The US dollar fell on Monday after investors shunned the US dollar after doubts about the pace of economic recovery and betting that the Federal Reserve may signal another shift in its forecast this week. The US currency fell to a four-month low against the Japanese yen, a 22-month low …

The yellow metal rose to all-time high on Monday as relations between the United States and China deteriorated, sparking demand for the safe metal while market sentiment was mixed ahead of more earnings reports. Gold rose 1.6% to a record $ 1.943 an ounce, exceeding its peak in September 2011 …

The National Health Commission of China said on Monday that it had recorded 61 new infections with the COVID 19 up from 46 the previous day, adding that it had detected the most significant number of local infections with the virus since early March. The commission said the new number …

Tensions between the world’s two largest economies, the United States, and China continues to increase next to increase in the number of new cases of Covid-19, particularly in the United States, all this cast a shadow over the markets as President Trump took some decisions related to China with accusations …

Bitcoin is trading at $ 9543 and recovered above $ 9,500 after a short decline due to the bearish sentiment in the global markets. Bitcoin has a market value of $ 175.7 billion, which represents 61.4% of the total capitalization in the digital assets market. Over 82% of Bitcoin holders …

The Russian Central Bank cut its key interest rate to a record low of 4.25% on Friday and stated that it would consider the need for further monetary easing amid low inflation and a shrinking economy.  The 25bp cut was in line with the Reuters poll, with expectations to cut …

Gold is trading near the level of $ 1900 an ounce approaching the highest level recorded in 9 years and got support from the increasing demand for the yellow metal as a safe haven, the weakening of the US dollar and continued increase of corona cases in the United States …

US markets are set to open lower and remain under pressure until headlines about the tension between the United States and China improves and Congress may make progress in the upcoming stimulus package. The market’s focus was on domestic consumption risks after jobless claims rose last week. Dow Jones futures …

The Eurozone Manufacturing PMI arrived at 51.1 in July, compared to 50.0 expected, while the Eurozone Services Purchasing Managers’ Index reached 55.1 in July, compared to 51.0 expected. The Eurozone manufacturing sector witnessed an upturn this month, the latest manufacturing activity survey from IHS/Markit research showed on Friday. Eurozone manufacturing …

Data from HIS Markit showed that French business activity rebounded much more than expected in July with a rebound in the post-lockdowns service sector gained momentum. IHS Markit reported that the preliminary PMI jumped to 57.6 from 51.7 in June, its highest level since January 2018. It came above analysts’ expectations …