16.04. Fresh trading analysis: data from China, dollar strengthens

16.04.2021

Technical reviews

Friday, April 16th, today’s news—China's GDP grew by the record 18.3% year-on-year, but the quarterly growth missed the expectations. Oil prices are at a month high, Asian markets are mixed, American stocks are flat after Dow closes at the record 34,000, Treasury yields and gold are down, dollar strengthens, European markets continue to rise, new car sales soar 87% year-on-year. The price of Brent oil is $66.88, WTI—$63.34, EUR/USD is at 1.1987, GBP/USD—1.3750, gold is $1,767.45 per ounce. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market during a time of volatility.

Author: GC
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