The G7 phone conference will highlight the trading session today
Tag - stocks market
Coronavirus continues threatening the markets…
Central banks and governments are presenting their stimulus measures to support the domestic economies amid uneasy times…
The Federal Reserve cut federal funds rate by 50 basis points to a target range of 1.00% to 1.25%.
Global indices are going down as the market gets triggered by the news on coronavirus from the USA and China…
What is going to move the market this week?
An introduction to trading indices
The Fed made a dovish statement yesterday. As a result, the US dollar dipped down, while riskier currencies and stocks significantly rose.
The US dollar is edging higher, driven by the better-than-expected Manufacturing PMI.
Watch the video to get the fresh trading tips for EUR/USD, AUD/USD, S&P 500 and gold!
The US dollar has started the week on the positive footing after the upbeat Friday’s NFP. However, later on, it lost some of its gains as the US stocks reversed from huge losses.
Optimistic vaccine news improved market sentiment. Stocks and riskier assets are rising, while the US dollar is dipping down. Let’s have a closer look.