The US NFP has delivered a massive and unexpected surprise. Employment gain was at +266k and unemployment rate slipped to 3.5%. Also annual wage growth was slightly higher than expected. After a week of disappointing US figures this is a U-turn and we see a proper market reaction: EURUSD down, GOLD down, US500 up. Gold is reversing lower from a resistance zone.
Death toll from a new coronavirus has risen to over 80 and markets remain jittery. Number of confirmed cases has risen to 2700. More and more countries...
6:13 AMCoronavirus continues to be the main market theme with the death toll rising to above 80 over the weekend. Risky assets like stocks and oil launched the...
PMI indices point to some manufacturing recovery Virus spreads quickly, scares markets Oil prices keep diving as demand concerns mount Friday...
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