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03.08. Fresh trading analysis: oil prices and Spain's production activity

03.08.2020

Analysis round-up

Monday, August 3rd, today’s news—Spain's production activity rises following a strict, three-month lockdown. Oil prices fall amid the worries of oversupply as OPEC+ plans to wind back the output cuts. The price of Brent oil is $43.08, WTI—$39.75. EUR/USD is at 1.1778, GBP/USD—1.3106, gold is $1,979.55 per ounce. Read the …

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31.07. Fresh trading analysis: US employment data, reports of tech giants

31.07.2020

Analysis round-up

Friday, July 31st, today’s news—US GDP in the second quarter drops by the record 32.9% on an annualized basis, dollar slumps, big tech futures rise. Europe is mixed: the euro had its best month in a decade, ECB plans to extend support until summer 2021, while biggest EU economies shrink …

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30.07. Fresh trading analysis: US indices gain, Kodak stock

30.07.2020

Analysis round-up

Thursday, July 30th, today’s news—European and Asian automakers post record losses in the second quarter. The Fed keeps interest rates steady, American stock indices demonstrate strong gains. The price of Brent oil is $43.67, WTI—$40.78. EUR/USD is at 1.1749, GBP/USD—1.2983, gold is $1,945.95 per ounce. Read the daily selection of …

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29.07. Fresh trading analysis: oil prices, McDonald's stocks

29.07.2020

Analysis round-up

Wednesday, July 29th, today’s news—the US markets await the testimony of big tech chief executives before the House Antitrust Subcommittee in Congress. Gold continues to demonstrate positive momentum, analysts say the price may rise to $3,500 in two years. The price of Brent oil is $44.05, WTI—$41.41. EUR/USD is at …

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28.07. Fresh trading analysis: gold price, Moderna and Amazon stocks

28.07.2020

Analysis round-up

Tuesday, July 28th, today’s news—the US dollar is recovering after a two-year low ahead of the Fed meeting. Oil prices are also recovering amid the US stimulus measures, European markets are mixed, the ECB extends the dividend ban for the eurozone banks. The price of Brent oil is $43.98, WTI—$41.52. …

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27.07. Fresh trading analysis: major stocks drop & Visa report

27.07.2020

Analysis round-up

Monday, July 27th, today’s news—gold price sets a new high breaking the 2011 record amid the increased demand for safe assets. The US dollar and oil prices fall as the pandemic and tensions with China continue to influence the economy, American stock markets rise ahead of a big week of …

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24.07. Fresh trading analysis: what happened to Microsoft stock

24.07.2020

Analysis round-up

Friday, July 24th, today’s news—both Asian and American markets are down amid the escalating US–China tensions, the dollar is weakened, oil prices are on decline again. French PMI is better than expected, British retail sales are nearing the pre-pandemic values. The price of Brent oil is $43.55, WTI—$41.36. EUR/USD is …

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23.07. Fresh trading analysis: why the US stocks are on the rise

23.07.2020

Analysis round-up

Thursday, July 23rd, today’s news—Germany's consumer confidence index rises more than expected amid the new stimulus measures. This, along with the stronger business confidence index in France, helped boost the European markets. The price of Brent oil is $44.71, WTI—$42.28. EUR/USD is at 1.1590, GBP/USD—1.2718, gold is $1,885.75 per ounce. …

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22.07. Fresh trading analysis: stock market news

22.07.2020

Analysis round-up

Wednesday, July 22nd, today’s news—global coronavirus case count hits 15 million. The euro continues to rise following the economic recovery deal, China's central bank to pause the stimulus over the positive economic data. The price of Brent oil is $43.94, WTI—$41.45. EUR/USD is at 1.1518, GBP/USD—1.2650, gold is $1,850.05 per …

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21.07. Fresh trading analysis: economic stimulus in the US

21.07.2020

Analysis round-up

Tuesday, July 21st, today’s news—after an almost 5-day summit EU leaders reached a multibillion recovery deal for all 27 member states. European stock, currency, commodity markets rise, Asian companies cut dividends, American futures rally amid the positive reports of tech companies. The price of Brent oil is $44.20, WTI—$41.73. EUR/USD …

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