Market Review - 09/07/2020 23:42GMT
Dollar regains traction as weakness in U.S. stocks triggers safe-haven usd buying The greenback went through a hectic Thursday session as despite initial weakness in Asia and European morning, dollar staged a strong rebound in New York morning on active safe-h
GBP/USD consolidates the downside amid risk-aversion.
Coronavirus fears offset UK fiscal stimulus optimism.
UK turns down EU coronavirus vaccine scheme.
Following a steady decline in the overnight trade, GBP/USD looks to extend the downside consolidative mode below 1.2600 in early Europe and remain
It seems the risk on and risk off are the key drivers of the dollar. Nothing new there. But this environment is another reason, besides the wave chart analysis, is why if push come to shove, I still believe the dollar index has more room to correct higher.
Sentiment in the stock market is so bul
Spain's consumer prices declined for the third straight month but the pace of annual decrease slowed in June, preliminary data from the statistical office INE showed Monday. The annual decline in consumer prices slowed to 0.3 percent from 0.9 percent in the prior month. The 0.9 percent decrease post
Asian stock markets are mostly higher on Friday following the positive cues overnight from Wall Street after U.S. regulators announced plans to ease regulations that will allow banks to invest in risky assets such as venture capital funds. The news helped offset worries about the spiking coronavirus
WTI extends pullback from four-day top of $40.04.
The EIA inventory fall, US-China tussle add strength to the post-Fed consolidation.
US economics, Sino-American story might entertain traders amid a light calendar.
WTI stays pressured near $38.75 amid the early Asian session on Thursday. The oil be
The findings of the latest survey conducted by Germany’s influential IFO institute showed on Monday that a majority of the sectors cut jobs last month, in the face of the coronavirus pandemic induced lockdown and stall in the business activity.
39% of German companies in the auto industr
April Review Only – “Silver had a March meltdown, reaching the lowest low, since January 2009. Following a good rebound, the market is now trading sideways. Key Dates – 4/2, 4/8, 4/23, 4/30”
Results – 4/2 was very close in price and one day past the low of the month. 4/8 was a good pullback
The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in March, the Ministry of Communications and Internal Affairs said on Tuesday.
That was in line with expectations and up from 2.4 percent in February.
The jobs-to-applicant ratio was 1.39, shy of expectations for 1,40 and do