The Australian dollar has exploded to the upside during the trading session on Tuesday, as we continue to see a lot of US dollar weakness in the short term, but longer-term the greenback is obviously a very bullish currency.
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The West Texas Intermediate Crude Oil market has drifted a little bit lower during the trading session on Tuesday after initially trying to rally.
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The US dollar initially tried to rally during the trading session on Tuesday but found trouble above the ₹76 level as the market has carved out a range at relatively high levels to decide where we are going next.
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Silver markets have rallied significantly during the trading session on Tuesday but gave back those gains rather drastically.
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More bearish as USD bid again
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Euro is relatively weak.
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Gold markets initially tried to rally during the trading session on Tuesday and even reached close to the $1750 level.
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Bitcoin enjoyed the relative calm in global financial markets over the past three weeks, offering yet more evidence that the cryptocurrency market is connected to the existing system
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Covid-19 related economic disruptions remain severely underestimated by financial markets, especially the long-term implications of it.
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Divisions across the European Union and the Eurozone are laid bare, as the global Covid-19 pandemic is shining a light on the core of economies.
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UK Prime Minister Johnson remains in intensive care, and First Secretary of State Raab has deputized the PM since Monday.
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Despite the negative results of the US Labor Department report, which confirmed that the American labor market began to suffer from the rapid spread of the Coronavirus, to the point where the US states became the top country on the list of the most affected by the epidemic.
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With Austria and Denmark relaxing lockdown measures, Germany drafting plans to return to a new normal, and the global death toll easing
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The price of an ounce of gold increased by $60 in the beginning of this week’s trading, and the price of the yellow metal jumped to $1670 an ounce, before settling around the $1660 level in the beginning of today’s trading.
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Japan unveiled a record-breaking ¥108 trillion economic stimuli, equivalent of 20% of GDP.
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