Tag: Daily Market News

Daily Market analysis
April 02, 2020 BY Valentina Kirilova

Daily market commentary: China surprises oil markets with its decision to pile up crude oil stocks

EUROPEAN SHARES  Early declines on European stocks erased the advance registered during pre-market trading with uncertainty reigning everywhere this morning. Despite a new stimulus plan announced by Beijing overnight, investor sentiment continues to be dominated by the recent disappointing developments in the struggle to stem the spread of the coronavirus. The death toll continues to…

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Daily Market analysis
March 30, 2020 BY Valentina Kirilova

Daily market commentary: The pound is recording losses

OIL  The weakness of stock markets is adding further bearish pressure on the oil price, with the WTI benchmark again approaching the psychological threshold of $20. Markets are now betting that the crisis could be relatively long, and the barrel is the perfect asset to be shorted by traders. From a technical point of view,…

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forex market crypto news and updates
March 18, 2020 BY Valentina Kirilova

Daily Market News: Market gives back all its gains from St Patrick’s Day rally

News broke yesterday that President Trump’s administration is seeking a trillion-dollar stimulus package that could include sending Americans $1,000 checks in the coming weeks. Following this, 10-year US Treasury yields climbed back above 1%, having been below half that rate earlier in the month. Treasury Secretary Steven Mnuchin reportedly warned Republican senators that without action…

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Daily Market analysis
March 10, 2020 BY Valentina Kirilova

Daily market commentary: The dollar bounces back

ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 10, 2020. This is not a trading advice. See details below: FOREX The dollar bounced back against other major currencies following political statements from the White House that showed a willingness to act, through concerted economic policies, to mitigate the fallout from the…

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