Friday, January 15, 2021
Forex Broker News
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers
    Onorio

    Onorio Review

    Lucrum pro Lucrum.pro

    Lucrum Pro Review

    https://www.plutus.pro/

    Plutus Pro Review

    jp finance broker

    JP Finance Review

    galore pro forex broker

    Galore Pro Review

    profit trade review

    Profit Trade Review

    LegacyFX Review

    LegacyFX Review

    City Index Review

    City Index Review

    Forex.com Review

    Forex.com Review

  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News
No Result
View All Result
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers
    Onorio

    Onorio Review

    Lucrum pro Lucrum.pro

    Lucrum Pro Review

    https://www.plutus.pro/

    Plutus Pro Review

    jp finance broker

    JP Finance Review

    galore pro forex broker

    Galore Pro Review

    profit trade review

    Profit Trade Review

    LegacyFX Review

    LegacyFX Review

    City Index Review

    City Index Review

    Forex.com Review

    Forex.com Review

  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News
No Result
View All Result
Forex Broker News
No Result
View All Result
Home News Sources Leaprate

Daily Market News: Global markets dip as US registers 30,000 new coronavirus cases in a day

[item_description], forex and crypto market analysis

What to watch

Table of Contents

  • RELATED POSTS
  • Avelacom launches connectivity, market data and infrastructure solutions on Brazil’s stock exchange
  • Nuvei announces brand merger with SafeCharge
  • NYMEX and two former employees to pay $4 million for disclosing trading information

RELATED POSTS

Avelacom launches connectivity, market data and infrastructure solutions on Brazil’s stock exchange

Nuvei announces brand merger with SafeCharge

NYMEX and two former employees to pay $4 million for disclosing trading information

US home sales: On Monday, existing home sale data for May will be released in the US, with a figure of 4.2 million anticipated, versus 4.3 million in April – a figure that was 18% lower than March’s number. New home sales data will then follow on Tuesday, with the pair of reports likely to be among the most closely watched this week. Investment firm John Hancock highlighted in a Friday note that the data may help reveal “how much of an impact the coronavirus pandemic has had on the typical surge in springtime home buying activity.”

Chicago Fed national activity index: In other economic data, the Chicago Fed’s national activity index for May will be released on Monday. The index registered a -16.7 reading in April; a zero value indicates that the economy is expanding at its historic trend rate of growth, while a negative value signals below average growth. The index comprises 85 economic indicators, 79 of which were in the red for April.

UK services and manufacturing data: On Tuesday, investors will get a view into the state of the UK services and manufacturing sectors for June. Flash purchasing manager indices (PMI) for both will be released, which provide the preliminary results of a survey of purchasing managers at companies, where those firms share data such as output, new orders and pricing. A figure below 50 indicates contraction, and above 50 expansion. For May, the manufacturing sector reported a figure of 40.7, with the services sector at 29, showing a deep decline. For June, expectations are for figures of 45.3 and 39.5 respectively, according to Trading Economics.

What is happening with US Covid-19 cases?

Much is being written about the surge of Covid-19 case numbers in the US, something which is a major determining factor in how stock markets perform from here. Here is a quick summary of what has happened so far. States across the US are in different stages of reopening and are all taking different tactics. That ranges from bars being open with no masks required and relatively large group gatherings allowed, to more restrictive states, which are still heavily limiting group gatherings and taking a slower approach to reopening the leisure sector. Over the weekend, it was reported that 12 states in total have now recorded record-high new daily case numbers, including Florida, Nevada and California. In some cases, officials are looking to bring lockdowns back into force, but others are pressing ahead with reopening, citing better healthcare capacity and the economic damage of a reversal. Just as New York dominated in terms of case numbers in the first wave of the virus, there are concerns that new epicenters of the disease are emerging in the US, which could sustain the pandemic for longer.

Crypto corner: Bitcoin braced for a $1bn event as options expire

ADVERTISEMENT

Bitcoin traders and investors are braced for an earthquake-like event this week when almost $1bn of Bitcoin options expire this week.

The size of the options expiring on June 26 is some $930m, equivalent to around 70% of the Bitcoin currently being traded on the market, according to a report in Forbes. The potential for holders of the options to re-buy them is likely to cause a spike in volatility.

Bitcoin is up just over 30% year-to-date, trading at $9,361 today. Its peer Ethereum has nearly doubled since the start of the year, with a price of $233 currently, although both are off recent highs.


All data, figures & charts are valid as of 22/06/2020. All trading carries risk. Only risk capital you can afford to lose.  

This is a marketing communication and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without having regard to any particular investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared utilizing publicly-available information.

The post Daily Market News: Global markets dip as US registers 30,000 new coronavirus cases in a day appeared first on LeapRate.

,

Share196Tweet123ShareSend

Related Posts

Avelacom launches connectivity, market data and infrastructure solutions on Brazil’s stock exchange
Leaprate

Avelacom launches connectivity, market data and infrastructure solutions on Brazil’s stock exchange

August 31, 2020
Nuvei announces brand merger with SafeCharge
Leaprate

Nuvei announces brand merger with SafeCharge

August 31, 2020
NYMEX and two former employees to pay $4 million for disclosing trading information
Leaprate

NYMEX and two former employees to pay $4 million for disclosing trading information

August 31, 2020
Moscow Exchange’s trading volumes up 10% MoM to RUB 79.9 trillion in July
Leaprate

Moscow Exchange’s trading volumes up 10% MoM to RUB 79.9 trillion in July

August 31, 2020
Playtech takes measures to maximize liquidity
Leaprate

Playtech takes measures to maximize liquidity

August 31, 2020
Daily market commentary: Gold hits new record high (yet again)
Leaprate

Daily market commentary: Gold hits new record high (yet again)

August 31, 2020

Select one of the Best Forex Brokers for your Trading  |  Read the Reviews

Onorio

Onorio Review

Lucrum pro Lucrum.pro

Lucrum Pro Review

https://www.plutus.pro/

Plutus Pro Review

jp finance broker

JP Finance Review

galore pro forex broker

Galore Pro Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. forexbroker.news is an affiliated partner with various Forex brokers and may be compensated for referred Forex traders.

Risk Disclosure: Forexbroker.news assumes no liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and forex signals. Operations in the international foreign exchange market contain high levels of risk. Forex trading may not be suitable for all investors. speculating only the money you can afford to lose. Forexbroker.news remind you that the data contained in this website is not necessarily real-time and may not be accurate. All stock prices, indexes, futures are indicative and not appropriate for trading. Thus, Forexbroker.news assumes no responsibility for any trading losses you might incur as a result of using this data.You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Disclaimer: It is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBroker.News has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBroker.News, nor shall it bias our reviews, analysis, and opinions.

  • Privacy Policy
  • Contact US
  • Terms of use,

Copyright © 2020 forexbroker.news

No Result
View All Result
  • Home
  • Forex Broker Reviews
  • Broker Types
  • Forex Jobs
    • Marketing
    • Customer Support
    • Web Development
    • Compliance
    • Sales
    • Trading Solutions
    • IT
    • R&D
    • Administrative
    • Business Analyst
  • News

© 2020 https://forexbroker.news - Forex Broker news & magazine