Global stocks in Ris...from Zacktrading

Global stocks in Risk-On mood w/Asia equities advance most in a week after positive handover from Wall St: S&P 500 near pre-pandemic high. Bonds steady w/US 10y at 0.58%. Dollar a tad weaker w/Euro at $1.1750. Gold weaker at $2,014. Bitcoin at $11.8k. #StockMarket# #S&P500# #gold# #EUR/USD# #Bitcoin# #ForexForecast#

Edited 11 Aug 2020, 13:39

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Trump's trade-deficit-reduction-efforts failed: US trade deficit widened in August to most since 2006, w/overall trade gap in goods & services increasing to $67.1bn from $63.4bn in July. Total imports increased by 3.2% to $239bn, while exports rose 2.2% MoM to $171.9bn. (via BBG). #USeconomy# #investment# #trading#

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Dow rallies >500 points for its best day since July after President Trump tweeted support for aid to airlines and other stimulus measures, stoking hope that a smaller aid package could be passed by lawmakers. #DOW# #StockMarket#

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Hi from Germany, where parts of middle class can no longer afford real estate. This is not only b/c of increased house prices but also b/c subprime loans have become unaffordable. Risk premium for loans w/o down payment has jumped to 0.83%. #Germany# #EconomicCalendar# #investment#

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