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Global stocks were mostly lower on Monday, following the weakness on Wall Street on Friday that stemmed from the weaker-than-expected retail sales report for December.
Global stocks were mostly lower on Monday, following the weakness on Wall Street on Friday that stemmed from the weaker-than-expected retail sales report for December.
Asian equity markets began the week cautiously after Friday’s losses on Wall St. Mixed Chinese GDP added to the tentative mood for stocks.
Market sentiment is not very distinctive…
Jump in to get the technical analysis of GBP/JPY and GBP/USD!
Check the performance of the market for Friday
Donald Trump was impeached by the US House because of his role in a riot by his supporters that left five dead. The trial that should follow after Trump stops being President should draw much attention.
Asian equity markets mostly lacked firm direction as bourses took their cue from the rangebound session in the US where tech losses were offset by cyclicals.
WTI oil price doesn't seem to care much about what's happening in the US Capitol. Why should it, right? Anyway, the USD is trembling - see the market update.
The GBP is the strongest and the USD is the weakest.
Brexit is done. What will happen to the UK economy and the pound? Discover in the article.
10-year US Treasury yields reached 1.15%, which is the highest level since March. Higher yields should increase the demand for the USD.
The USD recovered from multi-year lows. What are the key levels and targets for EUR/USD, GBP/USD, USD/JPY, AUD/USD, gold, and oil in the coming days? Watch the video to find out!
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