European stocks turned in a mixed performance on Friday as investors largely refrained from making significant moves amid worries about U.S.-China tensions.
Continued worries about the economic impact of the coronavirus outbreak weighed as well.
Markets got some support after the minutes of the Euro
USD/CHF is down for a second consecutive day.
The level to beat for bears is the 0.9700 figure.
USD/CHF daily chart
USD/CHF is trading down for the second consecutive day after rejecting the 0.9800 figure and the 200 SMA on the daily chart while testing the 0.9700 level and the 100 SMA.
Indian shares may open higher on Friday, mirroring positive global cues after several U.S. companies posted better-than-expected earnings overnight and the Bank of England kept the door open for more stimulus next month.
Meanwhile, the Bloomberg reported that top Chinese and U.S. trade negotiators w
Friday's NFP data from US will be critical for gold.
Non-manufacturing PMI figures from major economies will be watched closely.
After posting heavy losses on Thursday, the XAU/USD pair staged a rebound on Friday and closed the week a little above $1,700. On a weekly basis, however, the pair erased
Speaking of bond funds, everyone should not be unfamiliar now, but when it comes to partial debt funds, many people don't know what it means. Today, I will introduce to you what is a partial debt fund and look at partial debt funds. How to choose funds.What is a partial debt fundThe so-called partia
The US dollar came under pressure last week as risk assets rebounded. However, analysts at Goldman Sachs feel the greenback could soon go up as the historic rally is not quite over.
The dollar index, which tracks the value of the greenback against majors, fell from 103 to 98.27 last week, as the S&
WTI extends recovery gains as the US dollar weakness helps the commodities.
Efforts are being made between the US and Saudi Arabia to maintain oil prices.
The US stockpiles also registered draw.
Two rockets fired on the US embassy in Baghdad.
With the US dollar weakness joining hands with the price
AUD/USD is off session lows but remains on the offer amid risk-off in stocks.
Technical indicators like the RSI are reporting oversold conditions.
Australia's stimulus announcement has so far failed to boost risk appetite.
The AUD/USD pair has recovered slightly from session lows with technical c
The GOLD is very bearish. The price is consolidating below 1550 and 1450. While the price is below 1550 we should see a move lower.
1550 zone is the crucial for bearish downtrend. Ne rejections should happen between 1525-50 towards 1475. If we see a close below 1475, watch for the bearish continuat
Daily Pivots: (S1) 1.2011; (P) 1.2070; (R1) 1.2102;
GBP/USD’s decline accelerated to as low as 1.1449 so far and there is no sign of bottoming yet. Intraday bias remains on the downside at this point. Sustained break of 261.8% projection of 1.3514 to 1.2905 from 1.3200 at 1.1606 will pave the way to
Gold has pulled back from session highs near $1,546.
The S&P 500 futures are flashing red, while stocks in China are reporting gains.
The US monetary and fiscal stimulus could bode well for the zero-yielding safe-haven metal.
Gold is currently trading at $1,533 per Oz, having set a session hi
In a very surprising move, FOMC has implemented another emergency cut, the second time in two weeks, to combat the negative impacts of the coronavirus outbreak. Originating in China, the virus has officially evolved into a pandemic affecting almost 100 countries and territories in the world.
Stocks printed a huge bullish reversal on Tuesday.
Stocks had a huge day, gaining nearly 5% on the day. There are bearish divergencs on the oscillators which we often see at cycle lows. Tuesday was only day 26 for the daily equity cycle, which is early to expect a daily cycle low. But given the e
Pandemonium at the open as investors wake up shell shocked to the realization that last nights risk meltdown nightmare wasn't a bad dream
Market sentiment plummets
Complete pandemonium at the open as investors wake up shell shocked to the realization that last night's risk meltdown nightmare wasn't
It was another roller-coaster ride in the markets today.
Stocks opened slightly higher then dropped.
But an emergency announcement by the Fed helped stocks rally to session highs.
The Fed announced an emergency rate cut by a half point to help with the impact of the coronavirus. T