Darwin

Citigroup Inc.'s analysts foresee German bond yields waking up from their third-quarter slumber and the 10-year yield's average falling to -0.6% in the October-December period, according to Bloomberg.  The benchmark yield averages -0.47% in the third quarter.  Key quotes (Source: Bloomberg) Uncerta

Little on the agenda to start the new week     The dollar is mildly weaker to start the day, with the likes of the yen and pound keeping a tad firmer alongside the aussie and kiwi so far.   There isn't much to read into the early moves but cable is tracking above its 100-hour moving average as buyer

During the late-US session on Tuesday, JP Morgan’s head of macro quantitative and derivatives research Marko Kolanovic crossed wires via Bloomberg. The analyst turns bullish on the Nasdaq 100 equity index while spotting the recent tiring of selling positions. Key quotes The tech-led selloff that se

The UK economy expanded for the third straight month in July as lockdown measures continued to ease though it has still only recovered just over half of the lost output caused by the coronavirus. Gross domestic product expanded 6.6 percent in July from June, when it gained 8.7 percent, data publi

Photo: Bloomberg As the disconnect between the US stock market and the health of the country’s economy continues to widen, shares of SoftBank Group Corp (9984.T) have fallen by 5 per cent in early trading this Monday, after the company made big bets on equity derivatives linked to listed technolog

European majors, as well as stock indices, are boosted by better than expected Germany business sentiments, as well as small than expected Q2 GDP contraction. There were talks that investors welcomed the US-China trade phone calls. But judging from the decline in China and Hong Kong stocks, that mig

Photo: iStock Prytek, a Singapore-based venture capital, has invested fresh $12 million in TipRanks Ltd., an Israeli trade analysis startup, by purchasing shares from its existing investors, founders, and even employees. This came as an extension of the venture capital’s holding on the startup as

With less than 100 days left to the 2020 US Presidential elections, let’s take a look at the S&P 500 index, as per Barron’s study of pre-election performance. Key quotes “Vice President Joe Biden appears to have an edge over Trump in recent polls. But polls don’t always predict outcomes and sent

GBP/USD continues its steady push higher after breaking key resistance from its 200-day average and with the June high at 1.2808/17 now cleared, analysts at Credit Suisse stay biased higher with next resistance next at 1.2894, then at 1.2977 and eventually at the more important long-term downtrend f

USD/JPY fails to keep the bounce off 106.68 while flashing two-day losing streak. US readies a Phase 4 fiscal package, likely to be out by the end of July. Japan approves virus drug dexamethasone for use, likely to keep event restrictions in a meet despite receding pandemic data. Preliminary reading

Photo: Bloomberg Monex, Inc. announced this Wednesday that it will begin offering crypto asset contract for difference (CFD) services, thanks to recent changes in the Financial Instruments and Exchange Act in Japan. Monex, Inc., a brokerage based in Japan and part of the Monex Group, now offers th

Nonfarm payrolls expanded by a record 4.8 million but that leaves another 15 million to go. The BLS Employment Report for June shows employment rose by 4.8 million and the unemployment rate fell to 11.1% Initial Reaction Both numbers are better than the consensus. The Bloomberg Econoday consensus jo