Market Overview

23 October 2020 12:54

Lysakov Sergey

The British Pound is back in focus today, after the news that the United Kingdom signed its first post-Brexit trade agreement. Surprisingly it was not the deadlocked deal with the European Union as expected but a free trade agreement with Japan.  "How fitting it is to be in the Land of the Rising Sun to welcome in the dawn of a new era of free trade," the U.K. International Trade Secretary Elizabeth Truss told reporters at a signing ceremony in Tokyo. "It used to be said that an independent U.K. would not be able to strike major trade deals or they would take years to conclude.
21 October 2020 13:53

Lysakov Sergey

European stocks started the day slightly higher but then slipped to the negative territory before noon as hopes for a fresh monetary stimulus from the European financial institutions are fading on spreading virus concerns. The market sentiment doesn't look like any big sell-off now, but most traders are just cautious. One exception in the corporate world is, Ericsson whose stocks soared over 7% today after the telecom giant said its Q3 earnings were way ahead of market estimates, and its CEO was "more confident" in meeting the company's 2020 targets.
16 October 2020 12:55

Lysakov Sergey

The global stocks made a deeper downside correction on Thursday, perhaps because they were frightened by the clearly slowing economic recovery in Europe and a possible vulnerability of the asset prices during the following weeks before the U.S. presidential elections. However, later in the day the S&P500 broad market futures and the major European indexes  recovered by almost a half, as new hopes of the EU-U.K. trade deal came, plus the sitting U.S.
14 October 2020 14:04

Lysakov Sergey

The U.S. S&P500 broad market index, as well as the European stocks on average, are holding the gains of the previous two weeks, despite uncertain expectations ahead of the November 3 elections in the United States. The British Guardian said yesterday that their own opinion poll showed, a Democratic presidential nominee Joe Biden’s lead over the sitting president Donald Trump has surged to even a record 17 points, so that Biden was ahead by a 57-40 margin before the final sprint. The handicap is even bigger than a 57%-41% margin discovered by CNN.
2 October 2020 11:48

Lysakov Sergey

Gold prices prudently jumped above $1915 per troy ounce at the very beginning of the European morning trade, as many on the market decided to keep their investments out of harm's way. It happened just as an immediate response when U.S. President Donald Trump tweeted that he and the first lady of America tested positive for the coronavirus. "We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!" he shared with his social network followers. It comes after Hope Hicks, one of his closest aides, was tested positive.
28 September 2020 09:45

Lysakov Sergey

The macroeconomic patchwork hardly has the potential to define the major asset price movements for now but rather the facts of the U.S. political battle come be at the forefront this week. The presidential race is coming up to its final lap, just about a month before the crucial voting day on November 3. The Democratic nominee Joe Biden who was also the former vice president alongside Barack Obama - and the sitting president of the United States Donald Trump are going to meet onstage in Cleveland for the first debate of the general election.
25 September 2020 13:07

Lysakov Sergey

All three major global market indexes including the broad market S&P 500 index, the high tech Nasdaq index and the industrial Dow Jones index, saw a slight drop after the opening bell on Thursday in course of the Wall Street's stock trading session to the renewed lows of September. However, prices just touched rather shallow levels. Shortly after the market quickly rebounded trying to gather more height for several hours in a row, probably encouraged by the words of Steve Mnuchin, the U.S.
23 September 2020 12:59

Lysakov Sergey

In the course of a turbulent week, European stocks opened higher and balanced well during the morning and at least in the first half of Wednesday's trading session, probably thanks to the release of IHS Markit's set of purchasing managers' indexes (PMI). The manufacturing component was propelled into the highest position since September 2018 with a reading of 53.7 points in September after 51.7 points for August, vs a median expert polls forecast of 51.9 only.  Any figure above 50.0 level indicates expansion in the sector indicating a high pace of an industrial recovery.
18 September 2020 11:27

Frederico Aragao Morais

Today's market sentiment is one of an appetite for risk. While the U.S. Federal Reserve continues to stir markets and uncertainty about the coronavirus pandemic, it is now possible to observe a positive correction that contrasts with the reality of the past two days. The Dollar fell against the Yen and dropped slightly against the Euro on Friday, with many short positions closing after the U.S. Federal Reserve's midweek decision.
18 September 2020 11:23

Lysakov Sergey

A set of predominantly positive macro statistics from the United States on Thursday lessened the market's demand for safe-haven assets keeping the mid-term sentiment for a relatively weak Greenback vs the world currency basket going.  The U.S. initial jobless claims fell to 850,000 after 893,000 last week on the background of a four-week average for jobless claims at 912,000. The initial claims reading exceeded 1.1 million just at the end of August. Continuing jobless claims declined up to 12.628 million after more than 13.5 million just a week before and 14.
Open Forex Demo Account
I understand and accept the Privacy Policy and agree that my name and contact details can be used by TeleTrade to contact me about the information I have selected.
23 International Awards
Have a question?

We are ready to assist you in every step of your trading experience
by providing 24/5 multilingual customer support.

Follow us

Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.

© 2011-2020 TeleTrade-DJ International Consulting Ltd

TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

The content on this website is for information purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

TeleTrade cooperates exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.

Please read our full Terms of Use.

To maximise our visitors' browsing experience, TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. You may change your cookie consent or view our cookie declaration here.

TeleTrade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.