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Stocks futures rose on Monday
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: GBP/JPY is now trading within the cloud. A successful attempt to exit the Kumo will trigger the market to higher ground, signaling a new bullish sentiment.
XAG/USD: Silver is hovering between the level 38.2% and 23.6% since the beginning of the Australian session. An upward wave will push prices towards the previous top at 24.901.
US Market View
- Stocks futures rose on Monday, indicating a higher start to the first session of August. Investors are looking forward for a another set of corporate earnings reports and more news about coronavirus cases around the globe.
US Key Point
- Stocks futures rose on Monday.
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus