Australian shares fell on Tuesday as a growing number of new corona virus cases in the country's most popular state created fears of a second wave of infections. New South Wales reported on Monday 14 new cases of COVID-19 at a pub used by freight drivers, right away after a surge of infections in the [...]
In US, the number of COVID-19 patients shows no sign of slowing down. US roughly recorded around 70000 new cases of virus per day for three days in-a-row as of today. Florida reported more than 15000 new cases in 24 hours on Sunday, which is the highest number since the record started. Out of 12.9 [...]
Fundamental view: The unfavorable news of Japan House spending yearly report created a bullish move for the pair whereas US Crude Oil Inventories at 8th July and US Core PPI report at 10th July 2020 acted as a catalyst for the downtrend move for dollar and boosted bearish move for the pair. Overall Japan showed [...]
Fundamental view: US ISM Non-Manufacturing PMI at 6th July and US Unemployment Claims released at 9th July acted as a catalyst for the uptrend move for dollar and boosted bearish move for the pair whereas Australia ANZ Job Advertisements monthly report at 6th July and US crude oil inventories at 8th July created a bullish [...]