Markets Update Friday 26/06/2020 – Torn

Frankfurt – 26/06/20 Torn According to experts, the market is torn between renewed corona worries and economic data that at least point to a moderate economic recovery.  However, the record number of infections in the US made investors very nervous today. In the past few days, the number of new corona infections in the United States has skyrocketed. Johns Hopkins ...

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Markets Update Thursday 25/06/2020 – Volcker rules!

Frankfurt – 25/06/20 Volcker rules! After Wall Street and co. had a hard time during the Asian session and in the morning in this country and recorded further losses, the tide suddenly turned.  The markets, especially the energy and financial sectors, benefitted the most when reports came out of potential easing of financial rules (Volcker rule). Subsequently, the banking and ...

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Markets Update Wednesday 24/06/2020 – Adios!

Frankfurt – 24/06/20 Adios! The fear of a second wave of the corona pandemic had investors fully under control again on Wednesday, for the infection figures do not point to an imminent end of the crisis. Given new lockdown announcements from Germany as well as continuing high infection numbers overseas, numerous investors said goodbye to the stock market today. For ...

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from Engine Forex https://engineforex.com/markets-update-wednesday-24-06-2020-adios/
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The risks of the enormous money-flood

The international central banks are reacting to the consequences of the corona crisis with a flood of liquidity. However, the measures designed to boost the economy in the short term and support companies and consumers will not only have positive effects in the medium to long term. The corona pandemic has plunged the global economy into massive chaos. To mitigate ...

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from Engine Forex https://engineforex.com/the-risks-of-the-enormous-money-flood/
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Markets Update Tuesday 23/06/2020 – Tech, Tech, Boom!

Frankfurt – 23/06/20 Tech, Tech, Boom! The tech giants Apple, Microsoft and Amazon, stormed new record highs on Tuesday. They drove the Nasdaq 100 index to an all-time high. The good mood then also rubbed off on many other markets. But gold, the crisis currency, also reached an 8-year high today.  These developments are highly interesting, as they reflect precisely ...

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from Engine Forex https://engineforex.com/markets-update-tuesday-23-06-2020-tech-tech-boom/
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Markets Update Monday 22/06/2020 – Are you listening?

Frankfurt – 22/06/20 Are you listening? As the new trading week begins, investors continue to find themselves caught between hopes of a rapid economic recovery and fears of a second wave of the corona pandemic. Investors are also continuously concerned about the rising infection rates in the US states of Arizona, South Carolina, Florida and Texas. Also, the World Health ...

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from Engine Forex https://engineforex.com/markets-update-monday-22-06-2020-are-you-listening/
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Markets Update Friday 19/06/2020 – Quadruple Witching Day

Frankfurt – 19/06/20 Quadruple Witching Day  Today, investors are closing out options contracts that are profitable due to expiration. Why is it a quadruple witching day? Because simultaneously, we get the expiration of stock-index options and stock-futures as well as single-stock options and single-stock futures. However, this time, witching day didn’t bring major price fluctuations and increased volatility. The focus ...

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from Engine Forex https://engineforex.com/markets-update-friday-19-06-2020-quadruple-witching-day/
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First crypto-ETF to be launched on XETRA

The London-based ETC Group intends to offer the first exchange-traded cryptocurrency product on the German stock exchange XETRA – the exchange-traded crypto ETC has already received approval from BaFin and is expected to be listed this month. At the same time, the crypto product represents a world first. As HANetf reports, BTCetc Bitcoin Exchange Traded Crypto (BTCE), an exchange-traded cryptocurrency ...

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from Engine Forex https://engineforex.com/first-crypto-etf-to-be-launched-on-xetra/
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Markets Update Thursday 18/06/2020 – Next Wirecard shock

Frankfurt – 18/06/20 Next Wirecard shock In addition to recently rising corona cases, investors are also unsettled by the higher tension between North and South Korea. On the other hand, the flood of cheap money from global central banks and numerous government programs designed to help the economy after the corona shock are trying to boost the economy further. The ...

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from Engine Forex https://engineforex.com/markets-update-thursday-18-06-2020-next-wirecard-shock/
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Markets Update Wednesday 17/06/2020 – Fear vs Hope

Frankfurt – 17/06/20 Fear vs Hope The global indices continue to fluctuate within a clearly defined range. It therefore currently looks as if investors are acting more cautiously after the past wave of euphoria and the subsequent sharp setback.  The most significant risk for the equity markets at the moment is a second severe wave of infection in the major ...

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from Engine Forex https://engineforex.com/markets-update-wednesday-17-06-2020-fear-vs-hope/
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Markets Update Tuesday 16/06/2020 – Stimulated

Frankfurt – 16/06/20 Stimulated Last week, the Fed’s gloomy economic outlook had accelerated the stock market slide. Now it is the central bank, of all people, that is stopping the series of losses on the stock markets by announcing new injections of liquidity.  As already reported in yesterday’s Markets Update, the Fed is expanding its bond purchases, and the Trump ...

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from Engine Forex https://engineforex.com/markets-update-tuesday-16-06-2020-stimulated/
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Markets Update Monday 15/06/2020 – Trillion-dollar bounce

Frankfurt – 15/06/20 Trillion-dollar bounce A new coronavirus outbreak in Beijing at the beginning of the week heightened the concerns of investors on the stock market about a new wave of infection.  In addition to the economic discussions on how to overcome the crisis, medical aspects are thus once again increasingly attracting investors’ attention. At the latest since new contagions ...

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from Engine Forex https://engineforex.com/markets-update-monday-15-06-2020-trillion-dollar-bounce/
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Crypto-Continent Africa

Cryptocurrencies are increasingly being adapted in many countries around the globe. However, on the African continent, people’s interest in Bitcoin & Co. is far above average. A study has now taken a closer look at the possible crypto-future of Africa. Cryptocurrencies are becoming more and more popular in the middle of society and the corporate enterprise world. This trend is ...

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Markets Update Friday 12/06/2020 – Crossroads

Frankfurt – 12/06/20 Crossroads Investors are caught between hope and fear – between the liquidity boosts provided by central banks and recessionary fundamentals.  After the cautious tenor of the US Federal Reserve and rising corona case numbers in the US, investors fled back to the defensive towards the weekend – although not everywhere. Fears of a second wave of corona ...

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from Engine Forex https://engineforex.com/markets-update-friday-12-06-2020-crossroads/
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Markets Update Thursday 11/06/2020 – Second wave of fears

Frankfurt – 11/06/20 Second wave of fears The Fed’s gloomy economic forecast from the previous day scared investors and triggered a drastic slide in prices today. The corona crisis will put a heavy burden on the economy, the labour market and inflation, warned Fed Chairman Jerome Powell. There were considerable economic risks. “This is the biggest economic shock we can ...

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from Engine Forex https://engineforex.com/markets-update-thursday-11-06-2020-second-wave-of-fears/
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Markets Update Wednesday 10/06/2020 – “No new Great Depression”

Frankfurt – 10/06/20 “No new Great Depression” The US Federal Reserve did not come as a surprise at its press conference today on the last meeting. As expected, the US Federal Reserve has not touched its key interest rate. It remains in a range of zero to 0.25 per cent, according to a statement by the Fed after its interest ...

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Markets Update Tuesday 09/06/2020 – Exhaustion

Frankfurt – 09/06/20 Exhaustion Over the past eleven trading days, many of the global indices have staged an impressive recovery rally, driven by optimism about the easing measures from the corona crisis and numerous aid programs from central banks and governments. However, the crisis is not yet over, even if other data indicate a recovery. Therefore, it didn’t come as ...

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from Engine Forex https://engineforex.com/markets-update-tuesday-09-06-2020-exhaustion/
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Markets Update Monday 08/06/2020 – Flight-mode

Frankfurt – 08/06/20 Flight-mode The bears made a first delicate attempt today to disrupt the stock market party that has been going on since May. The latest rally continues to be driven by the great hope of a rapid recovery of the economy after the crisis. In any case, the stock market has already given a lot of advance praise ...

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from Engine Forex https://engineforex.com/markets-update-monday-08-06-2020-flight-mode/
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