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10.08. Fresh trading analysis: optimism from China and rising oil prices

Monday, August 10th, today’s news—global markets rise amid the positive economic data from China. The US dollar is stronger, oil prices rise following the optimistic demand data from Saudi Arabia. The price of Brent oil is $44.95, WTI—$41.91. EUR/USD is at 1.1771, GBP/USD—1.3074, gold is $2,034.80 per ounce. Read the …

07.08. Fresh trading analysis: TikTok ban in the US

Friday, August 7th, today’s news—the US President Donald Trump issues ban on TikTik and WeChat in the country, plunging the stock prices of their parent companies and driving up the stock price of their American competitor, Facebook. EU markets are expected to go lower amid the escalating US-China tensions, while …

06.08. Fresh trading analysis: Germany's production data

Thursday, August 6th, today’s news—Germany's factory orders soared 27.9%, but European markets are still mixed overall. The US dollar continues to weaken, while the pound sterling is supported by the Bank of England's decision to keep rates steady. The price of Brent oil is $44.95, WTI—$41.76. EUR/USD is at 1.1848, …

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