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.
Bitcoin tags $40k
Stocks closed near session lows on leaked reports around Joe Biden’s stimulus plan. The exception were small caps than held onto big gains as well as Bitcoin that retook $40,000.
15 January 2021
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Biden to give stimulus speech
The dollar resumed its recovery from near 3-year lows after a sell-off on Tuesday thanks to solid US CPI data. Today President-elect Joe Biden will announce plans for a new stimulus bill.
14 January 2021
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China stocks at 13-year high
China stocks hit multi year highs while cyclical stocks led gains in the Dow ahead of an update on Joe Biden’s stimulus plans on Thursday. The British pound benefited as the US dollar snapped a 3-day win streak. Oil prices hit an 11-month high.
13 January 2021
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Bitcoin tanks 20%
Bitcoin finally saw a meaningful correction on Monday, falling as much as 20% before recouping some losses. Tech stocks including Twitter dropped after it banned President Donald Trump while the dollar gained as Treasury yields rose.
12 January 2021
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USD gains after NFP miss
A disappointing non-farm payrolls report heightened calls for stimulus so yields rose and that helped demand for the US dollar, which sent the gold price tumbling back to its 200 DMA.
11 January 2021
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Bitcoin hits 40k, Dow 31k
The price of Bitcoin exploded higher again reaching over 40,000 before entering a volatile correction. All the US major averages all hit a record high with the Dow striking 31,000 for the first time.
08 January 2021
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In a shock turnaround, Democrats won both runoff election and now control the US Senate. I discuss how their tax and spend policies could have big ramifications for the price of gold and the US dollar. I also rundown highlights from the economic calendar. Thanks! Rich
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Bitcoin & Ether explode!
