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.
EUR/USD reaches 1.20 then crumbles!
The euro briefly reached the big 1.20 level, Zoom shares jumped over 40% after earnings and the second largest crypto Ethereum rallied 10% to a 2-year high. Today there is Australian GDP and US ADP unemployment data.
02 September 2020
Read More
Warren Buffett bets big on Japan!
The US dollar fell with the Aussie dollar reaching a 2-year high over 0.74. Warren Buffet bets on Japan, Zoom earnings are out and Apple and Tesla shares gained after stock splits were implemented.
01 September 2020
Read More
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
Read More
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
Read More
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
Read More
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
Read MoreLATEST WEEK AHEAD VIDEOS
Weekly Webinar: January 19
Gold’s 200 day moving average
WEEK AHEAD: JANUARY 18
The story has been the US dollar rebounding in the major forex pairs, one of which is dollar yen. With the Bank of Japan setting interest rates this week, my trading strategy is to watch if this dollar up-move continues against the yen. Thanks! Rich
Weekly Webinar: January 12
USD/JPY might have bottomed at 103!