www.varchev.com

US markets near new records, the dollar is cheaper and more

Rating:

12345
Loading...

US equities are approaching new highs as investors begin to assimilate the fresh influx of monetary stimulus and positive comments on trade talks.

The S & P500 is up 1% led by software companies. The banking sector in Europe has pulled Europe Stoxx 600 to new highs. US bonds are up but European ones fail to win the rally. The yen and the Swiss franc rise in price and the pound stabilizes after the central bank leaves interest rates unchanged.

Oil has risen today and remains in green territory after unconfirmed rumors that Saudi Arabia has asked Iraq for oil to supply local refineries.

The dollar index remained weak with a decline of 0.1%, the euro was trying to hold positions and was up 0.2%, the Japanese yen remained strong with 0.4% growth against the US dollar. The yield on 10-year US bonds is down 1 point to 1.79%. The yield on the 10-year German bund remained high and rose to -0.50%. Gold remains strong with growth of 0.3% and the price is around $ 1500 per ounce.

Source: Bloomberg Finance L.P.

Graphs: Used with permission of Bloomberg Finance L.P.


 Trader Martin Nikolov

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy