The Dow Jones rallied by more than 183 points in the futures market, adding to the 100 points made yesterday....
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JoinedMar 22, 2020, 20:04 GMT
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The USDNOK pair declined by more than 50 basis points as the crude oil price rallied today. This made the Norwegian krone the second best-performing currency in the developed world after the Australian dollar. It is now trading at 9.5550, which is its lowest level since March 11.
The GBPUSD pair is sitting pretty at a three-week high even as the market braces for confrontation as the final round of Brexit talks start. The pair is trading at 1.2513, which is the highest it has been since May.
The DAX index is the best-performing index in Europe today as investors cheered more stimulus from Germany. The index rose...
The Hang Seng index rallied for the second straight day as Hong Kong leader, Carrie Lam, drew parallels of the ongoing protests. The index is up by 70 basis points to $23,904, which is the highest it has been in almost 2 weeks.
The ASX 200 index rose by more than 70 basis points as the Australian central bank committed to lower interest...
The Nikkei 225 index rallied today as investors cheered the reopening of the Japanese economy and the launch of new antibody tests in the country. Beermaker, Asahi was the top performer in the index.
AvaTrade is one of the popular CFD and FX brokers globally. One of the aspects that have contributed to its...
In the coming week, we will receive important manufacturing and service PMI data from most countries. The data will start on Sunday when China Logistics will release the manufacturing and services PMI data for China. Analysts expect the manufacturing PMI to climb to 51.0 from the previous 50.8. A private survey by Caixin will be released on Monday but this is expected to show that the PMI declined to 49.6.
Other key PMIs to watch will be from the UK, eurozone, Germany, and the United States.
The Dow Jones added to yesterday’s loss as investors awaited an important speech by Donald Trump on China. The index...
FTSE 100 slipped by more than 1.1% as investors remained wary about the rising tensions between the United States and China. The index is trading at £6,150, which is lower than this week’s high of more than £6,234. The biggest laggard in the index was Rolls Royce, whose shares fell sharply following a debt downgrade earlier this week.
DAX index declined by more than 1 per cent as investors remained wary of the rising tensions between US and...