Home About the company Daily reviews 07.10. Fresh trading analysis: outlook for the new stimulus in the US, markets recover

07.10. Fresh trading analysis: outlook for the new stimulus in the US, markets recover

07.10.2020

Market Review

Wednesday, October 7th, today’s news—Trump postpones stimulus talks until after the election. Markets reacted with a decline, quickly followed by a recovery amid the rising popularity of the Democratic candidate Joe Biden, and the expectations of a massive stimulus package in case of his victory. The price of Brent oil is $39.84, WTI—$39.81, EUR/USD is at 1.1763, GBP/USD—1.2989, gold is $1,892.95 per ounce.

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