ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 21, 2019. See details below: GOLD Gold is consolidating after the bullish run seen earlier this week, which pushed price up to a fresh 5-year-high. The decline of the last few hours, from the peak of $1,410 to $1,390 could…
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The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. As the new week is underway, metal prices have come under pressure, and gold prices look ready for a significant decline. Gold prices bottomed out in August 2018, and when crude oil prices and U.S. stock market indices peaked in October 2018,…
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UK markets saw a rather divergent performance yesterday with the FTSE100 slipping back and in the process dropping into negative territory for the year, while the FTSE250 rebounded strongly after its losses on Tuesday. The following post is courtesy of CMC Markets. While the recent rally in the pound may well be a factor in the…
Read moreThe Infographic is based on an analysis of information about currency exchange rates and Brent oil prices for the past 15 years.
Read moreYou wanted volatility to start the new year? Well, you got it. The first Monday back on Wall Street in 2015 sees the Euro take a further dive, and major indexes over 1% in the red. Most notably, oil dipped below $50 for the first time in over 5 years - down as much as 5% on the day.
Read moreHISTORIC drop continues as the ruble fell over 4% against the dollar on Tuesday, its biggest daily decline since 1998, after government forecasts projected a recession and a weak rouble in 2015. Also, Russian Finance Minister gives clues on oil's next potential target.
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