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.
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Oil price up 10% in 5 days!
The price of oil has gained for 5 days in a row to reach its highest since early March. The Dow pulled back from 30k, gold fell to $1800 per oz and EUR/USD rose over 1.19. Meanwhile, Salesforce is looking to buy office messaging app Slack.
26 November 2020
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Dow cracks 30,000!
In a historic day for the stock market, the Dow Jones reached 30,000 for the first time. Cryptocurrencies continue to soar, this time led by XRP from Ripple, which has risen 50% in 24 hours.
25 November 2020
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ETH/USD shoots over $600
Cryptocurrencies continue to explode higher with Ethereum in the limelight as it rose over $600 for the first time since May 2018. Gold broke below key support at $1850 per oz. Former Fed Chair Janet Yellen is now favourite to become Treasury Secretary.
24 November 2020
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Waiting for EU Recovery Fund
The euro is stalling under 1.19 awaiting the approval of the EU recovery fund. Treasury Secretary Mnuchin is not extending Fed emergency programs. New restrictions in New York and California saw US stock markets close lower Friday.
23 November 2020
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USD/TRY slides after giant rate hike
The lira was the big FX mover after the Turkish central bank raised interest rates to a massive 15%. News that the Oxford vaccine is safe and effective alongside the resumption of stimulus talks lifted stocks on Wall Street.
20 November 2020
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Stocks reverse after NYC schools shut
Bitcoin has soared again to just shy of $18,500. However Wall Street saw a late selloff when schools were closed in New York City. The Kiwi Dollar (NZD/USD) reached its highest since December 2018.
19 November 2020
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