by JustForex
The greenback has been declining against a basket of world currencies. The dollar index (#DX) has updated local lows. Investors’ sentiment has been improved after Oxford University and some US pharmaceutical companies reported significant advances in the development of a COVID-19 vaccine. These events have strengthened the demand for risky assets.
EU leaders have agreed on a plan and budget for economic recovery in the region, which has been affected by the COVID-19 epidemic. Today, financial market participants will assess the report on retail sales in Canada and API weekly crude stock.
The “black gold” prices have been growing again. At the moment, futures for the WTI crude oil are testing the $42.00 mark per barrel.
Market indicators
Yesterday, there were purchases in the US stock market: #SPY (+0.81%), #DIA (+0.03%), #QQQ (+2.84%).
The 10-year US government bonds yield continues to consolidate. At the moment, the indicator is at the level of 0.61-0.62%.
Free Reports:
Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
- – Statistics on retail sales in Canada at 15:30 (GMT+3:00).
by JustForex
