Market News

Global Stock Indices Fall on Inflation Fears; Gold Holds Up Near 3-Month High; Bitcoin Lower, Ethereum Holds; Canadian Dollar Hits 3.5-Year High.

Monthly retail sales were mostly driven upwards by the fact that sales at restaurants and cafes hit a record high.

S&P 500 Hits New Records; Yen and Greenback Selling Off, Canadian Dollar Remains Strong; Ethereum Powers to New High; Coronavirus Retreats.

Last Friday’s release of keynote U.S. jobs data – the non-farm payrolls report – shocked the market by coming in well below expectations and sending the U.S. collar sharply lower during the remaining hours of the week’s trading session.

The US Dollar was unable to maintain positive momentum and yesterday touched a 3-day trough, largely as a result of an improvement in risk appetite.

The Bank of England announced today it expects higher growth and inflation, but the Forex market so far is unmoved.

The recession is practically over now that the majority of the Eurozone economies are reopening and consumer spending is expected to grow significantly.

Stocks Mixed; Greenback and Canadian Dollar Bid; Ethereum Hits New Record High.

Bitcoin has been suffering from strong volatility, mainly due to fears against potential regulation efforts from different governments.

NASDAQ Dips; Greenback and Canadian Dollar Bid; Crude Oil Near Highs.

As Dogecoin breaks out above 45 cents and Ethereum continues to make record highs, do these two cryptocurrencies provide good short-term trading opportunities?

The Reserve Bank of Australia just announced its decision to leave cash rates unchanged at 0.1 percent, in line with analysts' expectations.

U.S. Dollar Makes Gains; American Stocks Dip; RBA Barely Changes Monetary Policy.

According to data released by the Federal Statistical Office of Germany, retail sales rose by 11% in March (year-on-year), against expectations of 3.1% and the previous month's 6.6%.

Japan and China on Holiday; U.S. Dollar Seen Higher; Stocks Make Small Dip.