Home About the company Daily reviews New COVID-19 variant; positive U.S. employment report

New COVID-19 variant; positive U.S. employment report


Commodities market

Oil was down today as investors worried about the new highly infectious COVID-19 variant discovered in Shanghai, China. Brent crude fell 0.54%, and WTI crude slid 0.87%.

Key tickers:

Brent: 105.60 — strong sell.

WTI: 103.22 — strong sell.

NG: 6.352 — strong buy.

Foreign exchange market

The dollar was up today as investors strive for a safe-haven currency amid global growth fears. The DXY index gained 0.29% with the USD/JPY pair 0.72% up and the GBP/USD pair 0.35% up.

Key tickers:

EUR/USD: 1.0121 — strong sell.

USD/JPY: 136.84 — strong buy.

USD/CAD: 1.2992 — strong buy.

GBP/USD: 1.1967 — strong sell.

Metals

Gold was down today as the U.S. dollar strengthened after healthy U.S. employment data. Gold futures edged 0.10% down, while the dollar rose to a 20-year high.

XAU/USD: 1739.12 — strong sell.

XAG/USD: 19.203 — strong sell.

XPT/USD: 885.23 — strong sell.

XPD/USD: 2129.75 — strong buy.

Crypto market

The bitcoin slides for a third day, threatening to fall below the $20k mark. 

Key tickers:

BTC: $20,447.3 — strong sell.

ETH: $1,142.90 — strong sell.

Neo: $8.8900 — strong sell.

Zcash: $57.20 — strong sell.

Stock market

A better-than-expected employment report in the U.S. eased some worries about a recession soon but supported the Fed to go on hiking interest rates. The stock market reacted with moderate growth. 

Key tickers:

-    indexes

S&P 500: 3,899.38 — strong buy.

Nasdaq 100 (NDX): 12,125.70 — strong buy.

Dow Jones Futures: 31,132.0 — strong sell.

DAX: 12,825.27 — strong sell.

-    Shares    

Apple #APPLE: 147.04 — strong buy.

Amazon #AMAZON: 115.54 — strong buy.

Tesla #TESLA: 752.29 — strong buy.

Meta Platforms Inc #FACEBOOK: 170.88 — strong buy.

Author: GC
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews
Log in Registration

Don't have your language?