Traders expect the US dollar to resume rising at least against European currencies. The eurozone industrial production data almost met the forecast showing a decline of 7.2%. However, economists had predicted a bit smaller drop. The main reason for such
Oil is extending gains on Wednesday after a big drop in US oil stockpiles. Brent oil futures rose by 0.88%. Likewise, WTI crude was moving higher in the Asian session. The ruble is losing ground against the US dollar. On
Markets got stuck ahead of the publication of the US Presidential election results. The market stagnation is likely to take place until tomorrow’s Asian session. Notably, preliminary data will be revealed just after the US trading session. Let’s try to
Today the most anticipated event of this year, namely the US presidential election, has finally taken place. As highly expected, the announcement of the final results is delayed. While votes in mail-in ballots are being counted, the market sentiment has
In early session, oil prices came under pressure from the data provided by the American Petroleum Institute that broke off the rally in the energy market. The ruble is trading in a downward trend after two days of gains. Traders
Futures on the benchmark US stock indexes are developing a steady rally. The US dollar was hurt by upbeat China’s GDP for the third quarter, strong gains in industrial output, and expansion in retail sales. The Canadian dollar is expected
Wall Street is trading lower on Monday. The US dollar asserts strength. The Canadian dollar is giving to its stronger American rival. Futures on the US benchmark stock indexes are trading on the choppy bear market. Recently, futures were frequently
Futures on the US benchmark stock indexes are trading mainly higher. Besides, the US dollar is extending strength against a basket of six major rivals. The greenback hit the highest level in two months amid fears about the second pandemic
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