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It was another weak day for the U.S. Dollar due to selling pressures and a decline in the Treasury Yields, but Wall Street was soaring with tech stocks making big gains and leading the S&P 500 index to finally close at a new record level, recovering all of its losses due to the COVID-19 crisis. Meanwhile, oil prices edged higher and gold was able to build up on yesterday’s gains and closed, once more, above the $2,000 per ounce level. Here is the day’s news recap.
Forex:
- GBP Maintains Gains amid USD Weakness
- NZD Rises Following GDT Price Declines
- USD Declines to More than Two-Year Low
- AUD/USD Rises Following RBA Meeting Minutes
- US Dollar Near its Lowest Level in Two Years
- USD Declining in Anticipation of Developments
Stocks:
- S&P 500 Closes at New All-Time High
- European Stocks Finish Lower
- European Shares Drop amid US-Chinese Tensions
- Nikkei Drops and Political Uncertainty Discourages Risk
Commodities:
- Oil Prices Settle Higher and Await OPEC+ Summit
- Gold Restores $2,000 per Ounce Level
- Gold Jumps 1% Surpassing $ 2,000
- Oil Retreating After Gains Due to Production Cuts
- Gold Futures: Room For Extra Upside
- Natural Gas Futures: Extra Pullbacks Appear Shallow
Economic Data:
News:
