Market Outlook

ZFX: Markets was still choppy amid cautious sentiment

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
  • 08:28

ZFX: Cash is King! Dollar bounced amid bearish markets

“Cash is King” once again reflected the recent strength of the dollar. Dollar index has bounced around 2% from 91.75. Investors sold riskier assets in a such bearish condition, turning back to hold dollar, driven by risk aversion demand. The fears of...View More
  • 07:06

ZFX: The markets mixed amid no dominated theme

The Wall Street overnight was bullish together with the bouncing dollar. S&P 500 and Nasdaq hit record highs again, and the DOW reached 29000 level, the highest since the late February. However, stocks in Asian trading session were just mixed on Thur...View More
  • 07:28

ZFX: Dovish Fed signals propped up riskier assets

In Asian trading session, the dollar index was once as low as 92.15. After the Fed announced the latest monetary policy framework, investors expected that the Fed will maintain the low interest rates policy for a long period of time, hurting the outl...View More
  • 05:27

ZFX: Strong economic data propped up investor sentiment

Last Friday, the US stock market was boosted by the strong figures. The three major Wall Street indexes all rose. The S&P 500 closed 0.34% higher, another closing record. The Nasdaq jumped 0.42%, another record also. Generally, investors are looking ...View More
  • 05:01