Crude oil price wavered in overnight trading even after the positive information released by the Energy Information Administration (EIA).
PositionMarket Analyst (Writer)
JoinedMar 22, 2020, 20:04 GMT
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The Nasdaq 100 index wavered today as the market reacted to several important news, including an eagerly awaited speech by Jerome Powell. Another big news was the simmering tensions between the United States and China.
The Dow Jones index rose slightly in the futures market as sentiment improved following yesterday’s selloff. The index is up by about 135 points, with most companies being in the green in the premarket. There are several moving parts in this price action.
Silver price (XAGUSD) is ready for a breakout if the technical chart patterns and fundamental issues are to go by.
German stocks tumbled today as the market remained increasingly worried about the health of the global economy. The blue-chip, DAX...
UK stocks declined after a series of weak corporate and economic data. The blue-chip FTSE 100 index declined by more than 1.10% led by travel-related companies like Carnival, Intercontinental, and EasyJet. This is after it emerged that the country could be in a longer lockdown than earlier expected.
The GBPUSD pair rose slightly after the ONS released weak GDP data for the first quarter. The pair moved slightly...
The EURUSD pair was little changed ahead of the Producer Price Index (PPI) data from the United States. The PPI, which is an important measure of inflation, will come a day after the country released weak consumer price data.
The EURUSD pair shot up after the Bureau of Labor Statistics (BLS) released terrible consumer price data. US CPI disappoints...
The Dow Jones index edged higher as the market reacted to important news about trade and the Federal Reserve. Federal...
The EURGBP pair was little changed as the market paid attention to the ongoing Brexit talks, the fight between Germany and EU and the reopening plans by most EU countries.
The DAX index was little changed today as the market reflected on news from Germany and around the world. Among the most urgent was a sudden increase in coronavirus infections in important countries like Germany, China, and South Korea. There are also risks of a fresh wave of a trade war.