Market Overview

13 May 2020 13:11

Lysakov Sergey

Slight swoon of the US stock indexes last night was caused by the sentences of the White House main medical advisor Dr. Fauci who shared his worries about a possible powerful second wave of infection in summer due to the opening-up of economies too early in some heavily populated American states. In addition, he cooled the ardor of optimists by telling them that if vaccine candidates are successful, it would be known by late fall or early winter, even despite the fact that phase 2 and phase 3 of clinical trying on people will already have started in late spring and early summer.
13 May 2020 11:19

Frederico Aragao Morais

Yesterday was marked by a great variation of feeling throughout the day. The market sentiment that eventually prevailed was risk aversion with the possibility of a second wave of concern for investors. In the United States, the Dow Jones index fell by 1.89% while the S&P500 index fell by 2.05% and the Nasdaq index depreciated by 2.06%. On the European side, its benchmark - Stoxx 600 - gained 0.26%. In the debt market, yields ended up falling, this being a normal correlation on a day of greater risk aversion.
13 May 2020 07:15

Mark Goichmann

Brent crude prices bounced from the bottom of $16 and settled around $30 per barrel, which seem to be a physiologically strong resistance level. This balance may sustain as many contrary factors affecting crude prices. From the demand side, there is a positive factor of a certain easing of restrictions imposed against the pandemic in many countries. Signs of business activity are emerging andthe driving season is close to opening. But there are also worries that the recovery in demand will be slow and it will not reach 30% of its fall or 30 million bpd.
12 May 2020 13:12

Lysakov Sergey

The Nasdaq Composite stock index of high-tech sectors ended the New York trading session on Monday with its highest value since February 24, 2020, thus erasing 85% of the total amount of losses from the peaks of this year and to the bottom in March. Companies based on online services and the so-called "stay-at-home" stocks are the first priority in demand during the pandemic.
12 May 2020 12:25

Frederico Aragao Morais

Despite all the economic scenarios that are being created, uncertainty remains on several levels. It is difficult to predict how easy it will be to recover lost jobs, when it will be possible to travel again or what the real impact of stimulus measures by central banks and governments will be on an economy that has little impact. While the doubt focuses mainly on its time horizon, it is possible to start thinking about what the world will look like after this pandemic. Not in terms of concrete figures, but in terms of the economic paradigm that will most probably be different.
11 May 2020 12:56

Lysakov Sergey

The Australian Dollar stands out against many other currencies due to the fact that AUD/USD won back 100% of the damage it has suffered since the beginning of March. Unlike the single European currency or the Swiss Franc, the Aussie tested its April peak resistance levels again and again last Friday and Monday morning. The Australian currency has been in a fairly obvious uptrend over the past six weeks also against the Japanese Yen, which is something analysts can't say about the USD/JPY pair, for example.
11 May 2020 12:22

Frederico Aragao Morais

Friday was a day marked by an appetite for risk. Apparently there was a call between the main Chinese and American negotiators to facilitate the implementation of phase 1 of the trade agreement between the two countries. In particular, the Stoxx 600 - the European benchmark index - rose by 0.91%. In the United States, the Dow Jones index grew by 1.91% while the S & P500 index appreciated by 1.69% and the Nasdaq index rose by 1.58%. In the debt market, North American yields depreciated, while in the Eurozone they ended up rising.
8 May 2020 12:36

Frederico Aragao Morais

Yesterday it was possible to observe a feeling of appetite for risk. The good trade balance data that ended up going to China, animated the stock exchanges. In particular, the Stoxx 600 - European benchmark index - rose 1.09%. In the United States, the Dow Jones rose 0.89% while the S & P500 grew 1.15% and the Nasdaq rose 1.41%. In the debt market, there was a withdrawal of these assets in Europe, leading to an increase in yields. In the United States, the opposite has happened. In the foreign exchange market, the US dollar continues to fall, given the appetite for risk that has been felt.
8 May 2020 11:26

Lysakov Sergey

Today's US Non-Farm Payrolls (NFP) is going to reflect the historically highest drop in employment figures, ranging from 18 million to 22 million lost jobs, according to estimates from most experts who were asked by Bloomberg and Reuters. However only one-tenth or so of this monstrous number could be accounted for by the fall in manufacturing payrolls, and the main loss of almost 90% of jobs happened to be, of course, from the private service sector, which suffered enormously during the quarantine period.
8 May 2020 10:17

Mark Goichmann

A new swing in US-China relations over accusations from the US authorities concerning the covering up of important information on the origin or spread of the COVID-19 infection by China could potentially become a determining factor for markets. The White House, according to the media, is considering writing off part of the $1.1 trillion US debt owned by China. Washington sees the damage from the coronavirus pandemic that is to be compensated by China to be at as much as $160 billion. It seems that the US authorities have an enticement to turn this amount in its own favour.
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.
37 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. 73.55% 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. 73.55% 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.