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Week Ahead: GDP and Inflation
Week Ahead: GDP and Inflation Last week saw a sharp selloff in US equities as market concerns about overvaluation weighed heavily. The NASDAQ, Dow Jones, and S&P 500 all posted declines of 4.52%, 3.66%, and 3.28%, respectively, highlighting investor fears of an overstretched market. As election season approaches in the US, traders will also be…
Новости
24 мая 2020
28 views
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This Week Ahead: US and Eurozone GDP
This Week Ahead: US and Eurozone GDP The Coronavirus pandemic, which began with China’s first reported death on January 11th, has since devastated global economies. This week, critical indicators that usually signal the health of the global economy will instead reflect the pandemic’s damage. The following events are important to watch in the coming days,…
Новости
10 мая 2020
26 views
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Oil’s Winning Streak
Oil’s Winning Streak Oil is currently experiencing a five-day winning streak, offering a much-needed glimmer of hope to traders and investors. West Texas Intermediate (WTI) and Brent Crude, the main proxies for US and international oil prices, have been fluctuating around $25.20 and $31, respectively. Just a week ago, oil prices were on a sharp…
Новости
06 мая 2020
26 views
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GBP/USD Ends Month High Gains
GBP/USD Ends Month High Gains The GBP/USD currency pair, which had been experiencing a series of gains in recent days, has now reversed its trend, posting a modest decrease of 0.17% from the previous session, bringing it down to 1.2604. If the pair continues to slide, the next support level to watch is 1.2460. Previously,…
Новости
15 апреля 2020
28 views
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NZD Back Down After Two Day Streak of Gains
NZD Back Down After Two Day Streak of Gains The New Zealand Dollar (NZD) has seen a dip after a two-day streak of gains, largely due to a lack of significant global news. With many countries around the world beginning to stabilize their coronavirus outbreaks after imposing lockdowns, there have been positive signs in key…
Новости
08 апреля 2020
31 views
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Panic Sell Continues
Panic Sell Continues Yesterday, the US Federal Reserve made a dramatic move, cutting interest rates by 100 basis points, bringing the rate down to nearly 0%. The official US Dollar interest rate is now set at 0.25%, effectively zero. In addition to the rate cut, the Fed unveiled a $700 billion quantitative easing program, which…
Новости
16 марта 2020
39 views
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Crude Oil Drops Below $30 As Market Opens
Crude Oil Drops Below $30 As Market Opens WTI Crude Oil has experienced an unprecedented sell-off, plunging 30% and falling below $30 a barrel. This marks the first time oil prices have dropped to such low levels since 1991 during the Gulf War. The dramatic drop follows the collapse of the OPEC+ alliance between Saudi…
Новости
09 марта 2020
28 views
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Will the Coronavirus Cause an Economic Recession?
Will the Coronavirus Cause an Economic Recession? Trading Opportunities As the coronavirus crisis continues to worsen, many are beginning to ask whether it could lead to a global economic recession. The current numbers from the Chinese government report over 70,000 infected, with more than 1,700 deaths, and the situation is continuing to escalate. The recent…
Новости
17 февраля 2020
25 views
