August, 2020 | Forex robots store

Asia Morning: Tech Stocks Lead U.S. Market Rebound

On Wednesday, U.S. stocks posted a strong rebound with tech shares gaining the most. The Dow Jones Industrial Average rose 289 points (+1.05%) to 27976, the S&P 500 increased 46 points (+1.40%) to 3380, and the Nasdaq 100 surged 281...

AdminAug 13, 2020

Finance news

Depression-like collapse is sparking a wartime-type boom, market bull Jim Paulsen predicts

Stocks may see a super-sized comeback deep into next year. The Leuthold Group’s Jim Paulsen sees the depression-like collapse setting the stage for a wartime-type boom. “It forced companies to just knee-jerk react — to cut everything they could to try...

AdminAug 13, 2020

Fundamental analysis of Forex market

US Retail Sales May Dim Hopes of a Quick Recovery

US retail sales for the month of July will hit the markets on Friday at 12:30 GMT and expectations are for a sharp slowdown from June’s charming rebound. While a weaker data set is hightly expected, traders may pay attention to the size of...

AdminAug 12, 2020

Technical analysis of Forex market

CADJPY Jumps to 2-Month High but Needs Steeper Moves for Bullish Bias

CADJPY looks to be mostly neutral despite the latest ascent move from the 77.65 low. Currently, the pair is testing a new two-month high and if there is a bounce off at the 81.90 resistance it could endorse the horizontal...

AdminAug 12, 2020

Market overviews

Yen Accelerates Lower on Rebound in Yields, Strength in US Stocks

Yen is trading as the worst performing today so far, as pressured by surge in US treasury yields. In particular, 10-year yield is above 0.68 handle in pre-markets and could even challenge 0.7% today. US futures also point to higher...

AdminAug 12, 2020

Technical analysis of Forex market

USDJPY Critical Juncture

The US dollar is trading at a critical juncture against the Japanese yen currency as pair edges closer to the 107.00 resistance barrier. Continued gains past the 106.80 pivotal level could see the USDJPY pair testing towards the 107.30 resistance...

AdminAug 12, 2020

Market overviews

Dollar Rebounds on Gold and Yield, NZD Hammered by Double Whammy

New Zealand Dollar tumbles broadly today as weighed down by double-whammy of RBNZ QE expansion and return to lockdown. The selloff in Kiwi is somewhat dragging down Aussie and Canadian too. On the other hand, Dollar is staging a strong...

AdminAug 12, 2020

Fundamental analysis of Forex market

Asia Morning: Dow, S&P End 7-Day Rally

On Tuesday, U.S. stocks ended in negative territory. The Dow Jones Industrial Average slid 104 points (-0.38%) to 27686 and the S&P 500 dropped 26 points (-0.80%) to 3333. Both indexes halted a seven-session rally. The Nasdaq 100 fell 209...

AdminAug 12, 2020

Technical analysis of Forex market

USD Reverses Direction As Gold Tumbles

The US Dollar moved higher against all of its major pairs except for the CAD in late-day trading on Tuesday, gaining the most against the JPY. On the U.S. economic data front, the producer price index increased 0.6% in July...

AdminAug 12, 2020

Finance news

Singapore’s top banks brace for more challenges after reporting a plunge in quarterly profits

People wearing protective masks walk along the Jubilee Bridge at the Marina Bay waterfront on June 7, 2020 in Singapore. Suhaimi Abdullah | Getty Images Singapore’s three largest banks reported a sharp fall in second-quarter net profits compared to a...

AdminAug 12, 2020

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Jan Rejnek

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Martin Boldi

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Liudmila

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Month: August 2020

Asia Morning: Tech Stocks Lead U.S. Market Rebound

Depression-like collapse is sparking a wartime-type boom, market bull Jim Paulsen predicts

US Retail Sales May Dim Hopes of a Quick Recovery

CADJPY Jumps to 2-Month High but Needs Steeper Moves for Bullish Bias

Yen Accelerates Lower on Rebound in Yields, Strength in US Stocks

USDJPY Critical Juncture

Dollar Rebounds on Gold and Yield, NZD Hammered by Double Whammy

Asia Morning: Dow, S&P End 7-Day Rally

USD Reverses Direction As Gold Tumbles

Singapore’s top banks brace for more challenges after reporting a plunge in quarterly profits

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Month: August 2020

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