Gold falls strongly due to the recovery of the US dollar
Wednesday, August 12, 2020 - 16:48
by Point Trader Group

There have been no major changes in the Fed's policy, so gold is still bullish in the long term. However, it is overpriced in the short term.Gold futures fell sharply on Wednesday as the US dollar stabilized after weeks ... [read more]

The most important economic events expected this week 10 to 14 Aug 2020
Monday, August 10, 2020 - 14:14
by Point Trader Group

Japan's GDP posted a third consecutive decline in its GDP, with a reading of 0.6% in the second quarter. Two consecutive declines indicate that the economy is in recession. In Canada, the economy created 418.5k jobs, bea... [read more]

Gold is flying against gravity
Thursday, August 06, 2020 - 17:13
by Point Trader Group

Gold markets rose somewhat significantly during the trading session again on Thursday, as we await the announcement of non-farm payrolls tomorrow, Friday at 3:30 pm KSA.The gold markets at this stage are in the overbough... [read more]

The most important economic events expected this week 3 to 7 August 2020
Monday, August 03, 2020 - 12:30
by Point Trader Group

In the eurozone, gross domestic product fell 12.1% in the second quarter, after previously falling 3.8%. German consumer price inflation fell 0.5%, its second drop in three months. Canadian GDP rebounded well in June, wi... [read more]

Gold is going higher again
Thursday, July 23, 2020 - 19:37
by Point Trader Group

Gold prices rose in the London trading session on Thursday. Gold traders increased their bullish bets as the global geopolitical risks were strengthened alongside the massive stimulus packages coming into an already infl... [read more]

The most important economic events expected this week 20 to 24 July 2020
Monday, July 20, 2020 - 11:58
by Point Trader Group

This week includes PMI indices in the US, UK and Eurozone. These indicators are important measures of the strength of the manufacturing and services sectors. In addition, the central banks of Japan and Australia will rel... [read more]

The most important economic events expected this week 13 to 17 July 2020
Monday, July 13, 2020 - 13:45
by Point Trader Group

Central banks played an important role in trying to stabilize financial markets in the wake of the Covid-19 pandemic. Next week, the European Central Bank, the Bank of Japan and the Bank of Canada will announce interest ... [read more]

The most important economic events expected this week 06 to 10 July 2020
Monday, July 06, 2020 - 11:12
by Point Trader Group

Canada and the UK recorded negative growth, reflecting the harsh economic conditions sweeping the world's major economies. There was an improvement in the manufacturing and construction sectors, although most PMIs are st... [read more]

The most important economic data expected for this week from June 29 to July 3 2020
Monday, June 29, 2020 - 16:22
by Point Trader Group

Major economies are still struggling with the devastating effects of the Coronavirus, but there are signs of a recovery in the manufacturing and services sector, as employment numbers have improved.Across the eurozone an... [read more]

The most important economic events expected this week 22 to 26 June 2020
Sunday, June 21, 2020 - 18:41
by Point Trader Group

Central banks were in focus last week, as policymakers continue to monitor the effects of the damned Corona pandemic. The employment figures were shocking, and reflecting harsh economic conditions. As for this week, atte... [read more]


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