Market News

The European Union just reached a historic deal on a stimulus plan whose purpose is aiding the economy of the bloc to recover, after five days of negotiations.

Gold and Silver hit record highs; NASDAQ 100 Index near all-time high; Euro strong

The Euro remains close to the recently struck 19-week peak after Charles Michel, Chairman of the EU Summit, said that a fund to help EU economies recover from the ravages of the Coronavirus pandemic could include grants up to €390 billion.

According to New Zealand's Finance Minister, the economy is doing better than expected mainly due to the country's early economic and health response to the coronavirus pandemic.

Stock markets mostly seeing weak selling; Gold and Silver near record highs; Euro strong

The greenback is trying to hold onto recent gains as a result of safe-haven flows as concerns of a Coronavirus resurgence grow.

The Pound Sterling edged lower as the appetite for risk waned among FX traders, and sent them over to the safe-haven currencies instead.

Yesterday, relevant data about China's economic performance was released.

Stock markets being sold; Silver closes at record high against U.S. Dollar; U.S. Dollar comes back against riskier assets

The Pound Sterling edged higher against a weakened greenback as risk sentiment improved during the London trade on Wednesday.

Yesterday, the oil markets advanced in light of a higher than expected drop in crude oil inventories.

Moderna announces trial producing antibodies; Stock markets higher; Silver, Euro close at record highs against U.S. Dollar

The US Dollar edged higher against many of its major rivals, finding support as a safe-haven currency as concerns over the US-Sino trade rift escalate along with fears of a worsening Covid-19 pandemic in the US.

According to data released by the General Administration of Customs of the People’s Republic of China, Chinese imports and exports rose unexpectedly in June.

Stocks sold off in last hours; U.S. takes stand against China’s maritime claims; California rolls back re-openings as coronavirus soars