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!
Daily Market Analysis
Information is not investment advice
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.
USD/TRY continues moving upwards after breaking the all-time high of 7.50. Does it have more room to keep rallying? Let’s find out.
U.S. stocks are set to open sharply lower Thursday, with investors disappointed that the Federal Reserve decided against adding more stimulus to advance its goal of spurring inflation.
The Japanese yen gained amid the overall risk-off sentiment on the market. Let’s discuss the details.
USD strengthens further in the post-FOMC Asia session. Read the article to get fresh analysis of EUR/USD, GBP/USD, CAD/JPY and silver!
The Federal Reserve wraps up its regular two-day policy meeting, with the publication of its post-meeting statement at 2 PM ET (1800 GMT), and Chairman Jerome Powell’s press conference half an hour, as usual.
USD/CHF may plummet, if the Fed's statement is dovish. Jump in to know more!
The British pound outperformed the Sweden Krona, but may be pressed down by fears over no-deal Brexit. Let's discuss it in detail!
The Federal Reserve are facing a tricky situation. The US election is approaching which should result in the Fed staying put.
Asian equity markets traded mixed and only partially benefitted from the technology gains in the US.