February 20, 2020 @ 20:54 UTC
Oil prices rose further on Thursday after a U.S. report showed a draw in gasoline inventories and a much smaller-than-anticipated rise in crude stocks. U.S. gasoline stockpiles fell by about 2 million barrels in the week to Feb. 14, while...
February 20, 2020 @ 20:25 UTC
It is premature to give precise projections of economic growth in China and the World in 2020 following the outbreak of coronavirus, IMF Managing Director Kristalina Georgieva said on Thursday. The IMF is still reviewing its projections for growth in...
February 20, 2020 @ 20:05 UTC
Bitcoin (BTC) took an unexpected dive, plunging $600 in a matter of minutes. The plunge saw 15 of the 20 largest crypto assets by market cap down 5% or more on this time yesterday. The price drop began around 21:45...
February 20, 2020 @ 18:08 UTC
Nvidia rising inside short-term impulse wave 3 Likely to rise to 330.00 Nvidia has been rising sharply in the last few trading session inside the short-term impulse wave 3 – which belongs to the medium-term upward impulse sequence (5) from the start...
February 20, 2020 @ 18:07 UTC
Gold broke pivotal resistance level 1610.00 Likely to rise to 1650.00 Gold recently broke sharply above the pivotal resistance level 1610.00 (which stopped the previous sharp impulse wave 1 at the start of January, as can be seen from the...
February 20, 2020 @ 18:06 UTC
AUDCAD broke key support level 0.8840 Likely to fall to 0.8750 AUDCAD continues to fall sharply after the earlier breakout of the key support level 0.8840 (which has been reversing the price from the start of October, as can be...
February 20, 2020 @ 16:53 UTC
Market overview European and US indices recede from the highs reached overnight. Nasdaq added 7.7% this month, jumping from the levels near 9000 to 9700 and to just a couple of steps from the critical 10000 milestone. In the FX,...
February 20, 2020 @ 16:15 UTC
The price of gold was approaching seven-year highs on Wednesday, as investors shrugged off a surging dollar that’s normally seen as a headwind for precious metals. Gold is rallying on the back of renewed haven demand as central banks prepare...
February 20, 2020 @ 16:06 UTC
The U.S. Dollar Index, a widely-watched measure of the currency versus its peers, is close to breaching 100 for the first time since 2017, as the currency proves a haven of choice for investors confronting risks from the spread of...
February 20, 2020 @ 15:57 UTC
The impact of the coronavirus outbreak in China on U.S. economic growth will be negligible and short-lived, according to economists in a Reuters poll who nonetheless now say risks to their forecasts are skewed more to the downside. The outbreak...
February 20, 2020 @ 15:42 UTC
Bitcoin once again breaks the hearts of those hoping not to see it “below $10K” again. The price trend of the last few days is similar to the roller coaster. The more hopes in the media for a final reversal...
February 20, 2020 @ 15:36 UTC
China called for solidarity on Thursday in a special meeting to discuss the coronavirus outbreak with Southeast Asian nations as it faces criticism for its handling of the epidemic. The hastily called summit in Laos signaled China is seeking support...
