Category: Experts

daily market analysis
October 07, 2020 BY Steffy Bogdanova

Daily market commentary: The dollar continues to behave as a barometer of the markets’ risk appetite

EUROPEAN SHARES European indices ticked higher on Wednesday, continuing the trend registered in Asia overnight, as investors’ risk appetite accelerates. The fact that President Trump has said to be in favour of alternative stimulus measures as well as a new support plan for the airline sector is boosting market sentiment and offsetting this morning’s disappointing…

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forex and crypto market analysis
October 06, 2020 BY Steffy Bogdanova

Daily Market News: Trump departs hospital, markets eye stimulus deal

What to watch Paychex: Small business human resource, payroll and benefits outsourcing firm Paychex’s share price is close to flat year-to-date, lagging the broader market, as widespread unemployment puts its business model under pressure. The company delivers its latest quarterly earnings update on Tuesday, with Wall Street analysts expecting an earnings per share figure of…

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daily market analysis
October 06, 2020 BY Steffy Bogdanova

Daily market commentary: The Dollar Index is almost flat

EUROPEAN SHARES Monday’s optimism on President Trump’s improving health conditions as well as hopes of further stimulus from US lawmakers recently had an important bullish impact on both US and Asian stock markets, however, this sentiment isn’t continuing in Europe today after benchmarks opened mixed. While many investors welcomed the good news from the US,…

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daily market analysis
October 02, 2020 BY Valentina Kirilova

Daily market commentary: Gold spikes up by over $20

GOLD Just a few minutes after the announcement that Donald Trump and his wife tested positive to coronavirus, gold has spiked up by over $20. This happened while S&P and Down Jones futures lost more than 1% and the dollar started to weaken again. Bullion is now testing again the resistance level of $1,920, while…

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