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.
GBP/USD strikes 8-month high
The British pound is at 8-month highs and Japanese markets were volatile after long-standing Prime Minister Shinzo Abe unexpectedly resigned. It’s the last day of August and investors remain bullish with the S&P 500 on pace for a 5th month of gains.
31 August 2020
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Dow turns positive for 2020!
Good Morning. The Dow Jones industrial average briefly turned positive for the year, erasing all of its huge decline through March.
28 August 2020
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Ant Financial – biggest IPO EVER?!
Good Morning. Gold prices surged again with a daily range of over $50 ahead of Fed Chair Jerome Powell’s Jackson Hole speech later today. Meanwhile the just-filed IPO of Alipay-parent Ant financial could be the biggest ever.
27 August 2020
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Storm pushes oil to 5-month high
Good Morning. Hurricane Laura approaching the gulf coast has caused the price of oil to hit a 5-month high, while the Dow Jones dropped as Exxon Mobil was dropped in an index reshuffle. Today there are US durable goods data and PetroChina earnings.
26 August 2020
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Tesla shares +40% this month!!
Good Morning. Shares of Tesla erased a 4% daily gain to turn lower but they are still up a jaw-dropping 40% this month. Meanwhile, the S&P 500 touched another record high.
25 August 2020
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Is a Dollar Rebound Due?
The dollar is crumbling and gold is surging. Whether that trend continues near term could rest with what Republicans propose for the next US stimulus bill today.
27 July 2020
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