0.0 00 European markets are poised to open Wednesday morning in the red. Traders are digesting comments, about the Covid-19 death toll, out of the United States made by President Donald Trump overnight. European traders will …
Read More »Asian Markets Mixed after Chinese Data
0.0 00 The Asian and Pacific Rim markets were mixed on Wednesday after the private Caixin purchasing managers’ index, for March, showed that manufacturing in the world’s second largest economy expanded. In Japan, the Asian benchmark, …
Read More »Crude Oil Prices fall as Demand Plummets
0.0 00 Overnight, the U.S. West Texas Intermediate (WTI) spot crude oil contract fell to an 18 year low price point. Demand for the black gold continues to vanish as the Covid-19 pandemic brings the global …
Read More »Gold Prices continue to inch Higher
0.0 00 Overnight, during the North American trade session, gold futures contracts continued to inch higher on a safe haven bid. Traders are also looking for an alternative to traditional fiat currencies as interest rates are …
Read More »Dollar Steadies and Traders Look for Safety
0.0 00 The almighty U.S. dollar is showing signs of steadying during the Asian trade session on Monday. After weeks of volatility, the dollar showed some signs of steadying down. The safe haven Japanese yen also …
Read More »Asian Market Broadly Lower, Nikkey fall over 4%
0.0 00 The Asian and Pacific Rim markets were broadly lower in the morning at the start of trade on Monday. Traders are still worrying about the economic impact regarding the global economic impact from the …
Read More »Dollar Recovers as the Panic Calms Down
0.0 00 The almighty U.S. dollar is on track for its biggest weekly decline in over a decade as traders monitor a number of stimulus packages around the world. The Senate passed the $2.2 trillion stimulus …
Read More »Gold Eases as Traders Book Profits
0.0 00 On Friday, during the Asian trade session, gold futures contracts eased back as traders booked some profits. The yellow metal has hit a two week high price point and is still on track for …
Read More »Asian Traders wait on US Labor Data
0.0 00 Asian and Pacific Rim equities were broadly lower on Thursday as traders are expecting a steep increase in U.S. unemployment claims due out later during the North American trade session. Asian sentiment did pick …
Read More »Dollar Falls Lower before US Labor Data
0.0 00 The U.S. dollar is on the defensive against the Japanese yen during the Asian trade session as Forex traders wait on key U.S. unemployment claims. This data is due during the North American trade …
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