The British pound outperformed the euro and the US dollar after the better-than-expected PMI. However, Brexit deadlock pushed the GBP down.
Tag - trading the news
The coalition of Pfizer and BioNTech have announced that the regulatory review of the Covid-19 vaccine is scheduled for October. This positive news may add some tailwinds to the Pfizer stock.
The sentiment is indeed risk-on today! S&P 500 surged to the all-time high, and EUR/USD jumped to levels unseen since May of 2018. Let’s have a closer look.
Risk-on is back on the market. The US dollar is dipping down, while riskier currencies and stocks are rising.
The week has started with a mixed sentiment on the market. Let’s discuss main market movements and latest news.
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.
Follow the report on August 14 at 15:30 MT time!
The Australian unemployment rate will be released on August 13 at 4:30 MT time!
The US dollar edged higher, while gold dipped down. Let’s discuss main news and market movements in detail.
The RBNZ will make the monetary policy statement on August 12 at 5:00 MT time!
The US NFP will be published on August 7 at 15:30 MT time.
The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.