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.
Non-farm Payrolls
The weakness in the US dollar continues to be a major theme across markets. GBP/USD hit 1.35 while AUD and CAD both rose to 2 ½ year highs. Gold is up for a third day after its big sell-off.
04 December 2020
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UK approves COVID vaccine
The UK has become the first country to approve the use of a covid-19 vaccine. A stimulus bill is being discussed again in Washington DC. The S&P 500 hit a record high and the US dollar fell to fresh 2 ½ year lows while gold jumped.
03 December 2020
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Dollar gets whacked!
The US dollar has started December on the back foot, falling against the euro and spurring a rebound in the price of gold back above $1800 per oz. The S&P 500 erased Monday’s drop to reach a new record high.
02 December 2020
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Best month for the Dow since ‘87
The Dow fell 200 points on Monday but still had its best monthly return since 1987! Gold on the other hand, had its worst month since 2016. Bitcoin unwound its Thanksgiving loses to make a fresh record high.
01 December 2020
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OPEC Meeting Today
OPEC meets today and Tuesday to decide oil quotas after a giant monthly gain for the price of oil. The S&P 500 finished at a record high on Friday, while the Dow is set for its best monthly return since 1987.
30 November 2020
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Bitcoin dives after test of record high
Bitcoin slumped as much as 16% from its Wednesday peak after a test of its 2017 record. It’s Black Friday today so all eyes will be on the online sales at Amazon. The price of oil has snapped a 5-day win streak.
27 November 2020
Read MoreLATEST WEEK AHEAD VIDEOS
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
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