EURGBP is giving up 1.12% at 0.8351 on general GBP strength across the board. The Conservatives cleared a parliamentary majority in UK elections that opens the way for the Brexit on January 31st. The doubts now on Brexit deal move to the uncertainty around the relationship between UK and EU [...]
The DAX index is trading in the green at the start of today’s trading session. Germany’s blue-chip stock index is up roughly 174.68 points or 1.32% at 13,396.32 as risk appetite dominate investor sentiment. US-China Trade Deal Happening Soon? First, US President Donald Trump initially sparked the rally in US [...]
FTSE 100 started higher today after yesterday’s election. The Conservative party and Boris Johnson secured a clear majority and that opens the way for the much anticipated Brexit. Borris Johnson in his speech said that the UK will leave the European Union on January 31st. Stocks around the globe cheered [...]
The Dow Jones tapped a new record-high in yesterday’s trading as US President Donald Trump hinted that a US-China trade deal is imminent. The US’ blue-chip stock index rallied to a high of 28,231.3 before it finished the day with a 220.8-point or 0.79% gain at 28,132.1. 25/30 Stocks Finish [...]
NZDUSD trades 0.22% higher at 0.6611 making fresh six-month highs after reports that China and U.S. have reached a trade deal to cancel the new tariffs planned to impose on December 15. The USA also offered to reduce by 50% the existing tariffs on 360 billion Chinese products. Investors sentiment [...]
Crude oil price struggled hard to clear the resistance at 58.68 for two consecutive times. However, the crude bulls finaly managed to clear the resistance at 58.68. The bulls are currently eyeing for the critical resistance at 59.76. A daily crossing of the price above that level might push the [...]
Asian equities markets and risk currencies are in the green as risk appetite dominate this morning's session. The Hang Seng index is up 572.7 points or 2.12% at 27,566.8 while the Nikkei 225 is up 617.4 points or 2.64% at 24,042.2. As for currencies, AUDUSD is up 15 pips at [...]
Bitcoin price sharply fell in the global market after hitting the major resistance at $7640.2. From that level, the BTC/USD pair started its bearish correction. The pair found some decent support at $7166.8. Any bullish price action signal might bring the bitcoin price towards the critical resistance at $7640.2. A [...]
