Gold keeps rising and rising: is time for a surprise?
Gold rose a hundred dollars in the week. How much fuel does the rally have? When everybody sees prices moving in one direction, odds of a surprise increase On Thursday,…
Europe at extremes: From Brexit to the Next Generation EU
The European project is having a year to remember at both extremes regarding integration. One of its members left the block and months later, the remaining 27 members agreed to…
Bloody Tuesday for USD, the sell-off might not be over yet
After many days of range-bound trading, many forex crosses made breakouts against the US dollar; a similar situation applies to gold and crude oil. If current levels are sustained, the…
Crude oil: WTI and the area of $40, can the romance last?
Over the last months, volatility across financial markets trended lower, as the CBOE Volatility Index (VIX) shows. The index is near the bottom of the COVID-19 crisis. Low volatility usually…
The Market ends the week with mixed sentiment
As always, context has been a game changer in stock movements. Coronavirus is still influencing trader sentiment and international markets since cases are on the rise in both the USA…
Apple wins the court battle with the EU for €13B; what does that mean?
A “political crap.” That’s what Apple CEO Tim Cook called the European Commission decision to order the Cupertino based company to pay 13 billion euros in taxes to Ireland back…
A V-Shape Recovery that is not that V in a Schizophrenic Market
The coronavirus spike in the United States has affected the new normality, and the positive impression with the V shaped economic recovery charts. On Thursday, Johns Hopkins University published the…
AvaTrade launches one-click risk management tool AvaProtect
“Worried about losing on a position? AvaTrade has you covered.” In that way, CFD and Forex trading platform AvaTrade promoted its new brand risk management tool AvaProtect on its website.…
Walmart+ to Start on July – Another Chapter on the war Against Amazon
Walmart+ will be launched this month to begin the competitive race with Amazon Prime. The subscription will cost $98 a year and it will give access to delivery services such…
Amazon breaks above the $3,000 level and extends rally
As Americans return from the Fourth of July long weekend, they are back with their famous worldwide optimism and belief in the American dream. A proper proof is today’s market…
