S&P 500 futures are gaining ground in premarket trading as traders cheer positive economic data from China.
US stocks suffered their worst week in over 7 months as the Nasdaq 100, Dow Jones sank. Gold prices fell as the liquid US Dollar rose. The US Presidential Election and rising Covid-19 cases are lik...
Contracts for Euro and Japanese Yen implied volatility versus the U.S. Dollar expiring in a week climbed to their highest since early April.
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While it is a busy week on the economic calendar, with monetary policy also in focus, the U.S Presidential Election, COVID-19, and Brexit will be the main events.
U.S mortgage rates hold steady in spite of the risk aversion in the week. The U.S Presidential Election should move the dial in the week ahead.
Riskier assets took a hit, as COVID-19 news and jitters ahead of next weeks U.S Presidential Election weighed.
A particularly bearish final week of the month left the European majors in the deep red, with COVID-19 and U.S Presidential Election jitters weighing.
Market speculators are really bullish on this pair as they target a potential of a hundred and sixty five pips trade as market structure is confirming bullish sentiment as we view an inner W pattern formation inside a larger W pattern formation.
The world-concerned US presidential election is about to be held within less than a week. Before the reveal of the Biden family’s corruption scandal, I believed that Joe Biden was certain to win with a 17-point lead over Trump. But the situation is different now as Biden’s approval rating remains skewed to the downside with an only 7-point lead.
S&P 500 futures are losing ground in premarket trading as traders sell shares of leading tech stocks after the release of their earnings reports.
Without Facebook, Apple, Amazon, Netflix and Alphabet – the so-called FAANG stocks – the S&P 500 would be down about 4% in 2020 – Bespoke
Communication services, materials and technology rose the most among major S&P sectors.
ECB Pre-Commits to More QE in December, EUR/USD and DAX Reaction
Economic data from the Eurozone and U.S politics will be key drivers today, though COVID-19 will continue to be an area of focus.
People seldom make the right decision.
The ECB and economic data will need to impress to shift market sentiment towards COVID-19. With no vaccine, however, it may be a tall order…
The World Trade Organization‘s effort to select a leader and chart a new course for the global trading system hit a roadblock Wednesday after the Trump administration vetoed a bid by front-runner Ngozi Okonjo-Iweala, who is a U.S. citizen, to be the WTO’s next director-general.
Concerns over the spread of COVID-19 weigh on shares
For six straight days trading session, this pair was in a strong bullish drive as market speculators ensured price action was in a buyer’s territory as they breached not only the falling deep wedge pattern formation but also the previous resistance zone area around price level handle of 0.876, now turned support area.
WikiFX | News 2020/11/30 5:54:56
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