Today’s action doesn’t match features of past bubbles, including pervasive optimism about future profits and heavy flows into stocks.
Archiv für den Monat: Juni 2020
Robinhood increases guardrails on options trading in the wake of a customer suicide
Robinhood is making it more difficult to get access to its options offering in the wake of a customer’s suicide last week.
Here’s what happened to the stock market on Friday
Stocks were taken for a ride after Apple said it would reclose some of its stores, citing the recent coronavirus spikes in certain states.
While Dems and GOP squabble over extending $600 unemployment benefits, outdated technology may slow any solution
Democrats and Republicans are fighting over the $600 a week supplement to unemployment benefits, which expires after July 31. One easy solution doesn’t appear possible due to outdated technology.
The stock market is running out of steam with reopening trades fading and economic data ‚uneven‘
Wall Street analysts said investors should expect more volatility because the economic recovery is most likely to be „uneven“ and shaped like „rolling Ws.“
Gold Price Outlook, What Can Break the Trading Range?
Gold prices have been struggling to find direction – why? Will a shockwave that sinks the Dow Jones and S&P 500 make itself known? That is a key risk for XAU/USD.
US Dollar Resurgence May Continue As Fed Balance Sheet Contracts
The US Dollar may continue its recent recovery as the Federal Reserve’s balance sheet contracts $74 billion in the week ending June 17.
Australian Dollar Outlook Bearish on Concerns of Second Covid-19 Outbreak
AUD may come under pressure in the week ahead as fear of a second-wave of Covid-19 rattles financial markets amid growing China-Australia geopolitical tensions.
ForexLive Americas FX news wrap: Virus fears spark reversal
ForexLive Americas FX news wrap for June 19, 2020:
Markets:
– S&P 500 down 18 points to 3097
– WTI crude oil up 49-cents to $39.33
– Gold up $20 to $1742
The market started out in a very good mood and AUD/USD rallied to 0.6910 in a quick 40 pip move but it was a short-lived peak as the
Markets:
– S&P 500 down 18 points to 3097
– WTI crude oil up 49-cents to $39.33
– Gold up $20 to $1742
The market started out in a very good mood and AUD/USD rallied to 0.6910 in a quick 40 pip move but it was a short-lived peak as the
Moody’s affirms USA credit rating at Aaa, outlook stable
Moody’s not interested in a lawsuit
Print all you like, spend all you like. No one is downgrading the USA after S&P did and the government sued them for $1.5B for mortgages. Even the .
Print all you like, spend all you like. No one is downgrading the USA after S&P did and the government sued them for $1.5B for mortgages. Even the .