Market Outlook
ZFX: Market crash again and again, Black Friday fear?
Review:
On Thursday (March 12), the financial market continued to collapse, the global stock market dropped sharply again and the three major Wall Street indexes all fell by nearly 10%. During the period, the market halt was triggered again and trading is suspended for 15 minutes. The Dow eventually fell 9.99% and fell more than 2350 points, the worst day since the stock market crash in 1987.
The new coronavirus pneumonia epidemic continues. Investor
13-03-2020 04:51
ZFX: Wall Street technically bearish? Market conditions still disturbing
Review:
On Wednesday (March 11), the market remained uncertain, the three major Wall Street indexes plunged sharply, which the Dow fell by 5.86%, more than 1,400 points, erased all Tuesday's gains. The WHO officially announced the new coronavirus (COVID-19) as a "global pandemic", once again hit the market sentiment. Also, there has no further details about the Trump’s policies, triggering market disturbing.
ZFX analyst Jacob Leung said, it is generally
12-03-2020 04:31
ZFX: financial market keep volatile, fluctuations are expected
Review:
Tuesday (March 10) financial markets are still in a sensitive state. After another "Black Monday", investors are paying close attention to the news of the OPEC and Trump's policies. The trend of various markets such as gold and forex still very uncertain. So far investors were not sure about the details of Trump's policies, but it was reported that Trump might lower income tax rate to 0%, which caused strong buying in the market. The three major Wall Street indexes
11-03-2020 04:58
ZFX: No. 3 black swan? oil prices biggest drop since 1991
Review:
On Monday (March 9), investors witnessed history again. Due to the breakdown of production reduction agreement negotiations between OPEC and Russia, Saudi Arabia announced an extreme move over the weekend. Oil prices continued to drop sharply following the decline of last Friday. It was once more than 30% after opening, which was the biggest drop since 1991.
The global financial market was extremely panic, and stock markets around the world were in a bleak
10-03-2020 07:12
ZFX: Asian Gold Review – Model Returns, Gold price fights Back
Trend Review : Gold prices as a whole remained in the range on Wednesday (February 12), with gains and losses on the day, fluctuating between US$8 and US$, but were clearly countering risk appetite in financial markets. Gold edged down to around $1,567.5 on Wednesday and saw downward pressure in early trading until the european market's early decline was more pronounced, falling as low as $1,561.8. However, this level once again has buy support, gold prices quickly rebounded, back to the
13-02-2020 09:55
ZFX: Risk appetite gradually return to the U.S. stock market
Strategy Review: Financial markets moved from cautious on Wednesday (February 12) as signs of a pneumonia outbreak or slowdown in mainland China weakened, and Federal Reserve Chairman Colin Powell reiterated confidence in the U.S. economic outlook, further releasing optimism, with money continuing to flow into the stock market, with the Dow, The S and P and Nasdaq index all-time highs, with the Dow "chasing back" by more than 270 points.
Jacob Leung, an analyst at ZFX, said the pattern
13-02-2020 09:48
ZFX: Euro Session Gold Review – Wandering Between Bitter and Sweet, Gold Price Ranging
Trend review : Tuesday (February 11) gold price fluctuations, the trend of waves, the main due to the mixed long-short factors, the formation of a good light contention. Gold prices opened slightly lower at $1,571.6 on Tuesday, to take on Monday's lack lustre, early on has seen downward pressure, fell through the $1570 level, although the Asian market occasionally counter-attack, but still subject to this pass, the situation remained until the European market session. Entering the U.S., gold
12-02-2020 09:18
ZFX: Outbreak Fears Cool, Markets Remain Wary
Strategy Review: The mood in financial markets improved further on Tuesday (February 11) but failed to last, mainly due to caution among investors. Risk appetite continued to flow into the stock market, with the S&P and Nasdaq hitting record highs for two consecutive trading day, but the Dow rose and then fell, a relatively weak trend.
Chinese experts now expect the pneumonia outbreak to peak in February and end in April, while the WHO vaccine could be completed within 18 months.
12-02-2020 09:00
ZFX: Risk aversion seems to be a trend rather than gold prices hovering high
Trend Review : Gold prices hovered on Monday (February 10) and even if the US Dollar continued to strengthen, investor confidence remained fragile, the global pneumonia outbreak remained unclear and funds remained in the gold market. Gold prices, which opened slightly higher at around $1,571.8 on Monday, had surged to $1,576 in early trading, but were under immediate pressure, with the Asian market falling mainly at the $1,570 mark. The Euro session rose again, but failed to break through. The
11-02-2020 09:18
ZFX: The market is still upset, with strong Dollar Index and gold price
Strategy review: Financial markets stabilised on Monday (February 10), investor panic did not further fester, funds returned to the stock market, the Dow, the S&P and the Nasdaq all rose, with the S&P and Nasdaq all hit record highs.
Earlier on Monday, sentiment remained shaky as investors were unnerved by the implementation of a semi-seal in Beijing, Tianjin, Shanghai and Chongqing, china's four largest cities. According to the latest news, the number of confirmed cases of
11-02-2020 08:03