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16.07. Fresh trading analysis: oil prices and COVID-19 vaccine

16.07.2020

Analysis round-up

Thursday, July 16th, today’s news—China's economy rose 3.2% in the second quarter instead of the predicted 2.5%, but the markets are down amid the escalating tensions with the US. European markets are also lower ahead of the ECB meeting, USD is recovering. The price of Brent oil is $43.45, WTI—$40.71. …

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15.07. Fresh trading analysis: US indices and stock market

15.07.2020

Feature articles

Tuesday, July 14th, today’s news—Dow futures rise 200 points as Moderna reports successful coronavirus vaccine trial. This also positively affects the EU markets, oil recovers from a drawdown, Asian markets under pressure amid the US-China tensions. The price of Brent oil is $43.45, WTI—$40.87. EUR/USD is at 1.1436, GBP/USD—1.2610, gold …

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The origins of Forex

14.07.2020

Feature articles

The modern international currency trade is only 42 years old, but in 2019 this market reached a daily turnover of $6.6 trillion (the estimate for 2020 is $10 trillion!). The single decision to remove the US dollar from the gold standard resulted in the creation of the world’s largest market. …

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14.07. Fresh trading analysis: IT sector news

14.07.2020

Analysis round-up

Tuesday, July 14th, today’s news—China's exports grow as countries open borders, 2.5% economic growth is expected in the second quarter. Oil prices continue to decline amid the pessimism over demand recovery, as well as ahead of OPEC+ meeting, UK economy enters a tepid recovery. The price of Brent oil is …

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13.07. Fresh trading analysis: Nasdaq trading volume rises

13.07.2020

Analysis round-up

Monday, July 13th, today’s news—US stock indices rise, and the dollar is up, despite the rising number of new COVD-19 cases. Asian shares also rise, oil prices drop ahead of the expected easing in the supply cuts by OPEC+. The price of Brent oil is $42.80, WTI—$40.09. EUR/USD is at …

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10.07. Fresh trading analysis: what happened to indices?

10.07.2020

Analysis round-up

Friday, July 10th, today’s news—oil prices drop again due to expectations of lower demand amid the record surge in coronavirus cases. The same cause is behind the negative trends in the US, EU, and Asian markets, the latter are also affected by the US-China tensions. The price of Brent oil …

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09.07. Fresh trading analysis: oil price fluctuations

09.07.2020

Analysis round-up

Thursday, July 9th, today’s news—US stock futures are trading steady after a record Nasdaq surge. The US dollar is down amid hopes of economic recovery, China's markets are higher following the better than predicted PPI as investors resume activity. The price of Brent oil is $43.27, WTI—$40.78. EUR/USD is at …

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08.07. Fresh trading analysis: stocks drop

08.07.2020

Analysis round-up

Wednesday, July 8th, today’s news—France's economy is set to rebound 19% in the third quarter, according to INSEE. However, overall negative sentiment returns to Asian and European markets, while the ECB doesn't intend to introduce new stimulus measures. The price of Brent oil is $42.94, WTI—$40.51. EUR/USD is at 1.1287, …

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Expert review round-up: Daily trading analysis during the crisis for July 7th

07.07.2020

Analysis round-up

Tuesday, July 7th, today’s news—a decline is expected on the European markets due to the rising COVID-19 cases, and Germany's lower than predicted industrial production data. Treasury yields drop, Asian markets remain positive. The price of Brent oil is $42,72, WTI—$40.21. EUR/USD is at 1.1277, GBP/USD— 1.2478, gold is $1,786.05 …

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Expert review round-up: Daily trading analysis during the crisis for July 6th

06.07.2020

Analysis round-up

Monday, July 6th, today’s news—Asian markets rise as China’s blue chips hit the five-year peak. The US dollar is falling amid the new coronavirus cases despite the positive employment data. The price of Brent oil is $43.52, WTI—$40.94. EUR/USD is at 1.1294, GBP/USD— 1.2487, gold is $1,786.55 per ounce.. Read …

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