The Hang Seng index soared for the second straight day as the market reacted to the improving macroeconomic situation. The...
PositionMarket Analyst (Writer)
JoinedMar 22, 2020, 20:04 GMT
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The Nikkei 225 index rose by more than 2 per cent as the market continued to react to the positive news by Moderna yesterday. The company said that its vaccine was showing signs of progress in initial tests. The market is also reacting to positive signs that the coronavirus pandemic is slowing down in Japan.
The USDCAD pair declined today as the market reacted to the surging crude oil price. The pair dropped to an intraday low of 1.4000 as the Canadian dollar continued to surge. The CAD also gained against other peers like the British pound and euro.
The S&P 500 index soared by more than 2.50 per cent as the market reacted to several positive news and...
Copper price rose by more than 2 per cent today as the market refocused on the reopening of most economies. Other metals like silver, gold, and palladium also rose. The same was true for other commodities like crude oil and soybeans.
Silver was one of the best-performing metals in the market today as the market reacted to an interview the Federal...
The FTSE 100 index soared by more than 2 per cent as investors cheered the resurgence of the commodities market. The market also cheered the decline of number of coronavirus cases in Europe and ignored the Brexit skirmishes.
Crude oil price rose today as the market reacted to improved momentum on supplies and demand. The price of Brent rose to a high of 33.70 while the West Texas Intermediate (WTI) rose to above $30 for the first time in two months.
Hong Kong stocks rose as the market reacted to higher crude oil prices. The blue-chip Hang Seng index, which tracks...
Gold price (XAUUSD) soared to the highest level in seven months as US and China trade conflict converged with a warning by Jerome Powell about the US economy.
Lloyds share price tumbled by more than 35 basis points as the market grew concerned about Brexit, negative interest rates, and the health of the UK economy. Shares of the UK bank are now trading at p28.52, which is close to its lowest level since 2012.
The EUR to GBP (EURGBP) pair rose slightly as the market reacted to disappointing GDP data from Europe and the ongoing Brexit talks.












