TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that explain the market sentiment. We carefully
curate our articles to provide you with top news and independent angles for trading instruments.
Dow cracks 30,000!
In a historic day for the stock market, the Dow Jones reached 30,000 for the first time. Cryptocurrencies continue to soar, this time led by XRP from Ripple, which has risen 50% in 24 hours.
25 November 2020
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ETH/USD shoots over $600
Cryptocurrencies continue to explode higher with Ethereum in the limelight as it rose over $600 for the first time since May 2018. Gold broke below key support at $1850 per oz. Former Fed Chair Janet Yellen is now favourite to become Treasury Secretary.
24 November 2020
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Waiting for EU Recovery Fund
The euro is stalling under 1.19 awaiting the approval of the EU recovery fund. Treasury Secretary Mnuchin is not extending Fed emergency programs. New restrictions in New York and California saw US stock markets close lower Friday.
23 November 2020
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USD/TRY slides after giant rate hike
The lira was the big FX mover after the Turkish central bank raised interest rates to a massive 15%. News that the Oxford vaccine is safe and effective alongside the resumption of stimulus talks lifted stocks on Wall Street.
20 November 2020
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Stocks reverse after NYC schools shut
Bitcoin has soared again to just shy of $18,500. However Wall Street saw a late selloff when schools were closed in New York City. The Kiwi Dollar (NZD/USD) reached its highest since December 2018.
19 November 2020
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Tesla to join the S&P 500
Tesla will enter the S&P 500 index in December. Bitcoin has taken out another big round number as the market pushes toward a new record high. Japan’s Nikkei index is 16,000 and its highest since 1991.
18 November 2020
Read MoreLATEST WEEK AHEAD VIDEOS
Market Analysis: November 24
Ethereum is breaking out!
WEEK AHEAD: NOVEMBER 23
Bitcoin has taken off like a rocket and is on track to make a new record high. I give my take on whether this is just another bubble or whether the rally in BTC is more durable this time. I also rundown highlights from the economic calendar. Thanks! Rich
Market Analysis: November 17
Bitcoin very overbought!
