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Gold after US data!
Market sentiment is positive.Published data so far is positive. Despite missing the expectation of 800K, ADP numbers were much better than 565K of last month by showing 742K new positions. On the other hand, Markit composite and Servic...
FX Market in a busy Calendar
Eyes turn on Service sector With betting on more reopening, the market collapsed in many areas and rose in many others. ADP`s jobs figures and the ISM Services PMI will be in the spotlight today. Commodities are on the rise while cryptocurrencies are...
Stock Market is free fall
Nasdaq leading trouble The first trading day of May started with the uptrend in stock markets. On Wall Street, DJI ended up 0.7% on Monday, while SP500 gained 0.3%. However, as a sign of faster recovery with reopenings in many States in the USA...
Monthly Outlook - May 2021
Recovery on its wayThe overall look of the April review and My PreviewBased on data released in April, the U.S. economy expanded at a rapid 6.4% yearly base in the first quarter. Almost every part and the financial group developed this year so far, a...
Oil ease as U.S. companies back on track
U.S. Baker Hughes Total Rig Count at the focus Last Friday`s data, just a few hours before market close, confirmed the 440 U.S. Baker Hughes Total Rig Count. Based on OPEC data published on the same day, members production also mainly rose, especiall...
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