OPEC is thinking of an emergency meeting. Why is that?
Daily Market Analysis
The last week of January was quite shaky for the markets, as the news on coronavirus pushed investors to buy safe-haven assets and Treasuries and selling the risky assets.
Coronavirus is the theme of the day. How does it affect the gold price? What are the long-term consequences and how to trade it?
Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.
Finally, it happened: on January 31, 2020, the UK officially left the European Union. It was a long way since June 2016 when the Brexit referendum took place. Many things have changed. Nevertheless, it’s not the end yet.
The Federal Open Market Committee is meeting today at 21:00 MT time.
An earnings report may easily move Amazon stock price $50-100 away from where it is now. In which direction may it be?
The stock price of this company presents a lot to think about. Is it a good time to enter the market with Alibaba shares?
This time, the coronavirus has affected not only China but the whole market sentiment. Let’s figure out why this has happened.
The sideways trading of USD/CAD may be finally over after the meeting of the Bank of Canada at 17:00 MT time.
In times of political and economic uncertainties, analysts recommend investing in safe-haven assets. However, since recently, the USD with the weak American economic data and the easing monetary policy has been losing its status. What about the JPY and XAU? The situation is unclear.
Walmart stock price has been in a downtrend recently. Do we have to worry?