Home / Economic Report / Daily Economic Reports / Daily Recap: Wednesday, August 5, 2020

Daily Recap: Wednesday, August 5, 2020

Demand for safe havens continues to shape the market, while the stock market remains largely dependent on earnings reports. Gold prices continued to make new historic high levels, while oil prices rose to their highest level in five months. This has provided support for commodity currencies such as the Canadian and Australian Dollars, while the Euro and the Swiss Franc also showed a strong performance today. Here is a look at the day’s top stories.

Forex:

Commodities:

Stocks:

Economic Data:

Remarks:

Check Also

Tariffs on the Horizon: Will Global Markets Survive the Shake-Up as Europe and Canada Brace for Impact?

As U.S. President Donald Trump prepares to unveil a transformative tariff regime today, April 2, …