S&P 500 made a strong close on Monday as traders await earnings reports of the largest US companies.
Rising USD/CHF, Disney, S&P500 at records / Trade ideas for August 13
The USD felt better after the US producer inflation surpassed forecasts and American unemployment claims fell for the third week. Gold has a chance to test higher levels, while oil is struggling with the negative news from China. In the meantime, Disney reported earnings and may offer a good trade. Watch the video to learn more!
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Rallies in China’s technology equities and property shares were among the more notable moves. Local media said Evergrande paid a dollar-bond coupon before a weekend deadline, easing concerns about possible contagion from any default by the firm. What else can we spot today?
The US dollar is heading to close the seventh day in the red as it remains under selling pressure. Will the US economic data today support the greenback?
Bitcoin futures first ETF brought lots of positive to the crypto market, Bitcoin tested its all-time high of $64…