Tag: gold price

daily market analysis
July 03, 2020 BY Valentina Kirilova

Daily market commentary: Gold volatility decreased once again

EUROPEAN SHARES Share markets opened mostly flat in Europe for the end of the week as benchmarks consolidate gains registered during Thursday’s bullish session following the higher-than-anticipated US job report, while the US remains shut for holiday. The recent batch of solid macro data from different economic zones (US NFP, Chinese Industrial Production, EU PMIs)…

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daily market analysis
July 02, 2020 BY Valentina Kirilova

Daily market commentary: Expectations for a quick economic recovery curb gold’s rally

EUROPEAN SHARES  European shares traded significantly higher on Thursday, continuing the bullish trend from Asian stocks and extending yesterday’s gains amid a renewed appetite for risk. Yesterday’s news about Pfizer and BioNTech’s successful vaccine trial turned market sentiment upside down as it came while investors were preparing to redirect their exposure from risk assets to…

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daily market analysis
June 29, 2020 BY Valentina Kirilova

Daily market commentary: The gold price is slowing down

EUROPEAN SHARES  European equities surprisingly opened higher following drops in Asian shares overnight where last week’s global risk-off sentiment continues. Bull traders managed to take control of European markets at the opening bell after China, EU’s second largest trading partner, published much-improved industrial production figures for May. However, this initial spike is likely to be…

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daily market analysis
June 26, 2020 BY Valentina Kirilova

Daily market commentary: The dollar index remains stable

EUROPEAN SHARES European shares opened without clear direction on Friday as market sentiment remains mixed for the end of the week. Despite a strong optimistic tone registered in June, investors’ risk appetite is now tempered by a renewed momentum in daily virus cases in many areas, as well as rising trade tensions between Washington and…

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daily market analysis
June 23, 2020 BY Valentina Kirilova

Daily market commentary: The spot price of gold remains steady

EUROPEAN SHARES  European stock indices opened significantly higher on Tuesday after Washington reassured investors on the state of the US’ relationship with China with President Trump stating the trade deal signed with Beijing in January was still “intact”. These few words were enough to offset recent uncertainty surrounding risk assets, reviving market sentiment and driving…

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