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    quotations analysis

    18 June 2020
    JUN 18,2020

    Daily Market Analysis Market Focus Fed’s Chief Powell testifies before Congress for a second consecutive day. Among other things, he claimed that the central bank stands ready to do more to aid the economic recovery if more needs to be …

    17 June 2020
    JUN 17,2020

    Daily Market Analysis     Market Focus Stocks rose for a third day as optimism over a recovering U.S. economy overrode concern that coronavirus cases are worsening in locations ranging from Texas to China. Treasury yields rose and the dollar …

    16 June 2020
    JUN 16,2020

    Daily Market Analysis Market Focus The dollar swung at equities’ rhythm this Monday. The greenback benefited from safe-haven demand throughout the first two sessions of the day, amid concerns of a second wave of coronavirus contagions across US states and …

    15 June 2020
    JUN 15,2020

    GOLD Gold markets went on a rally during the week, wiping out the loss from the previous week. However, the market entered a phase of consolidation since Wednesday and has been going up and down between 1723 and 1745 for …

    12 June 2020
    JUN 12,2020

    Daily Market Analysis Market Focus The Dow Jones Industrial Average extended its rout to 7%, with all of its 30 companies dropping. The S&P 500 slumped almost 6%, approaching the 7% threshold that would trigger an exchange-mandated trading pause. Airlines, …

    10 June 2020
    JUN 10,2020

    Daily Market Analysis Market Focus The S&P 500 Index more than 1% and touched its highest level since late February at 3,233 points. With investors looking to books their profits ahead of Wednesday’s FOMC announcements, the index is undergoing a …

    9 June 2020
    JUN 09,2020

    Daily Market Analysis Market Focus The torrid rally in U.S. stocks pushed the S&P500 into the green for the year as easing lockdowns bolstered economic optimism. A jump to a 15-week high on Monday extended the benchmark’s surge from its …

    8 June 2020
    JUN 08,2020

    GOLD Gold experienced some aggressive selling in response to upbeat Nonfarm Payroll report. Surging US bond yields and stronger USD contributed to the bearish momentum on Gold. The Gold rally on Thursday failed to extend further and has lost more …

    5 June 2020
    JUN 05,2020

    Daily Market Analysis Market Focus   The major indexes in the US started the day off slightly lower on Thursday as the risk rally has finally slowed down on its momentum. The weekly data released earlier in the day revealed …

    4 June 2020
    JUN 04,2020

    Daily Market Analysis Market Focus   The market remained in risk-on mode on Wednesday, making the USD continue to lose further. S&P 500 is trading at levels that have not been seen since early March 2020, NASDAQ has closed up …