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.
Gold under 1700, Nasdaq -ve for 2021
Rising bond yields caused another drop in tech stocks and sent the US dollar flying and gold prices crashing under $1700 per oz.
05 March 2021
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Oil jumps before OPEC+ meeting today
The price of oil is gaining ground before today’s OPEC meeting. Tech stocks stumbled, sending the Nasdaq under 13,000 as bond yields picked up again. Higher yields hurt the price of gold, while the FTSE 100 gained in a positive reaction to the UK budget.
04 March 2021
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Portnoy backs Reddit ETF
Oil prices turned lower once more in the run-up to Thursday’s OPEC+ meeting. Stock markets consolidated after big gains on Monday. US Treasury yields dropped but gold nonetheless gained $10 on the day.
03 March 2021
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S&P has best day since June
Stocks rebounded sharply on Monday as investors bought the dip, comforted by the drop in bond yields. The gains saw the S&P 500 erase last week’s losses to have its biggest daily gain since June.
02 March 2021
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Worst month for gold since Nov. 2016
Bond yields retreated from the sharp spike high made on Thursday but there was no matching rebounding on other markets with stocks falling heavily and the dollar gaining versus more risky currencies.
01 March 2021
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Record US Coronavirus cases
Good Morning. It’s the last full trading week before the US election. EUR/USD is at its highest in 7 weeks. Wall Street closed lower last week while stocks in Hong Kong rose to the highest since Sept 3.
26 February 2021
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