Dow Tests 26,400 Support as Sentiment Sours, Gold Breaks above $1,900
The Dow Jones fell to 26,400 support on virus and geopolitical headwinds. Gold surged above 1,900 to a nine-year high. Fed meeting, US GDP, earnings in focus.
Read More »Dow Jones Back to 27,000, Hang Seng Weighed by US-China Tension
The Dow Jones Index climbed to 27,000 on upbeat earnings. The Hang Seng Index fell after the US ordered a closure of China’s Houston consulate. The Offshore Yuan is under…
Read More »Day Trading Futures: Benefits and Risks Involved
Futures are among the most useful financial instruments in the market. In short, futures allow you to buy and sell financial assets based on their futures. A good example of…
Read More »Australian Dollar May Wilt with Dow Jones, S&P 500 Looking Wobbly
The Australian Dollar may fall as rising US coronavirus cases may result in lockdowns being reinstated. The S&P 500 and Dow Jones also look wobbly with earnings season in full…
Read More »Dow Jones Eyes Support, Straits Times Faces Singapore General Election
The Dow Jones and S&P 500 declined as the Nasdaq Composite rose. Ahead, the Shanghai Composite may fall as the Straits Times index eyes the Singapore General Election.
Read More »Sell in May and Go Away: Why it’s a Bad Idea for Traders
The stock market has been relatively volatile this year. In March, the Dow Jones and the main indices had their worst and best days on record as traders tried to…
Read More »Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil
The US Dollar has slowed its descent with the Dow Jones leveling off as crude oil prices rise with lockdown easing bets. US-China tensions seem to be heating up which…
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