Trading news

US Equity Markets Plummet, GBP Gains Amid Brexit Optimism

Equity markets collapsed yesterday in in what it seems as a Déjà vu of what happened in February. Once again, market chatter suggests that the catalyst behind the bloodbath may have been the steep rally in US Treasury yields. The pound continued to gain yesterday following comments by EU Chief Negotiator Michel Barnier.

Wall Street Tumbles and Triggers a Sense of Déjà vu

The dollar traded mixed against the other G10 currencies yesterday. The commodity-linked currencies CAD, AUD and NZD stayed on the back foot, while the safe-haven JPY was the main winner, as US equity plummeted in what it seems as a Déjà vu of what happened in February.

USD performance G10 currencies

The Dow Jones and the S&P 500 experienced their worst day since the 8th of February, falling 3.11% and 3.29% respectively, while Nasdaq plummeted 4.08%, the most since Brexit. Once again, market chatter suggests that the catalyst behind...

Read the full financial markets daily report on JFD Research.

JFD Brokers Review

Thursday, 11 Oct, 2018 / 7:51

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

Source : https://www.jfdbrokers.com/en/research/us-equity-markets-plummet-gbp-gains-amid-brexit-optimism

Trading news

 

Markets Trade in ‘Risk Off’ Mode, NZD Tumbles on RBNZ Cut Remarks

Markets traded in a risk-off fashion yesterday, perhaps due to headlines that [...]

Posted on Friday, 22 Feb, 2019 / 8:54 under

AETOS Market Commentary 22/02/2019

  AUDUSD The Aussie fell heavily on Thursday, closing at 0.7091(-76 [...]

Posted on Friday, 22 Feb, 2019 / 8:11 under

Gold Rally

Gold has updated the annual high at around $1346 per troy ounce. The last time [...]

Posted on Thursday, 21 Feb, 2019 / 1:12 under