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.
European indices slump 2% with new lockdown restrictions
Markets tumbled again on Thursday as tighter lockdown measures in Europe added to nerves already frayed by delayed vaccine trials, earnings and election uncertainty and no progress on a US stimulus package.
16 October 2020
Read More
GBP/USD jumps through 1.30 as Brexit deadline extended
There was relief for Sterling-buyers after the UK shelved the idea of walking away from Brexit talks at the EU Summit tomorrow. Stock markets stuttered again as bank earnings disappointed and hopes of pre-election US stimulus faded further.
15 October 2020
Read More
Gold drops 2% after IMF asset price warning
The US dollar gained ground while stock markets dipped as some of Monday’s optimism came out of the market. The IMF warned financial markets could see a ‘sharp adjustment” while Johnson & Johnson paused its vaccine trial.
14 October 2020
Read More.jpg?v=1.0.509)
AAPL & AMZN pop before iPhone 12 & Prime Day
Monday was a big bullish day for global markets led by Chinese and US tech stocks in the lead up to the release of the new iPhone and Amazon Prime Day. Oil prices turned lower – as did the FTSE 100 after a new 3 tier lockdown was imposed in the UK.
13 October 2020
Read More
CNY jumps on rising chance of Biden win
Investors have been positioning for a Democratic clean sweep in the US election so they are buying the Chinese yuan and equities- and selling the dollar.
12 October 2020
Read More
Bitcoin jumps as Square buys in
The price of Bitcoin gained on news that Square has bought $50 million BTC, the Dow Jones has risen to a one-month high amid renewed optimism for fiscal stimulus and the Turkish lira fell to a new record low.
09 October 2020
Read MoreLATEST WEEK AHEAD VIDEOS
.jpg?v=1.0.509)
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.
.jpg?v=1.0.509)
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
.jpg?v=1.0.509)
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