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Many traders would like to have a magic wand that would enable them to make a profit just like that, with no effort. However, if it were so simple, we’d all be millionaires; trading, first and foremost, is an intellectual work. Although there’s no magical solution, traders always have reliable …

Friday, April 10th—today's news: OPEC+ countries agree to cut oil output by the unprecedented 10 million barrels per day. Federal Reserve announced $2.3 trillion stimulus, the EU ministers of finance seal the deal on half-a-trillion euros worth of economic support. EUR/USD is at 1.0947, GBP/USD—1.2476; Brent oil is $28.81 per barrel, gold is …

Thursday, April 9th—today's news: oil prices grow on optimism over today's OPEC+ talks. Europe is nearing the pandemic's peak, but the markets push higher. EUR/USD is at 1.0871, GBP/USD—1.2403; Brent oil is $30.62 per barrel, gold is $1,659.88. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market …

Wednesday, April 8th—today's news: eurozone financial ministers still have no stimulus agreement after 16-hour talks. People's Bank of China to extend easing measures to support the economy, flat trend is expected in the US stock futures market. EUR/USD is at 1.0865, GBP/USD—1.2327; Brent oil is $28.76 per barrel, gold is $1,651.52. Read the …

Tuesday, April 7th—today's news: UK PM Boris Johnson, who has coronavirus, moved to intensive care. European markets are rising, China reports no daily deaths from coronavirus for the first time since January. EUR/USD is at 1.0869, GBP/USD—1.2303; Brent oil is $30.13 per barrel, gold is $1,657.53. Read the daily selection of analytical reviews …

Monday, April 6th—today's news: Spain to introduce a permanent universal basic income amid the coronavirus-induced crisis. European markets are optimistic about the possible pandemic slowdown, the US stock market is also expecting gains. EUR/USD is at 1.0802, GBP/USD—1.2307; Brent oil is $29.36 per barrel, gold is $1,636.40. Read the daily selection of …

Friday, April 3rd—today's news: the US economy is to shrink at the fastest rate since 1946, Morgan Stanley says. Investors expect the Dow futures to drop 200 points amid the new unemployment data, the service sectors of Italy and Spain are in an unprecedented decline. EUR/USD is at 1.0799, GBP/USD—1.2282; Brent …

Thursday, April 2nd—today's news: JPMorgan experts say the markets should be concerned about the second wave of the new coronavirus pandemic. European markets are trading flat, the US are in anticipation of the new unemployment data. EUR/USD is at 1.0920, GBP/USD—1.2417; Brent oil is $23.52 per barrel, gold is $1,587.49. Read the …

Wednesday, April 1st—today's news: Donald Trump warns the coronavirus death toll in the US may reach 100,000. Dividends in Europe will fall 40% according to Barclays, stock markets had their worst quarter since 1987. EUR/USD is at 1.0931, GBP/USD—1.0931; Brent oil is $21.67 per barrel, gold is $1,595.57. Read the daily selection of analytical …

In the middle of March, Robert Koch Institute (a major German research institute subordinate to the Ministry of Health) warned that the new coronavirus pandemic may last into 2021. The global quarantine, and the economic recession with it, promises to stay there for just as long. Considering the situation, it …