Coinbase dropped by 6.5% in pre-hours trading today, after reporting that revenue and earnings came out slightly worse than expected. Gold is moving up to $1840. EUR/USD is attacking local highs.
US inflation rose to a 13-year high making the USD rise…
The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.
Stocks especially tech ones dropped on Tuesday as increasing commodity prices raised concerns over inflation. Gold is often viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.
Find out the key market movers for the upcoming week
NFP release is coming and we are pretty excited about it! Watch the video and find out what to trade today
While the GBP is preparing to see some news from the Bank of England and the political circles, the market is rather quiet and indecisive today - let's see the trends around.
Trading stocks may be most beneficial in the corporate earnings reports season. Discover why!
Wacth the video to get the full market wrap!
Trading opportunities for stocks and currencies
It's a very interesting week: the reports of the Australian central bank and Bank of England will be out, also NFP will be released on Friday!
While we're preparing for the Marathon next week, see what's cooking in the Forex market!