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01.03. Fresh trading analysis: global markets rise, bond yields are down

Monday, March 1st, today’s news—Treasury yields are down, global markets rise. Pan-European Stoxx 600 is up 1.7%, Dow rises 300 points, oil is up amid the US stimulus package progress, dollar is down, riskier currencies in demand. The price of Brent oil is $65.40, WTI—$62.42, EUR/USD is at 1.2031, GBP/USD—1.3935, gold is …

Gold analysis

Gold futures contracts rose by nearly 1 percent during the Asian session, to witness their rebound for the second session from the lowest since June 15, 2020 amid the US dollar index rebounding to the second session since February 18, according to the inverse relationship between them following developments and …

AUDUSD analysis

The Australian dollar rose during the Asian session to witness its rebound to the second session from its lowest since the eighth of last February against its US counterpart, following the developments and economic data that they followed on the Australian economy and on the cusp of economic developments and …

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