The US dollar edged higher, while gold dipped down. Let’s discuss main news and market movements in detail.
Italian Parliamentary Election
Italian election represents a significant risk for the euro. The problem is that coalition parties have difficulties in agreeing on whether Italy should be in the European Union or not.
If the opposition gets the majority in the parliament, it will shake the stability of the EU and the EUR. On the other hand, if pro-European parties win, the euro will revive with new force. So, let’s see what happens and trade on the outcome.
The market sentiment improved after the USA reported some decreasing in coronavirus hospitalizations. Gold dropped below $2 000 and the US dollar dipped down, while stocks surged. Let’s have a closer look.
The market has started the week with a mixed sentiment…
Follow the report on August 14 at 15:30 MT time!
The market sentiment switched to risk-on. The US dollar is dipping down, while riskier assets are rising, especially the Australian dollar after the positive employment data. All eyes on US unemployment claims.
Everyone is talking about a stock split of Tesla. What is it?