Month: October 2020

Softer tones observed in early trades German DAX futures -1.5% UK FTSE futures -0.6% Spanish IBEX futures -0.9% Risk is tilted to being ‘off’ as we get the session started, with US futures also seen lower by ~0.7%. Virus jitters are resurfacing with the situation across Europe and the US looking more and more pessimistic
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By Ravindra Rao Gold and silver prices traded with cuts in Monday’s session tracking weakness in global markets as US stimulus talks came to a standstill. Globally, gold prices eased to an over one-week low in early Asia trade as the dollar firmed. Here is a trading strategy for the bullion counters: Gold MCX GOLD
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It wasn’t a dumpster fire, so sellers cover The S&P futures have turned positive now with the index up 0.14% at 3454. The move to the upside is probably attributed to the debate that was more debate vs. the yelling and screaming from the 1st debate. Going forward, the other story that traders have been
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week PayPal to offer crypto payments starting in 2021 When rumors
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Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Michael Nagle | Bloomberg | Getty Images Snap‘s stock price soared more than 22% after hours on Tuesday as the company posted an unexpected,
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AUD/USD is in a current bullish environment according to technical indicators. However, bears could be encouraged at near-term resistance structures. Longer-term, there will be bearish prospects below 0.6960 and 0.7020.  AUD/USD has been in the hands of the bears while correcting five months of an otherwise uninterrupted bull trend. The 38.2% Fibonacci retracement is way down
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Coronavirus daily numbers from Europe: France reports 45,422 cases (positivity rate 16% vs 8% a week ago) UK reports 23,012 cases vs 20,530 the day prior Italy reports 19,644 vs 19,143 Netherlands reports 8669 That’s a new record for Italy/France and the others are all very close. Expect the weekly pattern to show lower numbers
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BENGALURU/MUMBAI: Gold premiums in India jumped to their highest in nearly three months this week, as jewellers continued to stock up on hopes of more customers visiting stores as the festive season gathers pace. Indians celebrate Dussehra on Sunday and Diwali and Dhanteras in November, when buying gold is considered auspicious. “Investment demand was good
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As suggested in the CFTC Commitments of Traders report in the week ended October 20, USD Index futures returned to NET SHORT of 1 666 contracts. Speculative long positions decreased – 2042 contracts and short positions added +61 contracts. Concerning European currencies, NET LENGTH in EUR futures declined -2 694 contracts to 165 943. NET
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