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Market Update, May 28, 2021
Analysis

Market Update, May 28, 2021

The dollar is rising across the boardYesterday the U.S. published data mixed the market. Dow and SP500 both closed higher, but Nasdaq was under pressure. In summary, these data show that the U.S. job market is gradually improving. As the state govern...

Author:
Ahura Chalki
Published on: 28.05.2021 11:30 (UTC)
1304
US data and market reaction
Analysis

US data and market reaction

Mixed data and confused traders! Today we were waiting for four critical data from the United States. Durable goods orders, GDP, Jobless Claims, and Pending Home Sales.On the employment front, new applications for registered unemployment benefit...

Author:
Ahura Chalki
Published on: 27.05.2021 18:46 (UTC)
1256
Oil Market review
Analysis

Oil Market review

WTI Technical and Fundamental analysisAccording to the Energy Information Administration's report, U.S. crude oil inventories declined slightly more than estimates in the week ending May 21. Compared with1.05M decline expectations, crude Oil inventor...

Author:
Ahura Chalki
Published on: 27.05.2021 12:36 (UTC)
2521
Highest close since February?
Analysis

Highest close since February?

RBNZ turning to Hawkish policyEven though NZDUSD corrected a bit lower during North American Season TO 0.7285 after an earlier high to 0.7315, Kiwi is still trying to close at its highest level since February 26. The Kiwi printed the best performer o...

Author:
Ahura Chalki
Published on: 26.05.2021 19:31 (UTC)
1178
Gold Technical and Fundamental analysis
Analysis

Gold Technical and Fundamental analysis

XAUUSD Seeking for a convincing reasonMarket volatility since last week has set the investors in an unstable and precarious condition. Stocks mostly are trading even overpriced and high prices, making it risky for new investors and positions, especia...

Author:
Ahura Chalki
Published on: 25.05.2021 16:31 (UTC)
1239

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