Market Update

European stocks recorded its biggest losses year to data on Tuesday, falling from new record highs recorded earlier in the session, amid concerns about the rising number of Coronavirus cases. STOXX Europe 600 plunged by 1.9% in the pan-European index’s biggest daily decline since the beginning of the year. The …

The main indices of the New York Stock Exchange (NYSE) continue to decline for the second consecutive session on Tuesday, with Wall Street investors awaiting the release of earnings reports. The Dow Jones Industrial Average is down by 0.39%, while the S&P 500 index declined by 0.24%. Meanwhile, the Nasdaq …

The dollar fell to its lowest level in nearly seven weeks during the Asian session, while the euro rose as investors grew optimistic about the pace of vaccinations in Europe, and Treasury yields continued below the high levels recorded in March. The dollar has fallen since the beginning of April, …

The USD/JPY pair gained some strength to trade near a daily high of 108.54, as the US dollar took a breather after yesterday’s declines despite maintaining underlying weakness. USD/JPY needs to break 108.00 to continue the decline. The change in market sentiment appears to be linked to the earnings reporting …

Official figures showed that the unemployment rate in Britain unexpectedly decreased for the second month in a row to 4.9% in the period from December to February, most of which were under strict isolation measures to confront the outbreak of Covid-19. Most of the economists polled by Reuters had expected …

Dogecoin supporters have launched a social media campaign aimed at raising the price of the cryptocurrency to $ 1 after it reached 9 cents a week ago. The hashtag Dogecoin topped Twitter with a growing number of tweets on the topic. And the cryptocurrency rose to about 25%, pushing it …

The Reserve Bank of Australia’s minutes from its April meeting has been released. Here are the main quotes. The minutes of the latest RBA meeting emphasized that the economic recovery has further to run before the RBA will be satisfied which supports our view that the Bank will announce another extension …

China’s imports of Saudi crude oil rose 8.8% in March from a year ago, driven by strong demand and with the arrival of shipments delayed due to congestion at ports. Imports from the UAE also increased again, jumping 86%. The volume of shipments from Saudi Arabia reached 7.84 million tons, …

Gold prices fell on Tuesday, April 20, after hitting a seven-week high in the previous session, as US bond yields favored a recovery in the face of support represented by the weakening of the US dollar. Gold fell in the spot market 0.1% to $1768.01 an ounce, after hitting $1789.77 …

Oil prices rose to the highest level in more than Tuesday, April 20, as the decline in the US dollar supported commodities and due to expectations of a decline in crude stocks in the United States, the largest consumer of fuel in the world, but the increase in Coronavirus cases …