Oil Trades Lower Amid COVID-19 Worries

Oil prices declined on Thursday, amid fears over a resurgence in coronavirus infections across the globe that could slow a recovery in...

German Economy Contracts at Record Pace

German gross domestic product declined 10.1% in the second quarter of this year and was below market expectations to contract by 9.0%....

Europe Opens Mostly Lower On Thursday

Major European stock markets opened mostly lower on Thursday as investors fear that a second wave of infections in Europe could dampen...

US Dollar Extended Losses After FOMC. Will Q2 GDP Add Some Pressures On Greenback?

The Federal Reserve left the target range for its federal funds rate unchanged at 0-0.25 percent on July 29th 2020 as expected.

Wall Street Edged Higher In Premarket Ahead Of FOMC Meeting

Wall Street indexes traded higher on Wednesday as investors are focusing on Federal Reserve interest rate decision that is expected to remain...

Asians Shares Traded Lower, Dollar Eased Ahead FOMC Meeting

Asian shares traded lower as growing worries about the U.S. economy had investors looking to Congress and the Federal Reserve for a...

Fed Seen Leaving Monetary Policy On Hold

The Federal Reserve is seen leaving the target range for its federal funds rate unchanged at 0-0.25% during its July 28-29 meeting....

The Important Things That You Should Know On 29/07/2020

1) Markets seems calmed, after the massive dollar sell-off and gold's surge earlier in the week as tensions escalated ahead of the...

Goldman Sachs Raised Their Gold Target To $2,300

The analysts at Goldman Sachs have raised their 12-month price target for gold to $2,300 per ounce from the previous forecast of...

Wall Street Closed Lower, Dollar Gained Amid Weaker Consumer Confidence

Wall Street closed lower on Tuesday as investors worried about weaker consumer confidence, disappointing financial results and a smaller than hoped for...
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