Stock markets falling as new cases climb strongly in U.S.; 10 million cases, Half a million deaths; Gold hits new 8-year high; Forex seeing short-term risk recovery as week begins
The U.S. struggled on Friday afternoon in Asia, trading around 97.35 as of 1:58 p.m. HK/SIN. The greenback fell against the yen,
The Pound Sterling made some headway during the London trade on Thursday after a run lower in the previous session.
Yesterday oil markets tumbled, as the surge in coronavirus cases in the United States increased the fears for a lack of crude demand.
Stock markets down as new cases climb in the U.S.; Gold hits new 8-year high; U.S. Dollar and treasuries strengthen
The greenback was able to gain some ground during early Wednesday trade in London after having suffered two consecutive days of losses.
Yesterday, US stock markets closed on the positive territory after the market learned that the US manufacturing sector contraction was milder than the previous month’s.
Gold hits $1,770 per ounce; WTI Crude Oil hits 3-month high; Stocks trade sideways; Coronavirus “second wave” fears grow
The Euro moved higher during trade in London on Tuesday after some back-tracking by a key White House advisor who suggested that the comments made earlier regarding the China deal being “over” had been misconstrued.
Yesterday, the European Union told the Chinese government that if it insists on imposing the new security law on Hong Kong it should expect “very negative consequences”.
Gold trades makes multi-year high close in New York; Confirmed coronavirus cases pass 9 million; Stock markets mostly up
In London trading on Monday, the Pound edged higher against the US Dollar.
UK's Prime Minister, Boris Johnson is set to announce the government's lockdown easing plans today, according to his office.
Gold trades close to multi-year high price; Confirmed new coronavirus cases hit all-time daily high Friday; Stock markets up a little.
The US Dollar couldn't maintain positive momentum in the Asian trading session early on Friday, after earlier gaining strength as a safe haven currency.