Tag: forex

daily market analysis
June 29, 2020 BY Valentina Kirilova

Daily market commentary: The gold price is slowing down

EUROPEAN SHARES  European equities surprisingly opened higher following drops in Asian shares overnight where last week’s global risk-off sentiment continues. Bull traders managed to take control of European markets at the opening bell after China, EU’s second largest trading partner, published much-improved industrial production figures for May. However, this initial spike is likely to be…

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daily market analysis
June 26, 2020 BY Valentina Kirilova

Daily market commentary: The dollar index remains stable

EUROPEAN SHARES European shares opened without clear direction on Friday as market sentiment remains mixed for the end of the week. Despite a strong optimistic tone registered in June, investors’ risk appetite is now tempered by a renewed momentum in daily virus cases in many areas, as well as rising trade tensions between Washington and…

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June 23, 2020 BY Valentina Kirilova

Midweek data preview: German sentiment and US GDP in view

Key data points Bold indicates the most important releases for this symbol. Wednesday 24 June, 8.00 GMT: Ifo business climate (June) - consensus 85, previous 79.5 Thursday 25 June, 6.00 GMT: GfK consumer confidence (July) - consensus -12, previous -18.3 Gold-dollar, four-hour Gold has made gains in most of its pairs since the end of…

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daily market analysis
June 23, 2020 BY Valentina Kirilova

Daily market commentary: The spot price of gold remains steady

EUROPEAN SHARES  European stock indices opened significantly higher on Tuesday after Washington reassured investors on the state of the US’ relationship with China with President Trump stating the trade deal signed with Beijing in January was still “intact”. These few words were enough to offset recent uncertainty surrounding risk assets, reviving market sentiment and driving…

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