12.04. Fresh trading analysis: markets retreat, dollar is up

Monday, April 12th, today’s news—global markets retreat ahead of the earnings season and a flurry of important economic data releases. Oil is down amid the pandemic-related demand concerns, Jerome Powell said the Fed is highly unlikely to raise rates this year, but expressed optimism over the economic growth, Treasury yields fall, dollar is up. The price of Brent oil is $63.25, WTI—$59.52, EUR/USD is at 1.1903, GBP/USD—1.3739, gold is $1,741.95 per ounce. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market during a time of volatility.