The week is going to be interesting for traders! Eurozone’s ZEW Economic Sentiment, US Inflation Rate, and OPEC+ meeting will shake the markets.
Tag - metal
GBP/USD consolidates gains around 1.3950 amid firmer US dollar.
Ichimoku Kinko Hyo GBP/JPY: The pair is trading below the cloud…
The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.
Asia-Pac lacked firm direction as risk appetite was sapped by holiday closures for many key markets in the region and following an uninspired handover from the US.
Asian equities were mostly positive after the stimulus-driven momentum on Wall St. which lifted all major US indices to fresh unprecedented levels.
Global equity markets have scaled record highs in recent days on hopes for a faster economic revival led by successful vaccine rollouts and expectations of a large US pandemic relief package.
Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by the optimism of a $1.9 trillion fiscal stimulus plan to help revive the US economy.
US President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world's largest economy and accelerate its response to COVID-19
Here is the technical analysis of GBP/USD, EUR/JPY, silver, and AUD/JPY!
Boris Johnson is holding emergency talks to avert Christmas food shortages after France banned freight and travel from the UK.
US stocks are set to open mixed, ahead of the ‘quadruple witching’ today as December options contracts on stocks, indices, and other products all expire.