Financial news: banks, currency


Gold Prices Head South as U.S. Dollar Perks Up

Gold Prices Head South as U.S. Dollar Perks Up

Gold prices were trading lower Wednesday, responding to a strengthening U.S. dollar that was weighing on commodity prices.


September 30, 2020
Global Stocks Pull Back, Acrimonious U.S. Debate Weighs
Global Stocks Pull Back, Acrimonious U.S. Debate Weighs

World stocks fell and safer assets, such as the yen and dollar, found buyers on Wednesday after a chaotic first U.S. presidential debate and rising...

Dollar Holds Line After Trump, Biden Clash in First Debate
Dollar Holds Line After Trump, Biden Clash in First Debate

The dollar was little changed in Asian trade on Wednesday, as traders assessed a fierce first debate between Republican President Donald Trump and...

September 29, 2020
JPMorgan Predicts 10% Rally for S&P 500
JPMorgan Predicts 10% Rally for S&P 500

Industrial and construction material stocks will be among the sectors that will benefit as U.S. markets hit fresh highs over the next year,...

Tencent to Take China's Sogou Private in $3.5 Billion Deal
Tencent to Take China's Sogou Private in $3.5 Billion Deal

Sogou Inc said on Tuesday shareholder Tencent Holdings Ltd would take the web search firm private in a $3.5 billion deal, making it the latest...

Wall Street's IPO Enemies Ready One-Two Punch
Wall Street's IPO Enemies Ready One-Two Punch

There have only been two direct listings on the New York Stock Exchange in the last two years. There is about to be two more in a single day.

Shares of LG Chem Rise after Report of Tesla's Interest in Battery Unit
Shares of LG Chem Rise after Report of Tesla's Interest in Battery Unit

Shares of LG Chem Ltd, which supplies batteries to Tesla Inc, climbed on Tuesday, after media said the U.S. electric vehicle maker was looking to...

GBP up on Brexit hopes; German CPI, US Presidential “Debate”
GBP up on Brexit hopes; German CPI, US Presidential “Debate”

Rates as of 04:00 GMT Market Recap I was out yesterday so my graphs today show the change from the NY close, not from 24 hours ago, which is what I...

Will Trump-Biden Debate Stop Market Rally?
Will Trump-Biden Debate Stop Market Rally?

Asian markets are moving upwards, gaining support from Wall Street’s bounce overnight. The S&P500 and Dow Jones added more than 1.5% on...

Sensex, Nifty rise on gains in IT stocks; TCS jumps
Sensex, Nifty rise on gains in IT stocks; TCS jumps

Indian shares rose for a third straight session on Tuesday, led by gains information technology sector and a surge in Tata Consultancy Services...

Copper Prices Edge up, but Steady U.S. Dollar Caps Gains
Copper Prices Edge up, but Steady U.S. Dollar Caps Gains

Copper prices advanced on Tuesday, though gains were capped as a steady U.S. dollar made greenback-priced metals less attractive to holders of...

Dollar Steady as all Eyes on U.S. Presidential Debate
Dollar Steady as all Eyes on U.S. Presidential Debate

The dollar held steady against a basket of currencies on Tuesday as financial markets braced for the first U.S. presidential debate, while traders...

September 28, 2020
U.S. Stocks Join in Global Rally; Dollar Weakens
U.S. Stocks Join in Global Rally; Dollar Weakens

U.S. stocks jumped after four weeks of declines and European shares added the most in three weeks as banks rebounded. The dollar weakened....

Gold Prices Rise, Find Footing as Dollar Weakens
Gold Prices Rise, Find Footing as Dollar Weakens

Gold futures on Friday were trading modestly higher as weakness in the dollar, helped to fuel some modest buying in bullion despite a rally in...

Banks Lift European Stocks After Last Week's Sell-off
Banks Lift European Stocks After Last Week's Sell-off

European stocks partially recovered from last week’s hefty losses on Monday, helped by upbeat industrial profits data from China and as...

Siemens Energy Debuts Modestly on Frankfurt Stock Exchange
Siemens Energy Debuts Modestly on Frankfurt Stock Exchange

Shares in Siemens Energy opened lower than expected on their first day of trading on the Frankfurt stock exchange, as the business gears up...

European Markets Rally as Banks Bounce; HSBC up 10%
European Markets Rally as Banks Bounce; HSBC up 10%

European stocks bounced Monday morning, looking to recover from their worst week since mid-June, with a global rise in coronavirus cases and...

Sterling Rises to Euro, Traders See Stage-by-Stage Brexit
Sterling Rises to Euro, Traders See Stage-by-Stage Brexit

The British pound rose to a 19-day high versus the euro and gained 0.7% against the U.S. dollar on Monday on hopes that Britain could secure a...

Dollar Near Two-Month High Amid Economic, Political Risks
Dollar Near Two-Month High Amid Economic, Political Risks

The dollar traded near a two-month peak against a basket of currencies on Monday, as doubts about economic recovery persisted before a barrage of...

Shares Bounce, But Currencies are Wary
Shares Bounce, But Currencies are Wary

The markets on Monday morning are supported by hopes for fiscal support in the US and progress in Brexit negotiations. Interestingly, the markets...

Nikkei Ends Higher on Boost From Ex-dividend Stocks
Nikkei Ends Higher on Boost From Ex-dividend Stocks

Japanese shares closed higher on Monday following bigger appetite for stocks that were set to go ex-dividend this week, although gains were capped...

Virus Fears Push European Stocks to Worst Week Since June
Virus Fears Push European Stocks to Worst Week Since June

European stocks recorded their worst weekly decline since mid-June on Friday, as investors feared that a second wave of coronavirus infections will...

September 25, 2020
Gold Slips Friday, Heads for Worst Weekly Slump Since March
Gold Slips Friday, Heads for Worst Weekly Slump Since March

Gold futures were headed lower again on Friday, with bullion on track to book its fourth decline in five sessions that could cement the...

China’s Growing Economic Can Be ‘Dilemma’ for U.S. Investors
China’s Growing Economic Can Be ‘Dilemma’ for U.S. Investors

As China grows in its economic and military strength, global investors and companies operating in the country face a dilemma, according to one...

New Support Hopes Eased Market Fears and Halted USD Uptick
New Support Hopes Eased Market Fears and Halted USD Uptick

Discussions around a new $2.2 trillion relief package in the US kept markets afloat on Thursday and are helping to build positive momentum at Asian...

Sterling Gains on More Stimulus Hopes After Sunak Move
Sterling Gains on More Stimulus Hopes After Sunak Move

Sterling rose against both the dollar and the euro on Friday as investors hoped Britain’s new scaled-back job support scheme will be followed...

Risk Currencies Recover Some Losses
Risk Currencies Recover Some Losses

The dollar stabilised below its recent two-month highs on Friday and riskier currencies erased some of their weekly losses, while equity markets...

CHF Down on Modest “Risk-on” Mood; US Durable Goods Orders
CHF Down on Modest “Risk-on” Mood; US Durable Goods Orders

Rates as of 04:00 GMT Market Recap A modest reversal yesterday as investors were encouraged by indications that House Speaker Pelosi and Treasury...

China Evergrande Undergoes Sell-off on Cash-Crunch Concern
China Evergrande Undergoes Sell-off on Cash-Crunch Concern

Investors sold off China Evergrande Group shares and bonds on Friday after a leaked document showed the nation's second-biggest property...

Copper Rebounds on Subdued Dollar; Set for 1st Weekly Loss
Copper Rebounds on Subdued Dollar; Set for 1st Weekly Loss

Copper prices on Friday rebounded from a one-month low hit in the previous session, as a weaker U.S. dollar boosted the appeal for greenback-priced...

September 24, 2020
Gold Adds to Slide, on Track for Longest Downtrend
Gold Adds to Slide, on Track for Longest Downtrend

Gold prices on Thursday headed lower, putting the precious commodity on track for a fourth straight decline and its longest skid since late April,...

Sri Lankan Shares Hit 7-Month High as Financials Jump
Sri Lankan Shares Hit 7-Month High as Financials Jump

Sri Lankan shares ended higher on Thursday, hitting a seven-month peak earlier in the session, driven by gains in financial and consumer stocks.

USD Consolidates Gains at 2-Month Highs on Economic Concerns
USD Consolidates Gains at 2-Month Highs on Economic Concerns

The U.S. dollar held at a two-month high on Thursday as investors sought its safe-haven appeal on growing concerns over the resilience of an...

Sterling Edges Higher Ahead of Sunak's Speech
Sterling Edges Higher Ahead of Sunak's Speech

Sterling edged slightly higher on Thursday ahead of an eventful day with Chancellor Rishi Sunak expected to unveil a new set of measures to support...

Global Shares Slide, USD up, Hopes of Economic Recovery Fade
Global Shares Slide, USD up, Hopes of Economic Recovery Fade

Global shares slid and the dollar rose on Thursday on investor concern about another economic hit from the coronavirus pandemic, ahead of German...

Europe Faces an Economic Winter as Virus Returns
Europe Faces an Economic Winter as Virus Returns

Europe is now grappling with a second wave of coronavirus infections that could once again wreak significant damage on the region’s economy....

“Risk-off” Sends USD up, Commodity Currencies Down
“Risk-off” Sends USD up, Commodity Currencies Down

Rates as of 04:00 GMT Market Recap The USD continued to rise, only this time it definitely was in response to a “risk-off” mood. Here...

Gold Extends Losses to Fourth Day on Dollar Rally
Gold Extends Losses to Fourth Day on Dollar Rally

Gold fell on Thursday to its lowest level in more than two months, crippled by a robust dollar, while investors fretted over uncertainties...

Dollar in Demand as Equities Retreat on Virus Concern
Dollar in Demand as Equities Retreat on Virus Concern

The dollar held onto gains against most currencies on Thursday as signs of an economic slowdown in Europe and in the United States revived concerns...

Nikkei Slips on Wall St Retreats, Data Signals Slow Recovery
Nikkei Slips on Wall St Retreats, Data Signals Slow Recovery

Japanese shares slipped on Thursday following hefty overnight losses on Wall Street after U.S. data reaffirmed concerns of a slow global economic...

September 23, 2020
Gold Falls, as Rise in Stocks and U.S. Dollars Weigh
Gold Falls, as Rise in Stocks and U.S. Dollars Weigh

Gold on Wednesday traded below $1,900 an ounce, a psychologically important round number, as positive momentum for stocks and a strengthening...

Banks Team Up as FX Trading Gets Tougher
Banks Team Up as FX Trading Gets Tougher

Faced with the costs of competing in a world of electronic and algorithmic trading, many banks are outsourcing parts of their foreign exchange...

Ant Group to Raise $17.5 Billion via Hong Kong IPO
Ant Group to Raise $17.5 Billion via Hong Kong IPO

China’s Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without setting up a cornerstone tranche...


Financial markets - huge opportunities for capital increase

Finance is a system of arrangements which has arisen in the course of the exchange of economic goods, where money was the main asset. The financial sector is focused on bank lending and the securities market. Modern financial market gives to potential investor a large opportunity to invest by purchasing shares, bonds, certificates of deposit, futures contracts and other assets.

Analysis of financial news as the key to successful trading

Traders always pay special attention to the finance, that is why it is very important always be aware of all events, which are related to the sector in one way or another. As a participant in the foreign exchange market trader should first sharpen his attention to the events which are connected with his favourable financial instrument.

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