Trading news

The Important Things That You Should Know On 20/10/2020

1) The US dollar retreated after US officials reported have made progress toward a fiscal deal. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have reportedly been narrowing their differences after holding a long call.

2) Challenger Joe Biden is leading the election in cities and states polls. The FiveThirtyEight and The Economist foresee that 90% Joe Biden will win the election.

3) Brexit talks halted, but the EU and the UK are in contact to further development. UK wants EU to announce more concessions before agreeing to intensify the talks.

4) Coronavirus in UK is surging and UK Prime Minister Boris Johnson is expected to slap restrictions on the Greater Manchester area. Wales announced a strict lockdown while London remains under relatively looser rules.

5) Coronavirus in Europe continue to rise rapidly with several countries and regions announcing more restrictions. European Central Bank President Christine Lagarde warned that the recovery could stall.

6) Moderna will show the interim results from its Phase 3 immunization trial in November and would seek approval from the US Food and Drugs Administration (FDA).

Xero Capital Markets Ltd. Review

Tuesday, 20 Oct, 2020 / 9:25

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Weak Economic Data supported higher prints – GOLD Market Outlook – 26/11/2020

Gold hit our long entry resistance target at 1815, bouncing off the 1800 [...]

Posted on Thursday, 26 Nov, 2020 / 10:03 under

Euro bulls targeting 1.20 – EUR/USD Market Outlook – 26/11/2020

The Euro extends gains above 1.19 after weaker than expected US macro data [...]

Posted on Thursday, 26 Nov, 2020 / 9:37 under

Help is On the Way

The Fed considers helping the US economy “fairly soon”, the ECB [...]

Posted on Thursday, 26 Nov, 2020 / 8:54 under