Brexit is alarmingly approaching deadline without sufficient progress. How do we trade EUR/GBP so far?
Technical Analysis
Information is not investment advice
Investors are watching tensions between the European Union and Britain after the EU demanded "substantive" movement on Tuesday on fisheries, dispute settlement and guarantees of fair competition in their talks on a post-Brexit trade deal.
US stocks are seen opening mixed Tuesday, with the tech sector outperforming ahead of important news from Apple and Amazon, while investors also wait for earnings from the key banking sector.
European stock markets are seen opening mixed Tuesday, with investors having to sift through the conflicting impulses of strong Chinese export data and a setback in the progress towards a Covid-19 vaccine.
Let's follow up on the gold price. Where is it going now and how do we trade it?
JPY is the strongest and the AUD is the weakest
Gold trades slightly below $1 930. This analysis suggests what to get prepared for.
US House Speaker Pelosi said we remain at an impasse in COVID-19 aid talks; Trump admin has called on Congress to pass a stripped-down version of the relief bill.
UK August monthly GDP comes at +2.1% vs +4.6% m/m than expected
WTI oil price is testing the tactical resistance. Will it break it?
US stock markets are indicated to open higher, still supported by hopes of support for the US economy after the administration’s abrupt pivot on Wednesday.
So are we going to see the S&P climb higher or not?