Market News

8/13/2020
SP500 at record highs
On Wednesday, the SP500 index reached new all-time highs but failed to close there as the index slipped during the final hour. However, we can expect new highs today as equities are rising every day now. 
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8/12/2020
Markets surge again, ignoring yesterday's decline
Tuesday was a negative day for US stocks as indices erased all intraday gains and dropped sharply in the last hours of trading. However, this is all a forgotten history as futures are up 1% during the London session on Wednesday.
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8/11/2020
Stocks surge on Tuesday, again
Nothing new here - move along. Equities were bid again, and US indices were trading half a percent stronger in the Frankurt session on Tuesday as there was no obvious catalyst, but the bullish momentum was clearly enough. 
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8/10/2020
Markets calm on Monday morning
The greenback was trading unchanged against most of its major peers, with the EURUSD pair hovering near 1.1780, and the USDJPY pair was spotted rising toward the 106 level.
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8/7/2020
Equity markets lower ahead of NFPs.
Stock markets around the globe slipped on Friday, and investors took some profits from the recent massive rally, with E.U. and U.S. indices trading half a percent lower during the Frankfurt session.
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8/6/2020
Precious metals explode higher, yet again
The incredible bullish trend in precious metals continued on Thursday, with gold rising another half a percent to 2,050 USD, while silver has rocketed more than 3% so far on the day, trading below the 28 USD level. 
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8/5/2020
Gold surges above 2,000 USD, seems unstoppable
As the US dollar continues to fall, precious metals are rising sharply. Earlier in the day, the EURUSD pair rose back toward the 1.19 mark, which helped to renew the buying frenzy in gold and silver and metals roared higher.
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7/31/2020
Equities correct gains, dollar drops again
On Thursday, GDP data for both Germany and the U.S. showed catastrophic drops in growth, printing the worst numbers on record, which were caused by the lockdowns imposed to tackle the coronavirus pandemic.
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7/30/2020
Stocks pause rally ahead of GDP data.
Sentiment seemed negative on Thursday morning, and stocks corrected their yesterday's gains, while the US dollar advanced a little. 
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7/29/2020
Dollar down ahead of FOMC meeting
The greenback came under renewed selling pressure on Wednesday and the EURUSD pair was up 0.3% during the Frankfurt session, changing hands at 1.1750. The USDJPY pair fell below 105, but precious metals were flat today (so far), with silver spotted near 24.40 USD and gold at around 1.960 USD.
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7/28/2020
Gold eases from record highs on Tuesday.
The price of gold continued to shoot higher during the Asian session and was seen reaching new record highs near 1,950 USD, before giving up those gains and dropping to 1,910 USD. Silver followed the sell-off and was trading more than 6% lower during EU trading hours.
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7/27/2020
Equities rise on Monday; investors eye more stimulus.
Monday started on a positive note, and stock indices were trading stronger, although the EU session is already seeing some selling. 
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7/24/2020
Investors are getting nervous - equities are dropping.
Friday started with a bearish sentiment as stock indices were already 1% weaker during the London session, and it seems like the negative sentiment could persist throughout the whole day.
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7/23/2020
Indices briefly higher on Thursday morning
Equity indices turned higher on Thursday, with EU and US futures rising circa 0.5% during the Frankfurt session. 
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7/22/2020
EURUSD above 1.15, stocks flat
The Euro remained above the 1.15 threshold against the greenback and it was seen somewhat higher on Wednesday during the London session. The pair managed to break above the March top and was trading at 18-month highs. 
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7/21/2020
Risk appetite increases after vaccine news.
Tuesday has brought renewed optimism that all will be well, and investors bought equities, while JPY crosses and commodity-linked currencies were bid too.
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7/20/2020
Sentiment seems bearish on Monday morning.
Stock markets are dropping notably on Monday, amid disappointment that the EU leaders have failed to come to an agreement over additional stimulus as coronavirus case numbers continue to rise globally. 
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7/17/2020
Equities climb higher amid stimulus hopes.
European Union leaders meet later Friday to seek agreement over a proposed recovery fund to help the countries hard hit by the coronavirus outbreak to rebuild.
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7/16/2020
Equities pare gains ahead of ECB, US data
Stock indices corrected yesterday's gains and were seen 0.5 - 1.0% weaker during Frankfurt and London trading hours.
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7/15/2020
Sentiment positive again after Moderna's vaccine news
Indices futures rose sharply, and both the U.S. dollar and the Japanese yen plunged following some positive vaccine news on late Tuesday. 
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7/14/2020
Monday's big reversal
Yesterday was quite a volatile day. US stock indices were trading 1.5% to 2.0% higher with only 2 hours to go for the day when the Fed's Kaplan said the US central bank might start scaling back its QE program as the US economy is doing pretty well. 
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7/13/2020
Investors buy equities on Monday.
Stock benchmarks across the globe rose during the Asian session on Monday, with E.U. bourses set to open 1% higher, and U.S. equity futures were seen half a percent stronger. 
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7/10/2020
Markets sharply lower to end the volatile week.
Equity futures dived on Friday and EU bourses were lower by 1%, while US indices were a bit strong, trading down 0.8% shortly after London opened for trading.
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7/9/2020
Markets expect EU leaders to provide more stimulus
Sentiment during the EU session was not very bullish and indices fell slightly, erasing part of yesterday's gains. 
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7/8/2020
Daily Roundup 8.7.2020
Equities are trying to start the EU session slightly positive as the intraday dip was bought. However, the upside momentum seems to be lacking following yesterday\s sell-off.
 
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7/6/2020
Markets preview 6.7.2020
Euphoria is back! Markets surged on Monday as traders eyed the coronavirus developments over the weekend. Since US cases slowed somewhat, it seemed to be enough to fuel another strong rally. 
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7/3/2020
Markets preview 3.7.2020
The Asian session continued in the risk-on sentiment, and equity futures rose half a percent, heading into the European session. The greenback was trading flat against most of the major currencies, with the EURUSD pair seen near 1.1240, and the USDJPY pair was unchanged at 107.50.
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7/2/2020
Markets preview 2.7.2020
The risk-on sentiment persisted throughout the Asian session and equity indices are trading half a percent higher during the early London session. 
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7/1/2020
Markets preview 1.7.2020
European stocks opened slightly lower on Wednesday, with the second half of the year starting with worries about the Covid-19 outbreak still prominent even as data releases offer hope of a global economic recovery.
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6/30/2020
Markets preview 30.6.2020
Sentiment remained positive during overnight trading hours, with equities rising slowly and commodity-linked currencies also seen stronger heading into EU hours.
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6/29/2020
Markets preview 29.6.2020
The last week of June started on a bearish side as stock indices opened with another bearish gap, and the Dow Jones index was testing 25,000 USD to the downside, while the SP500 index was trying to defend the 3,000 USD level. If these levels are broken to the downside, a steeper correction could occur.
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6/26/2020
Stocks slammed amid virus threat, again.
Equities plunged into negative territory on Friday as Thursday's rally was sold into, and it looks like a bearish trap. Indices were down 1-2% across the board shortly after the US opening bell. 
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6/25/2020
Equities volatile as cases surge
Thursday started as another risk-off day and equities dived, mainly due to continuous rise in COVID cases in the US, but the dip was bought and indices were trading flattish during the US session.
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6/24/2020
Stocks pummelled, dollar gains after tariff talk.
The US dollar bid on Wednesday, while stock indices dropped 1-2% as a fresh risk-off wave hit the markets. 
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6/23/2020
Optimism returns after superb PMIs
Stocks were soaring on Tuesday and EU indices were 2% higher, while the US benchmarks traded 1% stronger ahead of the US opening bell. 
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6/22/2020
Equities volatile, trying to erase Friday's losses
Stocks were volatile today but managed to erase a large bearish gap on Sunday evening as investors bought the dip.
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6/18/2020
Dollar advances after US macro data
Traders bought the US dollar on Thursday and it was advancing against other major currencies, with the EURUSD pair dropping toward the 1.12 threshold. Commodity-linked currencies were the weakest today.  
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6/17/2020
Stocks trying to remain positive on Wednesday
The US equities were fighting to stay in a positive territory shortly after the US opening bell as the morning rally was met with selling pressure after the open (as usual).
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6/16/2020
Sentiment improves after more stimulus is announced.
Investors once again piled into equities, and yesterday's decline was quickly erased as US indices were seen trading nearly 2% stronger on Tuesday.
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6/15/2020
Stocks plunge again amid virus resurgence fears.
Equities dived on Monday, and indices were down 3% during the London session. However, they managed to recover some of the losses to trade off their daily highs during the U.S. session.
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6/12/2020
Equities pare gains during US session on Friday
Traders bought the dip in US equities, but as usual, the opening bullish gaps are sold and Friday was no exception, with indices quickly paring gains during the US session.
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6/11/2020
Stocks slammed as sentiment worsens
Global stock indices were down 2-3% on Thursday, and they continued to slide since Tuesday's reversal as there has been some bad news for investors, and the Fed failed to inspire more buying in the overbought markets. 
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6/10/2020
Equities dive ahead of FOMC decision
Traders took profits from the recent massive rally in equities and the SP500 index and Dow Jones indices were trading sharply lower on Wednesday, down two days in a row, while the Nasdaq 100 index continued to march higher after breaching the 10,000 USD threshold. 
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6/9/2020
Stocks decline after some profit-taking.
Equities across the globe took a hit on Tuesday, and the main indices were down 1-2% ahead of the US session as traders took some profits from the recent euphoric rally. 
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6/8/2020
Equities and euro rise after weak German data
The new started on a positive note, and equities surged again, with the EURUSD pair defending the 1.13 level for now. 
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6/5/2020
Payrolls rise by 2.5 million; stocks explode higher.
What a surprise! The greenback advanced, stocks rocketed higher, and bonds were sold-off heavily (yields spiked) as May's labor market report shocked positively.
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6/4/2020
DAX pumps and dumps after ECB decision
The EURUSD pair along with the German DAX rocketed higher after the ECB decision, but failed to hold gains and both instruments were quickly sold-off to daily lows.
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6/3/2020
Greenback remains weaker after ADP beats expectations.
The EURUSD pair was still holding above the 1.12 barrier on Wednesday afternoon, as many US data were released today. US equities continued to roll higher, with the Nasdaq 100 index just shy off the all-time highs. 
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6/2/2020
EURUSD at ten-week highs, stocks continue to rise
The greenback was sold broadly on Tuesday,, and the EURUSD pair pushed above the critical resistance level of 1.1150. As long as the euro remains above this level, the immediate outlook seems bullish.
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6/2/2020
This Month’s NFP Report Expected to Be Much Better than Last Month’s, But Is This Good News?
On Friday, June 5th the Non-Farm Payroll (NFP) will be released and the US economy is expected to shed another 10 million jobs. This would be half of April’s 20 million, but still an incredibly high number.NFP reports since the COVID-19 lockdown have reported unprecedented numbers of unemployment which reflect negatively on the United States economy.
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6/1/2020
Risk returns as China-US relationship worsens again
Traders sold equities and bought the greenback on Monday as risk sentiment soured due to US riots and worsening China-US diplomatic relationship.
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5/29/2020
Stocks plunge on Friday
Friday seemed to be a negative day for equities as investors braced for President Donald Trump’s response to China’s national security legislation for Hong Kong, threatening to take the shine off a monster week - and month - for Wall Street, which pushed the S&P above 3,000 and the 200 DMA for the first time since March.
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5/28/2020
Dow Jones boosted by Boeing on Thursday.
The Dow Jones index was the best performing US index on Thursday and was trading more than half a percent stronger ahead of the US opening bell. Boeing Co climbed 4.2% after the planemaker said it had resumed production of its 737 MAX passenger jet at its Washington plant.
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5/27/2020
Markets slump amid US-Chinese tensions.
It started as another very bullish day as indices rose sharply during the Asian and E.U. session, only to be sold-off like crazy once the U.S. exchanges opened for trading. 
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5/26/2020
Nasdaq turns lower, while broad market indices remain sharply higher
It has been a volatile session on Tuesday and the Nasdaq 100 index erased all the daily gains and turned lower after the US opening bell, while the SP500 and Dow Jones indices were trading more than 1% stronger.
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5/22/2020
US equities erase losses ahead of the opening bell
US benchmarks were 1% lower in the morning, but dip buyers reappeared and the decline was quickly erased, with indices now slightly higher on the day ahead of the US opening bell.
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5/21/2020
Equities down despite encouraging PMIs
Major equity benchmarks were down ahead of the US opening bell, with indices correcting Wednesday's gains. 
 
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5/20/2020
Stocks Rise, Dollar Drops ahead of FOMC minutes.
U.S. equities rocketed higher on Wednesday, with both the SP500 and Nasdaq 100 indices posting new swing highs, which could be a confirmation of an ongoing bullish trend. 
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5/19/2020
US stocks volatile after real estate data
US indices were jumping up and down on Tuesday, with the Nasdaq 100 index half a percent higher after the opening bell, while the SP500 and Dow Jones indices were seen slightly lower. 
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5/18/2020
Stocks rocket higher after dovish Fed
All three US equity benchmarks were strongly higher today and they were trading 3% stronger during the US session. EU indices also rose notably. 
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5/15/2020
Dollar drops after miserable US retail sales
The greenback was sold-off notably on Friday and the EURUSD pair jumped to 1.0850, while the USDJPY pair slid below the 107 threshold.
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5/14/2020
Dollar advances despite another surge in claims
The greenback was trading broadly higher on Thursday as traders were relieved from fears of negative rates coming to the US.
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5/13/2020
Stocks drop, dollar gains as Powell says Fed is not looking at negative rates.
Tuesday's sell-off in equities continued on Wednesday, and the SP500 and Dow Jones indices were trading half a percent lower, while the tech Nasdaq 100 index fought to stay in positive territory.
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5/12/2020
Dollar drops after Weak CPI print
The EURUSD pair was trading 0.6% higher on Tuesday, as weak US inflation undermined the greenback. The USD was down against most of the major currencies.
 
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5/11/2020
Greenback and Nasdaq rise on Monday
Monday has not brought any meaningful news, apart from the fact that there has been an uptick in new coronavirus infections in Germany and South Korea. 
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5/8/2020
Another Historic NFP Report Comes Out Today
Much has been said about the current state of the US labor market. Economists expect the non-farm payrolls (NFP) number to decline to -22 million for April, down from -701k scored in March. There has never been such a substantial drop in jobs, and these times are truly unprecedented. The unemployment rate is forecast to rise to 14% from 4.4% previously, but as we speculated earlier, the real number will most likely be far worse. We expect the unemployment rate to reach 23%. 

 
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5/7/2020
Stocks soar, dollar gains and oil spikes on volatile Thursday
Equities accelerated higher today after batch of positive macro news and US indices were trading 2-3% higher during the US session.
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5/6/2020
Dollar Remains Higher after ADP Report
The EURUSD pair was trading nearly half a percent weaker on the day, hovering at around 1.08 during the US session, while the GBPUSD pair was seen at around 1.2350, some 65 pips lower on the day. The USDJPY pair was also under pressure and dropped 0.4% to 106.00.
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5/6/2020
Last Month’s NFP Was Unprecedented! Are You Prepared for This One?
On Friday, May 8th the Non Farm Payroll (NFP) will be released for the second time since the COVID-19 lockdown and traders are on alert!
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5/5/2020
Indices rise sharply on Tuesday, oil soars
Traders bought equities yet again on Tuesday and the three US benchmarks were seen nearly 2% higher shortly after the US opening bell.
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4/30/2020
EU Brent Oil Proves Stable in Face of WTI Market Crash, Does This Mean You Should Trade Brent?
Market conditions are pointing towards a couple of unstable weeks ahead for the WTI benchmark which is why at Axiory we acted fast and added Brent Oil to your choices of energy assets.
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4/29/2020
Stocks rocket higher after catastrophic US GDP, oil gains after positive data
Another day, another strong rally in the equity markets. The SP500 index was up 2.15%, while the Nasdaq 100 index advanced 3% at the time of writing. EU indices were 2-3% higher as well.
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4/28/2020
Equities drop, dollar rises after weak US consumer confidence
Stocks were slammed and the EURUSD pair dropped circa 60 pips from daily highs and was trading at around 1.0830 during the US session on Tuesday as the greenback rallied strongly after weak US data.
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4/24/2020
Greenback volatile after US durable goods orders
The greenback traded slightly lower against a basket of currencies as traders reacted to the latest US economic numbers.
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4/23/2020
Dollar drops and stocks soar after today's macro data
Traders sold the greenback on Thursday and it erased earlier gains as the US jobs market continued to deteriorate, but equity investors pushed the indices sharply higher.
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4/22/2020
Oil Dropped Below $0 For the 1st Time in History - What Are Traders Doing?
With the historic crash of West Texas Intermediate (WTI) crude oil futures, dropping below $0 on Monday, April 20th, traders are frantically looking for their next move. You can take advantage of the market without incurring extraordinary high risk - Tomasz Wisniewski has all the details in the video.
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4/22/2020
WTI Futures Fall Below $0 For the First Time in History - What Does this Mean And Why Did it Happen?
On Monday, US West Texas Intermediary (WTI) oil cratered to -40 USD a barrel. This isn’t a joke – oil traded in negative territory for the first time in history, just a week after the price was at 25 USD a barrel.
 
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4/20/2020
Oil crashes 40% to multi-decade lows.
The price of the WTI oil dropped 40% on Monday and traded at around 11 USD, which are levels last seen in 1998. Moreover, today's crash was the biggest on record.
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4/17/2020
Markets euphoric at the end of the week
US equities surged yet another day and indices were up 2-3% percent on Friday as investors cheered the possibilities of the US states reopening their economies. Moreover, news about the Remdesivir drug being effective for COVID treatment lifted stocks as well.
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4/16/2020
US equities rally again after US jobless claims
US indices staged another rally on Thursday as US jobless claims continued to point to a steep rise in the unemployment rate. 
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4/15/2020
Greenback surges despite weak US data
The US dollar was bid on Wednesday and was trading higher against other major currencies, with the EURUSD pair down 1% during the afternoon session, changing hands at around 1.0870.
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4/14/2020
Oil drops to 20 USD after IMF warning
Traders sold oil on Tuesday, despite the recent historic OPEC+ deal to cut production and the WTI benchmark was down 6% during the US session, quickly dropping toward the 20 USD threshold again.
 
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4/9/2020
Equities soar after another catastrophic claims print
US equitires roared higher again on Thursday and the SP500 index was trading 2% higher after another batch of very negative fundamental news. 
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4/8/2020
Equities volatile, dollar eases on Wednesday.
Wednesday has brought with it another day of volatility, and equities jumped up and down, with bulls a bit cautious after yesterday's significant reversal.
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4/6/2020
Stocks roar higher as investors turn optimistic again
All it needed for a 5% rally in indices was a small decline in US coronavirus deaths over the weekend (despite many analysts calling this decline false and underreported), and the markets rallied sharply.
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4/3/2020
Stocks rocket higher after catastrophic US labor market data
US equities shot higher on Friday and erased all the intraday losses after the worst non-farm payrolls print since the financial crisis.
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4/2/2020
EURUSD drops despite catastrophic US jobless claims
The EURUSD pair declined 1% on Thursday and was trading at around 1.0850 during the US session as investors once again sought the safety of the US dollar. 
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4/1/2020
Relief rally ends on Wednesday
Risk-off sentiment returned on Wednesday, and investors sold into the latest stock market' rally. 
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3/31/2020
Equities turn lower on Tuesday
US equity benchmarks declined somewhat on Tuesday, but remained strongly higher on the week, with all three major indices down circa 1% during the US session.
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3/30/2020
WTI oil plunges to 20 USD again
The big standout during the European trading was oil, which took another eyewatering 8% tumble on Monday, with some now expecting the price to drop to zero (or negative) as storage facilities fill up. The rout in oil took crude to its lowest since 2002.
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3/26/2020
Stocks Explode Higher Despite Miserable News
Equities across the globe exploded higher on Thursday and US benchmarks were seen 4% stronger, while EU indices were also trading with gains, ranging from 1 to 4%. 
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3/25/2020
Oil falls again on Wednesday
Earlier in the day, the WTI oil plunged back to a 23 USD handle after the boss of Vitol Group said demand is down about 15 million to 20 million barrels a day and will shrink further with India’s decision to go into lockdown.
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3/24/2020
EURUSD defends 1.08 after EU PMI's
The EURUSD pair was trading 1% higher on Tuesday as the global demand for the greenback eased slightly and the euro managed to crawl back above the 1.08 threshold.
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3/23/2020
Another bearish day for stocks
US stock futures hit the limit down on late Sunday again as the US congress failed to approve the massive financial aid.
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3/19/2020
USDJPY tests 110 amid USD shortage
Traders have been massively buying the US dollar over the previous days, which sent the dollar index to new record highs. The USDJPY pair was trading 1.5% stronger during the US session on Thursday, testing the 110 threshold to the upside. 
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3/18/2020
How to Deal with the Coronavirus Outbreak & Trade Unstable Markets
March 19th 2020 | 4 PM CET
Learn how to trade in times of instability
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3/12/2020
Markets in total panic mode once again
All four major US equity benchmarks opened circa 7% lower on Thursday, which immediately led to a 15 minutes halt in trading as circuit breakers were triggered. After the stop, indices surged sharply, but failed to hold those gains and are now slowly (or rather quickly) dropping toward daily lows.
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3/10/2020
USDJPY pair rockets higher and erases Monday's losses
In a surprising move, the USDJPY pair skyrocketed higher and was trading more than 2% stronger during the US session, last seen at around 104.50. The greenback effectively erased Monday's losses and closed the bearish gap. What happens now should be crucial for the near-term future here.
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3/9/2020
Total Collapse of the Street
Monday marked one of the worst days in the history as oil crashed 30% and equity indices were down 7-10% across the globe, which seems to be the worst weekend, or at least the similarly bad to the infamous Lehman weekend. 
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3/2/2020
Coronavirus: Markets are Falling - How to Deal with it?

Learn how to trade in times of instability
Let’s get real - spreading of Coronavirus doesn’t seem to lose its grip on the financial markets.”Safe haven” assets such as Gold, Stocks, or USD are falling down sharply and the same goes for Oil, or Bitcoin. Axiory is here to keep its traders safe and secure. This webinar will show you how.

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