Markets

China’s leaders met to chart the nation’s economic course for 2021-2025, balancing growth with reforms amid an uncertain global outlook. The major Asia-Pacific stock indexes finished lower on Monday with Hong Kong closed for a bank holiday. The direction of the markets was primarily driven…

The direction of the December WTI Crude oil futures contract is likely to be determined by trader reaction to $39.42 and $38.83. U.S. West Texas Intermediate crude oil futures are down nearly 3% on Monday, extending last week’s losses as growing cases of COVID-19 in…

The direction of the EUR/USD on Monday is likely to be determined by trader reaction to the 50% level at 1.1811 and the 61.8% level at 1.1859. The Euro is trading lower against the U.S. Dollar on Monday, as surging coronavirus cases in Europe and…

In today’s Traders Edge Market Briefing, Tomasz found those amazing setups we thought you’d find interesting! DAX is making an attempt to break the neckline of the head and shoulders pattern, which can start a major downswing. FTSE is fighting on the 5800. Dollar Index…

Futures point south, with COVID-19 and stalemate on Capitol Hill testing sentiment. German business sentiment figures will influence later. Thursday, 29th October German Unemployment Change (Oct) German Unemployment Rate (Oct) Spanish CPI (YoY) Prelim Spanish HICP (YoY) (Oct) Prelim ECB Monetary Policy Statement ECB Interest…

With economic data on the lighter side, Brexit, COVID-19, and U.S politics will be the key drivers on the day. Earlier in the Day: It’s was a quiet start to the week on the economic calendar this morning. There were no material stats to provide…

The Euro has initially fallen during the trading session on Friday, only to turn around and show signs of strength again. The Euro has shown itself to be a bit more resilient during the trading session on Friday, as we initially sold during the Asian…

Silver failed to settle below the support at $24.55 and tries to gain upside momentum. Silver Gets Support From Weaker U.S. Dollar Silver has managed to stay above the nearest support level at the 50 EMA at $24.55 as the U.S. dollar is losing ground…

The efficiency, speed and resilience of cryptocurrencies give people financial inclusion and access advantages, said PayPal CEO Dan Schulman. Bitcoin prices surged earlier in the week after PayPal jumped into the cryptocurrency business, but not everyone in the crypto industry is thrilled with the news.…

Semiconductor-related stocks in Asia-Pacific were watched on Friday after chipmaker Intel reported mixed quarterly numbers. The major Asia-Pacific stock indexes closed mixed on Friday as investors showed little reaction to the U.S. presidential debate, while maintaining their focus on the outcome of U.S. fiscal stimulus…