The NZDUSD pair soared by more than 1.35% today, making the kiwi one of the best-performing currencies in the developed...
PositionMarket Analyst (Writer)
JoinedMar 22, 2020, 20:04 GMT
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German stocks rose today as the market continued to focus on the reopening of the economy and the Lufthansa bailout. The DAX index, which is the German equivalent to Dow Jones, rose by more than 62 basis points today.
Copper price crawled back after tanking to $2.3845 on Friday after China unveiled a new bill on Hong Ko ng security. The price is now trading at $2.435, which is a few points below the Thursday high of $2.4685.
Hong Kong shares crawled back today as investors reacted to China’s reassurance on Hong Kong. The blue-chip Hang Seng index is up by more than 2 per cent after having the worst two days since 2015. All companies in the index were in the green today.
Japan stocks surged a day after Shinzo Abe declared victory on the coronavirus pandemic. The Nikkei 225, which is made...
Silver price (XAGUSD) rally hit a break today as investors took profit after the price hit an important resistance level....
The USDZAR was little changed as the South African rand remained steady against the USD. The pair is trading at...
The USDHKD remained stable even as Hong Kong remained in crisis following the decision by China to bypass Hong Kong law. The USDHKD is trading at 7.7540, which is slightly above the YTD low of 7.7495.
The EURGBP pair declined slightly as the market reacted to mixed economic data from Europe. The pair is trading at...
The DAX index rose by more than 0.75% as investors reacted to the positive news about Bayer. The index also rose as investors started to price a bottom after the German economy contracted at the fastest pace since 2009. It also shrugged-of the brewing tensions between China and the US.
The Hang Seng was the worst-performing major index in Asia-Pacific today. The index declined by almost one per cent while the Shanghai composite declined by 0.17%. The Nikkei 225, ASX, and KOSPI rose by 1.50%, 1.80%, and 0.82% respectively.
The NZDUSD was little changed as the market reacted to a 5.8 magnitude earthquake in New Zealand. The pair is...