TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
STOXX 600 closes at record high
Europe’s benchmark STOXX 600 index hit a record high while France’s CAC 40 index recovered all of its pandemic-induced losses. Copper prices surged, while gold made a fourth day of gains as bond yields dipped. Today FOMC minutes are released.
07 April 2021
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Oil dives 4%, Dow hits record
Oil prices slumped following the OPEC decision to lift supply last week. The dollar weakened on Tuesday despite a record-beating ISM services PMI. Meanwhile, the Dow and S&P 500 fired up to record highs after a long weekend.
06 April 2021
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NFP smashes expectations!
Today the markets that were closed, including the US stock market will have a chance to react to Friday’s blowout NFP that saw 916,000 US jobs added in March. Forex markets were open so the US dollar gained on the news, rising for a third week.
05 April 2021
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S&P 500 tops 4,000 for first time
The S&P 500 hit 4000 for the first time to end the week before the long Easter holiday weekend. Oil gained 3% in a surprise bullish reaction to OPEC lifting output quotas. The dollar pulled back, allowing a second day of gains for gold. Today is NFP day.
02 April 2021
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Treasuries have worst quarter in 40 years!
The final day of the first quarter finished in a generally upbeat tone as President Joe Biden unveiled his infrastructure spending plans. Gold popped back over $1700 and US Treasuries had their worst quarter since 1980!
01 April 2021
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DAX above 15,000 for 1st time
The DAX index shot above 15,000 for the first time, brushing aside fears over new lockdowns and vaccine uncertainty in Germany. USD/JPY hit 110 and gold fell under $1700 per oz amid dollar strength.
31 March 2021
Read MoreLATEST WEEK AHEAD VIDEOS
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WEEKLY WEBINAR: JULY 27
Get your forex trading strategy right this week with our weekly webinar. Get expert technical analysis of the major #forex #cryptocurrencies #indices #commodities #stocks & #shares markets.
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WEEK AHEAD: JULY 26
The last meeting of the US Federal Reserve until after the summer should be a big driving force for forex markets. Also, the big tech companies report second-quarter earnings, which has implications for tech stocks as well as the Nasdaq index. Lots to discuss. Thanks! Rich
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WEEK AHEAD: JULY 19
The European Central Bank and People’s Bank of China both set monetary policy while US earnings season has started. I will take a look at the Euro-dollar and dollar-Chinese yuan currency pairs for how they setup before the action this week. Thanks! Rich