Analysts Argue that the Oil Bump Will be Short Lived – Orbex Forex Trading Blog

At Wednesday’s close, the Dow Jones (US30) Index was down 0.96%, the S&P 500 Index (US500) decreased by 0.92%, and the NASDAQ Technology Index (US100) closed yesterday negative 1.55%. All three major US equity indices closed sharply lower on Wednesday amid rising Treasury yields and concerns over the upcoming US elections. Investors and hedge funds…

1 Manual placing Buy/Sell orders, Enable/disable direction(s) for automated trading. Before any trade becomes to sent to market, a “CONFIRM” butten is shown up to avoid opening an order by mistake. 2 „SESS. ON“ enables automated opening the daily session. “SESS. 1nc” enables only the next following session. “SESS. OFF” disables automated trading. 3 Manual…

The Australian Dollar (AUD) is trading higher against the US Dollar (USD) for the third consecutive day on Wednesday, boosted by investors’ optimism about the ceasefire in Iran. The pair, however, has retreated from session highs at 0.7084 during the European trading session, returning to levels around 0.7040 at the time of writing as the…

On Friday, disappointing figures showed that in August the Canadian economy lost 65,500 jobs (the forecast had been for an increase of 10,000), while the unemployment rate rose to 7.1%. This is the highest level of unemployment since May 2016, excluding the pandemic period. It is believed that:→ the deterioration in the labour market (primarily…

It doesn’t sound like the US and EU make a quick deal on trade that will drop the 50% tariffs that Trump recommended today and to go into effect on June 1. The US is fully engaged and committed to securing a deal that works for both EU commission remains ready to work in good…