US dollar seems to be somewhat strong in the prevailing environment of growing uncertainty about US fiscal stimulus and the potential for a breakdown in Brexit talks. Surge in the COVID 19 cases in Eurozone also weighs on the market sentiment and US consumption data are eyed ahead of the weekend. President Donald Donald Trump [...]
September month employment statistics from the Australian Bureau of Statistics creates an important update for traders as it portrays the employment damages Victoria’s lockdown did amid the corona virus (COVID-19) resurgence. Total employment fell -29.5k in September, Full-time employment fell –20.1k while part-time fell –9.4k with both representing a –0.2% decline in the month. In [...]
Gold's one-month risk reversals, a gauge of calls to puts, is again falling, indicating a resumed demand for put options or bearish bets on the yellow metal. On the other hand, Hopes for a new corona virus relief package were dented as U.S. House Speaker Nancy Pelosi rejected a $1.8 trillion proposal from the White [...]
As per the latest COVID-19 data from Germany’s Robert Koch Institute (RKI), 39,000 active cases were found as of yesterday. The latest update today sees 13 deaths so that brings the total tally to 9,634 persons. Additional details suggest that the cases grew 4,122 to 329,453 by Tuesday. In doing so, the pandemic figures defy [...]
