What to watch US jobless claims: Another week of initial jobless claims data will be released on Thursday, after 10 million new people filed for unemployment in the US over the past two weeks. The consensus expectation, which last time was way below the mark, is for a figure of six million this week. Currently,…
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What to watch Pending home sales data: On Monday, the US National Association of Realtors will report its February pending home sales figures. Economists are predicting that there will be significant pullback after a 5.2% bump in January. While the period being reported on doesn’t include the recent depths of the crisis, it may provide…
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OIL Risk-on remains predominant on markets. This is moderately helping the oil price in its attempt at a difficult recovery, as investors are still worried about the huge oversupply that is likely to remain the main topic for the next few months. The WTI price jumped up to $25 in the first part of the…
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Late on Thursday evening, California – which would be the world’s fifth largest economy if it were a separate country – ordered all 40 million residents into lockdown (essential activities exempt) due to the continued spread of the coronavirus. US cases have now passed 10,000 and New York City mayor Bill de Blasio has made…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 9, 2019. See details below: FOREX/BREXIT The Pound touched year lows against the Dollar on Tuesday, trading below $1.2490. Sterling’s fall is explained by ongoing Brexit uncertainty and a slow down in economic activity. Construction and manufacturing activity contracted in…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 5, 2019. See details below: GOLD Investors are all focused on the NFP figures expected in a couple of hours from the U.S. and gold, currently traded at $1,410/1,420, is showing little volatility. From a technical point of view, we…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 28, 2019. The text below is an excerpt and does not contain the full analysis. A bit of volatility comes back into the crypto market and everything goes haywire again. The market that was…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 28, 2019. See details below: EUROPEAN SHARES Asian benchmarks drifted sideways overnight and European stocks had a mixed open this morning. Markets remain steady for the last trading day of the month as the Dondald Trump – Xi Jinping meeting…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 27, 2019. See details below: EUROPEAN SHARES Stocks from Tokyo to London are edging slightly higher today, alongside U.S. Futures. Market sentiment has improved on general optimism towards the upcoming U.S. – China meeting, during which the two super powers…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 26, 2019. The text below is an excerpt and does not contain the full analysis. Welcome to Summer!! Watch out, it's hot. After the prolonged crypto winter that was 2018, this year has seen…
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