Gold exceeded $2.000 per ounce
Gold exceeded $2.000 per ounce. Stock futures rose on Wednesday as investors awaited further updates on stimulus talks.
The US dollar suffers its worst month in a decade
Information is not investment advice
Ichimoku Kinko Hyo
USD/JPY: USD/JPY has just surpassed the Kumo, indicating strong bullish momentum.
Fibonacci Levels
XAU/USD: Gold reached the support level at 38.2% in today’s session. Further drop of the market will push prices lower towards the 50% of the Fibonacci retracement level.
US Market View
- Coronavirus: US cases jump by 67.000, US agrees to pay Sanofi and GSK 2.1 billion dollars for 100 million doses of coronavirus vaccine.
- The US dollar suffers its worst month in a decade.
- US private consumption was recovering in May and June but remained 6.5% below the pre-corona peak level in Feb.
- Canadian GDP (M/M) May: 4.5% (est. 3.5%; prev -11.6%)
- Canadian GDP (Y/Y) May: -13.8% (est -14.6%; prev -17.1%)
US Key Point
- EURUSD touched briefly the 1.1900 handle but was unable to stay above that level.
Similar
New COVID-19 cases globally have been on the rise lately
New COVID-19 cases globally have been on the rise lately, although it is too early to call them second waves in most countries.
Stock futures drift lower as earnings expected
With the pandemic claiming about 1000 lives a day in the United States, many departments said they lack the money and the staff to identify people who have been exposed, according to a survey of a 121 local agencies.
Popular
COVID VACCINE KEEPS TRADERS OPTIMISTIC
Futures tracking the S&P 500 index hit a record high on Tuesday as investors shrugged off simmering US-China tensions to bet on a stimulus-led economic recovery from the COVID-19 pandemic.
Gold fell below $2 000 first time in a week
XAU/USD is decreasing for the third day in a row. What are the reasons?
Exuberance and Optimism Keep Going
Russian health ministry has approved coronavirus vaccine developed by Moscow's Gamaleya Institute. He hopes Russia will start mass production of coronavirus vaccine very soon.
Choose your payment system
