Cathie Wood’s Ark Invest filed for the creation of a Bitcoin ETF. Apple and Amazon jumped and airlines and cruise operators dropped as the reflation trade waned.
Tag - oil
The main events of the week are Non-Farm Payrolls (NFP) on Friday and the OPEC meeting on Thursday. Watch the video to get the fresh outlook for currencies, stocks, & commodities for the June 28- July 02 trading week!
US500 (S&P 500) had the best week since February as concerns that the Federal Reserve will raise rates eased. The most impressive gains were shown by Nike and Virgin Galactic. Brent oil is trading near $75.
The main events of the week are Non-Farm Payrolls (NFP) and the OPEC meeting. Jump in and get fresh trade ideas for the whole week!
The Bank of England held a meeting yesterday. The statement was more dovish than expected: there were no policy changes and no new hints about future rate hikes. After that, GBP/USD dropped to 1.3900.
The Bank of England was more dovish than expected and pressed down GBP/USD to 1.3900.
The Bitcoin “death cross” has occurred: the 50-day moving average has crossed the 200-day moving average upside down, giving a bearish signal. The S&P 500 rallied the most in five weeks!
The Bitcoin “death cross” has occurred. The S&P 500 rallied the most in five weeks! Crude oil and gold jumped as the US dollar weakened.
Optimistic forecasts on oil prices, nuclear talks with Iran, and upcoming OPEC+ meeting. How to trade oil these days?
Last week the USD soared versus other major currencies, while gold headed for the biggest weekly loss in 15 months. Let’s see what new moves await us this week!
The US dollar has surged to levels unseen since April after the Fed's decision back on Wednesday. Gold has reversed up from the local dips. Still, this week was the worst for gold in more than a year.
The day of the Federal Reserve has finally come! What are the technical levels ahead of the meeting? What scenarios are there? Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/JPY, gold, and oil!