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.
Trump supporters storm US Capitol
US Stock markets were off their highs but finished in the green after protests by Trump supporters in Washington DC grew out of control.
07 January 2021
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WTI crude breaks above $50
A rally in oil prices helped lift sentiment on Wall Street but nerves about the Georgia runoff election saw shares in Europe fall. Stocks in Asia rose as Chinese telecoms gained after NYSE reversed the delisting.
06 January 2021
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Stocks sell-off in first day of 2021
Fresh nerves around the Georgia run-off election in America caused a sudden sell-off on Wall Street. Stock indices dropped with oil while gold rallied. Bitcoin, Ethereum and other cryptos gave back some of the weekend gains.
05 January 2021
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Bitcoin is over $30k, Happy New Year!
The huge price rally in Bitcoin has continued into the New Year with a move above $30,000. The British pound is gaining ground after the UK parliament agreed to the EU trade deal. US stocks finished at a record high on December 31.
04 January 2021
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Trump might veto stimulus
Stocks and oil moved higher while gold dropped. The US yield curve hit its highest since 2017, XRP slumped 25% while GBP/USD popped back over 1.35. *NOTE: This is the last daily market update for 2020, we will resume on January 4. Happy holidays!
24 December 2020
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XRP slumps before Ripple gets sued
Cryptocurrency XRP, the token of Ripple slumped amid talk of the company being sued by the SEC. Global stock markets were mixed while the dollar has gained as investors digest the news of a potentially more dangerous strain of covid-19 detected in the UK.
23 December 2020
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WEEK AHEAD: JANUARY 25
On my radar this week is the surging Hong Kong stock market. The benchmark Hang Seng index is at a 20-month high. I’ll talk about the price chart, what’s driving the gains and whether it can continue. Thanks! Rich
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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