Tag: Stock markets

August 31, 2020 BY Steffy Bogdanova

Weekly forex data: the RBA’s meeting and the NFP

Key data this week Bold indicates the most important releases for this symbol. Tuesday 1 September, 13.30 GMT: Canadian Markit manufacturing PMI (August) - consensus 53, previous 52.9 Tuesday 1 September, 13.45 GMT: American Markit manufacturing PMI (final, August) - consensus 53.6, previous 50.9 Tuesday 1 September, 14.00 GMT: ISM manufacturing PMI (August) - consensus…

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August 24, 2020 BY Valentina Kirilova

Weekly forex data: GDP around the world

Key data this week Bold indicates the most important releases for this symbol. Tuesday 25 August, 6.00 GMT: German quarterly GDP growth (final, Q2) - consensus -10.1%, previous -2% Tuesday 25 August, 6.00 GMT: German annual GDP growth (final, Q2) - consensus -11.7%, previous -2.3% Tuesday 25 August, 8.00 GMT: Ifo Business Climate (August) -…

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July 06, 2020 BY Valentina Kirilova

Weekly data preview: focus on the RBA as reopening continues

With volume of both buying and selling having declined, this could be the beginning of the accumulation phase of a new uptrend. Confirmation could be sought from studying behaviour around near-term resistances, primarily the 50 and 100 SMAs not far above the current price. Two crucial events this week though will mean that fundamentals are…

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forex and crypto market analysis
June 08, 2020 BY Valentina Kirilova

Daily Market News: Global stock markets move higher despite US unemployment figure error

What to watch Coupa Software: California-based Coupa provides software that helps large companies maintain oversight of how money and resources are spent within their businesses. The firm’s share price has jumped 48% year-to-date and is up almost 80% over the past 12 months, as cloud-based software providers have become an investor favourite with large swathes…

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weekly markets analysis
April 27, 2020 BY Steffy Bogdanova

Weekly data preview: all eyes on central banks

Wednesday is the big day this week for dollar-yen, with advance quarterly GDP data from the USA coming ahead of the FOMC’s meeting. Very poor data is already priced in but how the Fed interprets the figures might be key for ongoing direction in the latter part of the week. Key data points Wednesday 29…

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weekly markets analysis
April 13, 2020 BY Valentina Kirilova

Weekly data preview: decreasing fear could hit gold

Key data points Tuesday 14 April (all day): G7’s video meeting Wednesday 15 April, 12.30 GMT: American monthly retail sales (March) - consensus -7%, previous -0.5% Thursday 16 April, 12.30 GMT: American initial jobless claims (11 Apr) - consensus 4.7 million, previous 6.6 million Brent, four-hour There hasn’t been any ongoing direction for crude oil…

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the Dow Jones is up by 30% from its March low
April 10, 2020 BY Valentina Kirilova

Don’t be surprised by the sharp rise in the Dow Jones

China 2020 Earlier this year, the same happened. When the coronavirus cases started to pick up in China, the Shanghai composite started to decline. The cases picked up quickly. However, the Chinese government acted fast, and on February 4, the Shanghai composite bottomed out, and about one day later, we saw the peak in the…

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forex market crypto news and updates
May 15, 2019 BY Valentina Kirilova

Daily Market News: Weak Chinese data, strong stocks

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 15, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Weak Chinese Data; Strong Stocks Tokenizing Metals Please note: All data, figures & graphs are valid as…

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