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Market News

US Stock's Index Recover After 3 Days Of Falling And Continue Recovering In Asia Trading

14 May 2021 10:24:06

The major U.S. stock indexes are trading slightly higher during Fridays premarket session after all three posted major reversals the previous session snapping a threeday losing streak.Wall Street ended sharply higher at the close of a broad rally on Thursday...

WTI Oil Price Broke Below Important Support

14 May 2021 09:59:29

U.S. West Texas Intermediate and internationalbenchmark Brent crude oil futures continue falling from previous U.S. session trading as Indias COVID19 crisis escalated and a key U.S. fuel pipeline resumed operations bringing an end to the rally that had driven crude...

Alibaba's Stock Dropped 5% To June 2020 Low After Quarterly Earning Report

14 May 2021 09:29:27

Alibaba Stock Is Down By 5% After The Release Of Quarterly ReportShares of Alibaba ended at $205.46 after the company released its quarterly report. Alibaba reported revenue of $28.6 billion an increase of 64% on a yearoveryear basis.It should be...

USD/JPY Higher After Kyoto News Stated Certain Goverment Plans To Impose Tougher Restriction On Growing Number Of Infection Cases And On Stronger USD

14 May 2021 09:13:49

USDJPY trading higher around 109.588 up 0.10% intraday as Tokyo welcomes the riskon mood despite coronavirus (COVID19) at home on Friday. The underlying sentiment could be traced to the US CDC update and the receding odds of the Feds immediate...

XAUUSD Found Support Within The Hourly Moving Averages

14 May 2021 08:46:51

Gold markets lower during early trading session this Friday in Asia as price met resistant at the weekly 50SMA. However it looks as if the $1800 level is trying to offer a bit of support. By bouncing in the manner...