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The Bank of England is expected to keep its monetary policy unchanged this Thursday.
Ichimoku Kinko Hyo
AUD/JPY: The pair is now trading within the Kumo. A break through the cloud will push prices lower, confirming the bearish scenario and lower levels.
Fibonacci Levels
XPT/USD: Platinum is moving sideways below the level of 50% of Fibonacci retracement levels. A successful attempt to exceed this level will push prices higher, confirming a bullish outlook.
European Market View
More lockdowns due to increased figures from COVID-19. The Coronavirus continues with second waves escalating around the globe.
During the weekend, the rift between the US and China became wider as President Trump plans to ban Tik Tok.
The Bank of England is expected to keep its monetary policy unchanged this Thursday.
Following previous week’s some important corporate results, earnings season will continue this week.
European Key Point
The U.S. Commerce Department said it will issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20.
After yesterday's equity sell-off things are looking mixed in the Asian session this morning.
US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.
The New Zealand dollar is rising for the sixth straight day, outperforming its major peers. What is the reason? Let’s find out!
The U.S. Commerce Department said it will issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20.
Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June!
