Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
Futures down after US oil futures plunge - 21.4.2020
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="IFC Markets, post: 179905, member: 18359"] [SIZE=6][B]Top daily news[/B][/SIZE] Global markets are in selling mode currently after US oil futures crashed into negative territory on Monday. With investors worried about scope of coronavirus outbreak impact on global economy, US Senate may vote today on more financial aid for small businesses. [SIZE=6][B]Forex news[/B][/SIZE] [TABLE] [TR] [TD]Currency Pair[/TD] [TD]Change[/TD] [/TR] [TR] [TD]EUR USD[/TD] [TD]-0.51%[/TD] [/TR] [TR] [TD]GBP USD[/TD] [TD]-0.36%[/TD] [/TR] [TR] [TD]USD JPY[/TD] [TD]-0.21%[/TD] [/TR] [TR] [TD]AUD USD[/TD] [TD]-0.49%[/TD] [/TR] [/TABLE] [B]The Dollar [/B] continues strengthening today. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.15% Monday and is higher currently. Both the EUR/USD and GBP/USD reversed climbing yesterday and are lower currently, while [I]USD/JPY[/I] inched higher with [I]AUD/USD[/I] still lower currently. [SIZE=6][B]Stock Market news[/B][/SIZE] [TABLE] [TR] [TD]Indices[/TD] [TD]Change[/TD] [/TR] [TR] [TD]Dow Jones Index[/TD] [TD]-1.24%[/TD] [/TR] [TR] [TD]Nikkei Index[/TD] [TD]-0.89%[/TD] [/TR] [TR] [TD]Hang Seng Index[/TD] [TD]-1.83%[/TD] [/TR] [TR] [TD]US Dollar Index[/TD] [TD]+0.34%[/TD] [/TR] [/TABLE] [B]Futures on three main US stock indexes[/B] are down currently after US oil fell over 300% ending in negative territory Monday. President Trump said he hoped to have Senate vote Tuesday on more coronavirus aid for small businesses. The $350 billion component for that purpose of the $2.3 trillion aid passed last month has already run out of money. Companies including Citigroup, Philip Morris International and Texas Instruments will report earnings today. Stock indexes in US slumped on Monday. The three main US stock indexes recorded losses ranging from 1.0% to 2.4%. [I]European stock indexes [/I] on the other hand extended gains on Monday but are lower currently. Germany on Monday lifted the shutdown for small shops as Europe continues uncoordinated reopening. Asian indexes are falling today: [I] Australia’s All Ordinaries Index [/I] led losses closing down 2.2%. [SIZE=6][B]Commodity Market news[/B][/SIZE] [TABLE] [TR] [TD]Commodities[/TD] [TD]Change[/TD] [/TR] [TR] [TD]WTI Crude[/TD] [TD]-4.39%[/TD] [/TR] [TR] [TD]Brent Crude Oil[/TD] [TD]-13.31%[/TD] [/TR] [/TABLE] Brent is extending losses today after sharp drop on Monday. Th US oil benchmark [I] West Texas Intermediate (WTI) [/I] futures prices collapsed yesterday: May WTI lost 306% closing at negative $37.66 a barrel, meaning sellers paying buyers to take delivery of crude oil. The collapse is the result of US approaching the physical storage limit for crude oil. The Railroad Commission of Texas, which regulates the oil and gas industry in the largest oil producing US state (Texas accounts for 41% of total US production), is meeting today and is widely expected will move to limit crude oil output in the state. While the May contract expires today, the [I] June WTI [/I] is rising currently. [I] June Brent [/I] crude closed 8.9% lower at $25.57 a barrel on Monday. [SIZE=6][B]Gold Market News[/B][/SIZE] [TABLE] [TR] [TD]Metals[/TD] [TD]Change[/TD] [/TR] [TR] [TD]Gold[/TD] [TD]-0.16%[/TD] [/TR] [/TABLE] [B] Gold [/B] prices are extending gains today. June gold rose 0.7% to $1711.20 an ounce on Monday. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…