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USD/JPY: The USD/JPY pair is trading within the Kumo. Any decisive movement to the south will push the market to exit the Kumo, confirming a bearish scenario.
Stock futures rose in the beginning of the week, setting stocks up to add to last week’s record levels as markets reacted to positive developments over the COVID19 treatment. Various sector stocks, such as travel and airline are about to rise.
Gold prices topped up on Monday as the dollar dipped, making bullion cheaper for holders of other currencies. Spot gold had an increase 0.5% at $1949.6 per ounce.
Crude oil prices moved higher today as storms bore down on the Gulf of Mexico, shutting more than half the region’s production of oil. Brent crude oil futures added 33 cents or 0.7% and West Texas Intermediate crude was up 29 cents or 0.68%.
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!
