US final GDP for 2Q -31.4%% vs -31.7% estimate
Tag - gold
The US election is the hottest topic nowadays, which makes the market volatile. Trump-Biden debates deteriorated the market sentiment and pushed stocks down. Jump in for the fresh analysis of the EUR, the AUD, the GBP and gold!
After Trump-Biden debates the market reaction was initially positive, but Trump's refusal to accept election results in case of Biden’s victory deteriorated the overall sentiment.
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.
Asian stocks began the week mostly higher as the region picked up the baton from last Friday’s tech-driven momentum on Wall Street.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US democrats are planning to unveil $2.2 trillion dollars to support the economic activity. That announcement improved the market sentiment after the worse-than-expected US unemployment claims. Jump in for the analysis of EUR/USD, USD/JPY, S&P 500 and gold!
The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.
Gold is steadily plummeting for the third consecutive day. Where is the bottom? Let’s find out.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.