years on the market
Thursday, May 7th—today's news: European markets rise amid the unexpected recovery in China's exports. The UK GDP is to fall by 14% in 2020, the US markets await new jobless claims data. EUR/USD is at 1.0791, GBP/USD—1.2372; Brent oil is $31.06 ...
Wednesday, May 6th—today's news: researchers find a new, more contagious strain of COVID-19 in the US. European corporate profits drop amid the pandemic, the US-China trade war is about to escalate further, experts say. EUR/USD is at 1.0801, GBP/USD—1.2384; Brent oil is $31 ...
Thursday, April 30th—today's news: oil giant Shell cuts dividends for the first time since WW2. European markets await the ECB meeting, cryptocurrency market surged $35 billion in the last 24 hours propelled by a jump in bitcoin. EUR/USD is at 1.0878, GBP/USD—1.2494; Brent ...
As part of the crisis response measures in the US, the Federal Reserve cut the interest rate to nearly zero, and provided $2.3 trillion to support the economy. Other governments are not far behind, consistently throwing liquidity at the coronavirus crisis. Traders and investors should be ready for even ...
Wednesday, April 29th—today's news: Fitch cuts Italy's credit rating to just one notch above junk. The US dollar remains a safe bet for investors, Dow Jones is rising on the optimism over the economy's reopening and the Fed extending the stimulus. EUR/USD is at 1 ...
Tuesday, April 28th—today's news: oil prices resume decline. The US dollar is rising, Germany's economy to shrink 6.6% in 2020. EUR/USD is at 1.0848, GBP/USD—1.2458; Brent oil is $22.70 per barrel, gold is $1,717.50. Read the daily selection ...
Monday, April 27th—today's news: traders turn away from the US dollar as countries announce easing of coronavirus restrictions. The EU markets are trading higher due to the same reason, shares of European airlines rise on government bailouts EUR/USD is at 1.0849, GBP/USD—1.2433; Brent ...
Friday, April 24rd—today's news: Gilead's new coronavirus drug fails its first randomized trial. European markets are pessimistic over the pandemic outlook and the EU's measures to curb its economic impact. EUR/USD is at 1.0763, GBP/USD—1.2321; Brent oil is $21,32 per ...
On April 20th, the oil market was shaken by a unique historic collapse of WTI crude oil futures contracts: the price went below zero, as low as minus $40 per barrel. The spot price at the time was $15. Can there be a negative oil spot price, and should private ...
Thursday, April 23rd—today's news: the eurozone business activity hits record lows. Analysts say the oil prices will turn negative again after a short rebound. EUR/USD is at 1.0791, GBP/USD—1.2349; Brent oil is $22.15 per barrel, gold is $1,751.20. Read the ...