Tag: Covid-19 vaccine

daily market analysis
December 17, 2020 BY Steffy Bogdanova

Daily market commentary: Gold touches a new 3-week-high

GOLD A weak US dollar combined with a new stimulus and a dovish Fed have created the perfect scenario for a new rebound for bullion. After some initial uncertainty, the positive momentum that has driven gold in the last few days has accelerated with the price jumping above the resistance level of $1,872-$1,875 to touch…

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forex and crypto market analysis
December 04, 2020 BY Steffy Bogdanova

Daily Market News: OPEC and Russia compromise on oil output

What to watch US jobs report: All eyes will be on November’s job report from the Bureau of Labor Statistics on Friday, investors will be watching to see whether surging Covid-19 case numbers in the US have damaged the labour market. In October, jobs growth was better than expected, and the unemployment rate fell to…

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forex and crypto market analysis
December 03, 2020 BY Steffy Bogdanova

Daily Market News: Oil gains on OPEC+ cut talks

What to watch Dollar General: Discount retailer Dollar General has added almost 40% to its share price in 2020, taking its market cap past the $50bn mark. Along with other discount retailers, Dollar General’s gains this year have been driven by consumers stocking up on staples, and turning to cheaper options in the face of…

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