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.
Dow hits intraday record high
The Dow Jones hit a fresh intraday record high on Monday, while tech stocks dragged the Nasdaq index into correction territory, down 10% from its high. The dollar gained as Treasury yields rose and the gold price fell again.
09 March 2021
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Gold steadies near $1700 per oz
Stock markets rallied strongly back off the lows on Friday and avoided another weekly lower close. However, bond yields reached new 2021 highs and NFP data topped expectations, helping the US dollar gain and EUR/USD drop to 1.19.
08 March 2021
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Gold under 1700, Nasdaq -ve for 2021
Rising bond yields caused another drop in tech stocks and sent the US dollar flying and gold prices crashing under $1700 per oz.
05 March 2021
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Oil jumps before OPEC+ meeting today
The price of oil is gaining ground before today’s OPEC meeting. Tech stocks stumbled, sending the Nasdaq under 13,000 as bond yields picked up again. Higher yields hurt the price of gold, while the FTSE 100 gained in a positive reaction to the UK budget.
04 March 2021
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Portnoy backs Reddit ETF
Oil prices turned lower once more in the run-up to Thursday’s OPEC+ meeting. Stock markets consolidated after big gains on Monday. US Treasury yields dropped but gold nonetheless gained $10 on the day.
03 March 2021
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S&P has best day since June
Stocks rebounded sharply on Monday as investors bought the dip, comforted by the drop in bond yields. The gains saw the S&P 500 erase last week’s losses to have its biggest daily gain since June.
02 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