Friday, May 27, 2022
Forex Broker News
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers

    Duvaro Review

    Cupiro Review

    Calliber.io Review

    StockHome.io Review

    Acri Pro Review

    LegacyFX Review

    Crypto Dock Review

    City Index Review

    Forex.com Review

  • Broker Types
  • Forex & Fintech Jobs
  • News
No Result
View All Result
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers

    Duvaro Review

    Cupiro Review

    Calliber.io Review

    StockHome.io Review

    Acri Pro Review

    LegacyFX Review

    Crypto Dock Review

    City Index Review

    Forex.com Review

  • Broker Types
  • Forex & Fintech Jobs
  • News
No Result
View All Result
Forex Broker News
No Result
View All Result
Home News Forex Broker News fxpro

Gold rises as markets slip

Market focus
Markets continue to put in asset prices their concerns about the prolonged trade disputes between China and the United States. However, until now we do not see sharp sell-off of risk-sensitive assets as Central banks in a hurry with their monetary policy stance easing.

Economists and market participants increasingly believe that the Fed will lower rates quite soon. The ECB recently introduced measures aimed to support bank lending. Many other Central banks from India to New Zealand are lowering their key rates recently.

Although the easing of financial conditions keeps markets from falling more sharply, economic reports increasingly point to a cooling of both business activity and inflation pressure. Low inflation allows the Central Bank to soften its policy but it is often a symptom of more serious problems, for which the current measures are not enough.

Stocks
Major stock indices from China to the U.S. declined for the second day in a row. This dynamic is supported by the strengthening of the positions of securities of the so-called defensive sectors: media, healthcare and telecoms. Usually, investors choose these stocks in anticipation of the economic slowdown. In addition to fears of trade wars, the market in Hong Kong was under pressure from crowdy public protests, that sent HengSeng to the lows since January. Lately, the index received support after the words of Chinese Deputy Prime Minister Liu, who called for new measures to support the economy.

American SPX went down for the fourth consecutive trading session, threatening to fall below the 50-day average.

EURUSD
The single currency failed to develop the growth, running into increased pressure from sellers after growth above 1.1340 and dropped to 1.1280. As the FxPro Analyst Team said, the reason for the sale was Trump’s statement that he is considering sanctions against the Russian Nord stream-2. On Thursday morning, the pair tries to return to the levels above 1.1300.

ADVERTISEMENT

Gold
Market caution continues to support gold. Quotes of this metal rose to $1337, repeatedly trying to push above this year highs (and the last 5.5 years) at the 1340-1360 area. Thus, gold will have to pass an important test. The beginning of the trend to decline the last two times, in April 2018 and November 2016, was due to a sharp turn of the stock indices to growth when the demand for “safe-havens” was on the decline. So far, the situation is on the verge, and the chances are high that we can witness a breakthrough in the resistance area. If this happens, it will be an additional warning sign for the markets.

Chart of the day: WTI
This week the pressure on oil has increased. American WTI returned to five-month lows overnight after reports of the continued growth of Crude Oil inventories in the U.S. Trying to lobby the American energy in Europe, Trump threatened to put sanctions to the North Stream-2. This is clearly a negative signal for the markets, because Russia within OPEC+ stands for maintaining prices near current levels, while in the US production at current prices for Brent continues to grow faster than demand.

The FxPro Analyst Team

Share198Tweet124ShareSend

Related Posts

fxpro

The Fed to break the dollar trend

May 26, 2022
fxpro

AUDCAD Wave Analysis – 19 June, 2019

May 25, 2022
fxpro

Bit-comment: Bitcoin returned to this week highs

May 25, 2022
fxpro

FxPro Daily Insight for June 20

May 25, 2022
fxpro

Trade truce 2.0, or new currency wars?

May 25, 2022
fxpro

Cocoa Wave Analysis – 19 June, 2019

May 15, 2022

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

Duvaro Review

Cupiro Review

Calliber.io Review

StockHome.io Review

Acri 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 & Fintech Jobs
  • News

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

Posting....