More
ZFX analyst Jacob Leung said that the dollar clearly strengthened after FOMC meeting, implying three points. First, the investment market is more concerned about Powell’s comment on the economic outlook. Second, investors may have already fully antic...View More
The recent Sterling has become key focus of FX market as investors are worried about no deal situation, causing pressure on the Sterling. The GBP/USD dropped to 1.28 level, setting a clear downtrend these days against the dollar. On Monday, the Asian...View More