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Daily trading analysis for June 8, 2020

Monday, June 8th—today's news: oil prices rise as OPEC+ countries agree to extend the production cuts for one more month. American and European markets are trading lower, Asian stocks hit three-month highs. EUR/USD is at 1.1302, GBP/USD—1.2690; Brent oil is $42.72 per barrel, gold is $1,697.40. Read the daily selection of analytical reviews from Grand Capital …

How Trump, protests, and virus affect the US market

As protests and outbreaks of violence sweep across the United States, the economy is only beginning to recover from the new coronavirus pandemic. As if this wasn’t enough, conflict broke out between President Trump and the microblogging platform Twitter, a conflict that may affect other social media giants. Traders, investors, …

Daily trading analysis for June 5, 2020

Friday, June 5th—today's news: European markets rise as the ECB announces a new stimulus package, euro is stronger. Asian markets may have the best gains this week in nine years, Dow Jones rose by more than 200 points. EUR/USD is at 1.1330, GBP/USD—1.2631; Brent oil is $41.02 per barrel, gold is $1,712.50. Read the …

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