EUROPEAN SHARES Share markets opened lower everywhere in Europe on Thursday as uncertainty remains the overriding sentiment and has pushed investors into taking any profits generated by this week’s recovery attempt. The fact remains that investors from around the world have welcomed the recent historical batch of monetary and fiscal responses to coronavirus and these…
Read more
OIL Oil is experiencing a perfect storm in which coronavirus is destroying the demand side, while supply is overwhelmed by the deluge on offer from Saudi Arabia. As a result, the price crashed to an historic low at $20, before attempting a rebound to $23. This scenario will probably not last for long, as for…
Read more
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…
Read more
ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 12, 2020. This is not a trading advice. See details below: FOREX It looks like Thursday will be another day of gains for the Swiss franc and the Japanese yen, as investors seek the refuge of the two safe haven currencies. Last night’s…
Read more
Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 11, 2020. In the UK this morning, the Bank of England cut interest rates by 50 basis points to 0.25% in a near unprecedented step, taking them back to a record low level not seen since…
Read more
ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 11, 2020. This is not a trading advice. See details below: FOREX The pound is up against both the dollar and the euro, following the Bank of England’s surprise announcement of a rate cut and support for bank lending. The unexpected decision is…
Read more
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…
Read more
The following article was submitted by Michael Stark, market analyst at Exness. Probably the biggest event so far this week in markets is the huge slump in the price of major benchmarks for crude oil. Stock markets so far are facing their worst day since the Global Financial Crisis in 2008. Japanese GDP data late…
Read more
ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 6, 2020. This is not a trading advice. See details below: FOREX The dollar’s debacle continues, with losses of almost 3.5% in the last two weeks on the index that tracks the greenback's performance . The threat posed by coronavirus to the growth…
Read more
Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 5, 2020. While the coronavirus epidemic was still very much front of mind on Wednesday, Joe Biden’s Super Tuesday surge in the race for the Democratic nomination drove markets higher. Previously, Bernie Sanders’ former status as…
Read more