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.
Airbnb doubles in debut
Airbnb saw its share price more than double in its public market debut on Thursday. The EU budget and Recovery Fund were finally agreed and on the same day the European Central Bank added 500 billion euros to its bond-buying program.
11 December 2020
Read More
Nasdaq falls in ‘tech wreck’
Tech stocks sold off on Thursday triggered in part by Facebook being sued and broader worry that Congress is still far away from a new stimulus bill. Gold also fell amid stimulus concerns. DoorDash had a barnstorming IPO.
10 December 2020
Read More
China FX reserves jump most in 7 years
Foreign FX reserves in China jumped by the most in a month since 2013 in signs that the PBOC is trying to cool strength in the yuan. The S&P closed above 3700 for the first time, Tesla sold $5 billion new shares and Bitcoin is back below $19000.
09 December 2020
Read More
GBP wobbles over Brexit trade deal
Rumours that the UK could walk away from Brexit trade deal talks hit the pound, which dropped 1.5% vs. the dollar. Gold rallied back on the dollar weakness and uncertainty over vaccine production knocked the Dow 100 points lower.
08 December 2020
Read More
Tesla +1000% in 13 months
The dollar lifted from two-and-half year lows and the Dow Jones closed at a fresh record high after the November jobs report missed expectations. Tesla stock struck $600 afterhours for the first time, rising 1000% in 13 months.
07 December 2020
Read More
Non-farm Payrolls
The weakness in the US dollar continues to be a major theme across markets. GBP/USD hit 1.35 while AUD and CAD both rose to 2 ½ year highs. Gold is up for a third day after its big sell-off.
04 December 2020
Read MoreLATEST WEEK AHEAD VIDEOS
Weekly Webinar: April 20
Gold completes bullish double bottom pattern!
WEEK AHEAD: APRIL 19
This week there is the Bank of Canada & ECB meeting so I look at the USD/CAD and EUR/USD forex pairs plus review the economic calendar. Thanks! Rich
Weekly Webinar: April 13
USD/JPY is testing huge monthly trendline!