Tag - stocks market

August 13: risk-on is back
August 13: risk-on is back

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.

August 6: GBP surged after BOE report
August 6: GBP surged after BOE report

The market sentiment is indeed risk-on today! Gold has approached to the key resistance at $2 050 and the S&P 500 is eyeing all-time high at 3 390.

August 4: S&P 500 and Nasdaq surged
August 4: S&P 500 and Nasdaq surged

The current slowdown in new virus cases in the USA improved the market sentiment. Sino-American tensions are escalating. Let's have a closer look at the AUD, S&P 500, gold and the GBP.

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