Risk assets are starting week on rise
Risk assets are recovering after a losing streak in the previous week as progress in the extra US stimulus package improved the market sentiment.
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USD surged, gold dropped on Friday
Latest news and the technical analysis fo major pairs are here!
NVIDIA beat earnings forecasts!
The giant chip maker exceeded analysts’ expectations. Even with a global GPU shortage!
OPEC may increase oil supply at meeting on March 4
OPEC will hold a meeting on March 4, where it should announce its decision on further oil output.
Risk on is back on market
The risk-on is back on the market as investors focus on the projections for a stronger-than-expected economic rebound and the Fed’s pledge to prolong support for the rest of the year.
Rise of NZD, dovish Fed, and stocks indices' sell-off
Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.
The USD to get boosted by the US labor market?
On Thursday, February 25, at 15:30, the initial jobless claims will be published in the US.
CHF: losing value
USD/CHF and EUR/CHF rose to tactical highs. What's next?
Pound rallies, Treasury yields are at one-year record high
Riskier currencies such as the GBP, NZD, and AUD skyrocketed to multi-year highs. 10-year Treasury yields rose to the highest level in almost a year. Oil tries to rebound from its previous week's losses.
RBNZ to push the NZD?
On Wednesday, February 24, at 03:00 MT time, RBNZ will provide the Rate Statement and Press Conference.
The GBP needs support
UK will publish the unemployment rate on Tuesday, February 23, at 09:00 MT time.
What does Warren Buffett buy?
Let's see what interesting changes to his portfolio Mr. Buffett has done