
The US dollar weakened significantly against a basket of major currencies during yesterday’s trading. It became known that the US President Trump may impose a ban on the use of equipment made by Chinese companies Huawei and ZTE for US companies. Such actions may again escalate trade relations between the United States and China. In light of these events, the demand for safe assets has increased significantly. The dollar index (#DX) closed yesterday in the negative zone (-0.59%).
Weak economic statistics put pressure on the US currency. CB consumer confidence index in December counted to 128.1 and was worse than the expected value of 133.7. Today we recommend paying attention to statistics on the real estate market in the United States.
The “black gold” prices have been recovering. At the moment, futures for the WTI crude oil are close to $46.00 per barrel. At 18:00 (GMT+2:00), a report on crude oil inventories will be published in the United States.
Market Indicators
Yesterday, the bullish sentiment was observed in the US stock market: #SPY (+0.77%), #DIA (+1.11%), #QQQ (+0.39%).
At the moment, the 10-year US government bonds yield is at the level of 2.77-2.78%.
The news feed on 28.12.2018:
Pending home sales index in the US at 17:00 (GMT+2:00).
Written by Admin
Product categories
Install your trader software at VPS server of one of the super fast providers:![]() |
|
Do you want to have such profits and charts? Choose our Megastorm EA for trading in the Forex market...![]() |
Finance news
![]() Robinhood and Coinbase top Apple App StoreCoinbase is a popular option for buying bitcoin and other cryptocurrencies.Todd Haselton | CNBCWatch out ... Read More ![]() Stocks making the biggest moves midday: Simon Property, Cisco, Sunrun & moreShoppers walk through the King of Prussia mall in King of Prussia, Pennsylvania.Jennah Moon | ... Read More ![]() Betterment sees record growth, as GameStop frenzy ‘shines a light’ on investingBetterment launched a new savings option that pays users up to 2.69% interest.Source: BettermentTrading apps ... Read More |