Coronavirus

Market Brief: Asian Markets Higher as Coronavirus Fears Ease; USDJPY Hangs on to Support

Coronavirus Concerns Abated As fears of the coronavirus recede, the Nikkei 225 finished today’s trading 112.7 points or 0.49% higher…

Feb 04, 2020, 08:30 GMT

EURUSD Retests Neckline of H&S for Resistance; Coronavirus Fears Could Trigger Sell-Off

EURUSD Sell-Off Not Yet Over? On the daily time frame, we can see that EURUSD has made its way back…

Feb 04, 2020, 08:00 GMT

WTI Crude Oil Price Bounces from 13-Month Lows, Cautiously Trades Above $50.00

WTI crude oil price CFDs are up close to $1 from its Asian session lows as market sentiment has improved.…

Feb 04, 2020, 07:00 GMT

Gold Price Falls Below Trend Line Support: Could the Rally be Over?

What Pushed Gold Price Lower? The recent rally on gold price has mostly been driven by fears around the coronavirus…

Feb 04, 2020, 06:00 GMT

Bitcoin Prices Stall At Critical Resistance As PBoC Injects Liquidity

In response to the coronavirus outbreak, the Peoples Bank of China (PBoC) has injected the sum of $173billion to stave…

Feb 03, 2020, 17:22 GMT

Dow Futures Recover Slightly After China Sell-Off; Could Still Push Lower

Dow Jones futures recovered slightly today and point to a higher open for US markets as China’s markets opened after…

Feb 03, 2020, 14:34 GMT

Nasdaq 100 Premarket: Futures Retreat on PBOC Liquidity Injection

Nasdaq 100 futures recover some of Friday loses as the PBOC took measures to eliminate the negative impact of the…

Feb 03, 2020, 14:23 GMT

Coronavirus: OPEC Plans Output Cuts to Shore Up Crude Oil Price

Crude oil price on the Brent and WTI varieties were slightly higher on the day as a Reuters report indicates…

Feb 03, 2020, 12:28 GMT

Ripple Price Stalls At Key Resistance as PBoC Injects Liquidity

Ripple price action has stalled at the key resistance area of 0.25308 as attempts to push further to the upside…

Feb 03, 2020, 10:54 GMT

Market Brief: Shanghai Tumbles on Coronavirus – PBOC Steps In

Chinese stocks tumbled in the first trading session after the holiday of the Lunar New Year. The Shanghai Composite is…

Feb 03, 2020, 08:36 GMT

Shanghai Composite Plunges By 8.75% on Coronavirus Shutdown, What Lies Ahead?

Today, after being closed for the celebration of the Chinese New Year on January 23, the Shanghai Composite started trading…

Feb 03, 2020, 08:10 GMT

Crude Oil Price Slides Lower on WHO’s Coronavirus Announcement

Crude oil price on Brent and the WTI varieties extended their steep slides on the week as Coronavirus-induced risk-off sentiment…

Jan 31, 2020, 17:25 GMT