NZDUSD trades 0.15% at 0.6060 consolidating at the 50-day moving average after the recent pullback from monthly highs. ANZ Banking Group earlier today revised down the Fonterra 2020-21
ASX 200 lost 5% on Friday marking the worst day in the last five weeks. Today the index managed to rebound from early losses, with help from banks and gold miners finished 1.41% higher at 5,319.
Nikkei 225 ended slightly lower today as the index failed to break above the critical resistance at the 50-day moving average. Investors will wait for the Fed and ECB decisions
As the new week starts the DAX index and Dow Jones traders’ mood remains upbeat, as the growth rate of new coronavirus cases dropped further over the weekend, and the world is getting ready to open for business. The China PMI on Thursday will give us an idea of what lies ahead in western countries, while the ECB could boost risk-sentiment further if they announce that they will buy junk bonds at their Thursday Rate meeting. The Federal Reserve is also hosting a rate meeting, but the expectations are low. The ISM report, and US Q1 GDP report will also be published, but the reports are bound to be soft, as the US is still under lockdown. On Thursday the focus will also shift to Crude oil prices, as the weekly EIA report is published...
Asian stocks finished higher as the crude oil price rebounds and U.S. senate approve another relief package up to 500...
ASX 200 managed to rebound from early losses that reached 2.3% and return to the unchanged level. Strong retail sales increased by 8.2% in March as consumers
Asian shares trading mixed on Monday amid global recession fears and some hopes that soon the global economy will exit...
While most businesses struggled with the coronavirus pandemic and the consequent lockdowns that followed, Netflix, Tesla, and Amazon have done well. This coming week, these companies are scheduled to announce their earnings reports. Will they impress investors?
Nikkei 225 managed to rebound sharply on positive news from the coronavirus treatment front. Nikkei makes fresh monthly highs as the rebound from the March lows accelerate
Asian markets ended mixed as investors looking for direction in equities after the recent rally from March lows. Weak economic...