ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 17, 2020. This is not a trading advice. See details below: GOLD Despite the rebound of European stocks, gold is unable to sustain any solid recovery and is still trading below $1,500. Yesterday we had a first attempt at a recovery, as the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 17, 2020. In a reversal of fortune, having posted one of their worst days in history on Monday, US indices were halted by their 5% limit-up circuit breaker as the market bounced overnight. They have since…
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The following article was submitted by Michael Stark, market analyst at Exness. Markets are now entering their fourth week of ‘panic mode’ as the coronavirus and measures to tackle its spread seem set to cause a recession around the world this year. This week’s most important regular data is claimant count change from the UK…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 16, 2020. The Federal Reserve stepped up its response to the coronavirus epidemic last night, cutting the benchmark interest rate to a 0-0.25% range and announcing that it will buy $700bn in US Treasuries and mortgage…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 16, 2020. This is not a trading advice. See details below: GOLD The gold price jumped up to $1,570 on today’s open, far higher than Friday’s close, before returning to $1,535. Despite the huge liquidity that the Federal Reserve is splashing into markets,…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for March 13, 2020. This is not a trading advice. See details below: EUROPEAN SHARES Share markets are rebounding slightly on Friday in an attempt of a price stabilization following the worst sell-off since the 1987 crisis. This bullish opening on EU shares has been…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 12, 2020. President Trump took drastic action on Wednesday night, shutting off travel between the US and Europe (excluding the UK) for 30 days, in a move expected to rattle markets and has sent them further…
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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…
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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…
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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…
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