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    quotations analysis

    24 June 2020
    JUN 24,2020

    Market Focus A little drama took place this morning where White House adviser said the trade deal between China and US was over. US index plunged in a brief moment, but immediately rebounded after President Donald Trump tweeted and clarified …

    23 June 2020
    JUN 23,2020

    Daily Market Analysis Market Focus After the US data in existing home sales was released, which failed to achieve market expectation, the US dollar’s weakness has navigated the global currency markets’ fluctuation on Monday. Additionally, the US equities markets reject …

    22 June 2020
    JUN 22,2020

    GOLD The price of gold has traded to fresh yearly highs during every single month so far in 2020, and it remains to be seen if the bullish behavior will persist as the rebound from the monthly low (1671) fails …

    19 June 2020
    JUN 19,2020

    Daily Market Analysis Market Focus U.S. shares resumed fluctuating going into the close of trading with investors weighing the latest economic data and reports about fresh outbreaks of the coronavirus. Elsewhere, the Stoxx Europe 600 declined. BOE’s Rate Decision: the …

    18 June 2020
    JUN 18,2020

    Daily Market Analysis Market Focus Fed’s Chief Powell testifies before Congress for a second consecutive day. Among other things, he claimed that the central bank stands ready to do more to aid the economic recovery if more needs to be …

    17 June 2020
    JUN 17,2020

    Daily Market Analysis     Market Focus Stocks rose for a third day as optimism over a recovering U.S. economy overrode concern that coronavirus cases are worsening in locations ranging from Texas to China. Treasury yields rose and the dollar …

    16 June 2020
    JUN 16,2020

    Daily Market Analysis Market Focus The dollar swung at equities’ rhythm this Monday. The greenback benefited from safe-haven demand throughout the first two sessions of the day, amid concerns of a second wave of coronavirus contagions across US states and …

    15 June 2020
    JUN 15,2020

    GOLD Gold markets went on a rally during the week, wiping out the loss from the previous week. However, the market entered a phase of consolidation since Wednesday and has been going up and down between 1723 and 1745 for …

    12 June 2020
    JUN 12,2020

    Daily Market Analysis Market Focus The Dow Jones Industrial Average extended its rout to 7%, with all of its 30 companies dropping. The S&P 500 slumped almost 6%, approaching the 7% threshold that would trigger an exchange-mandated trading pause. Airlines, …

    10 June 2020
    JUN 10,2020

    Daily Market Analysis Market Focus The S&P 500 Index more than 1% and touched its highest level since late February at 3,233 points. With investors looking to books their profits ahead of Wednesday’s FOMC announcements, the index is undergoing a …