Read more
CFDs and Options are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Options work and whether you can afford to take the high risk of losing your money

CFDs and Options are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Options work and whether you can afford to take the high risk of losing your money

8:20 pm · 14 July 2020

Daily summary: Global stocks slip as hopes fade for quick economic rebound

• European stocks down on Tuesday
• California put new restrictions on indoor activities
• Growing tensions between the US and China
 
Europen inidces finished the session in red as concerns about a second wave of COVID-19 infections and its impact on global economy weighted on market sentiment after California Governor Newsom reimpose restriction measures in order to contain the rapid spread of the coronavirus. In addition, tensions between the US and China increased after Washington formally rejected most of Beijing's maritime claims in the South China Sea. American Secretary of State Michael Pompeo said that "Beijing’s claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them". European investors are looking forward to ECB monetary policy meeting on Thursday and an EU summit later this week as European leaders will be discussing the €750 billion common recovery plan and the bloc's long-term budget. Today DAX lost 1.06%, CAC 40 dropped 1.25% and FTSE 100 finished 0.10% lower.
 
US indices are trading mixed during a volatile session as investors digested a mixed quarterly earnings reports from the major US banks but technology stocks fell on worries over new business restrictions in California. The dollar index erased early gains to trade at 96.3 on Tuesday after data showed US consumer prices rose by the most since August 2012 in June, while a record increase in COVID-19 cases could keep inflation muted and allow the Fed to unveil more stimulus measures in coming months.

Gold rose on Tuesday and is trading around  $1,800 an ounce, supported by concerns over a delay in global economic recovery and US-China tensions and as the dollar lost momentum.

WTI oil managed to erase early losses and is holding above $40.3 per barrel, after OPEC announced that oil demand would drop by 8.95 million bpd in 2020, slightly lower compare to last month forecasts, before rising by a record 7 million bpd in 2021 as the global economy recovers from the coronavirus crisis.  All eyes will be on the upcoming OPEC meeting although the cartel most likely will reduce the record supply cut of 9.7 million bpd to 7.7 million bpd from August through December. Brent crude traded around $43 a barrel.

There is quite a lot of data scheduled for release tomorrow.  BoJ interest rate decision  and Westpac Consumer Confidence Index will be the key releases of the Asian session while UK inflation figures will be on watch during European trading hours. Apart from that,OPEC will start its two-day  meeting. Some investors belief that OPEC and Russia could cut production again given the continued worries about demand. During the US trading hours, attention will be paid to BoC interest rate decision, US - June industrial production figures and EIA Crude Oil Inventories report. Last but not least, FED’s Bullard is scheduled to speak. On the earning s front Goldman Sachs, U.S. Bancorp and eBay Inc., will publish their quarterly results.
NZDUSD has been trading in an upward trend recently. However, price did not manage to stay above the high from 8th June and a double top pattern may be on the cards. The 0.6372 handle is a key support for now. If sellers manage to break below, a bigger downward correction may start. On the other hand, bouncing off the support may trigger another upward impulse. Source: xStation5
9 April 2026, 8:47 pm

Daily Summary: Fragile Ceasefire, Tense Markets, and Mixed Signals from the US
9 April 2026, 4:51 pm

US Open: GDP Slows Sentiment, Middle East Tensions Persist
9 April 2026, 3:30 pm

BREAKING: U.S. PCE Data In Line with Expectations. EURUSD shows no reaction!
9 April 2026, 11:11 am

Chart of the day: GOLD loses all its steam amid war and policy uncertainty 🟡 (09.04.2026)

The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.

Forex Commodities Indices