The Eurozone economy is growing better than expected in the third quarter
News
Friday, October 30, 2020 - 16:16
by Point Trader Group

Preliminary data from the European Union Statistics Office showed that the eurozone economy rebounded much stronger than expected in the third quarter after a downturn caused by the pandemic in the previous three months,... [read more]


Oil is deepening its losses and preparing for the second monthly decline as the virus spreads
News
Friday, October 30, 2020 - 16:13
by Point Trader Group

Global oil prices fell by more than 1 percent, to continue to suffer losses and are heading towards the second monthly decline due to growing fears that the increase in Covid-19 cases in Europe and the United States may ... [read more]


Urgent President Trump makes important comments on the stimulus package
News
Thursday, October 29, 2020 - 17:42
by Point Trader Group

The US President, Donald Trump, recently made statements about the awaited stimulus package, the most prominent of which are:We're moving toward a very, very large stimulus package.I want this mega stimulus package more ... [read more]


Sharp losses rock European shares, and a decline of up to 5% in Germany due to the closure
News
Wednesday, October 28, 2020 - 18:58
by Point Trader Group

German stocks suffered their worst daily performance since early June on Wednesday after the government agreed to a general lockdown to tackle the growing number of COVID-19 cases, with all European markets tracking thei... [read more]


The United States is targeting the Iranian oil sector with new sanctions
News
Tuesday, October 27, 2020 - 17:06
by Point Trader Group

Yesterday, Monday, the US Treasury Department revealed new sanctions targeting the Iranian oil sector, by imposing sanctions targeting new entities and individuals, including the Iranian oil minister, on the grounds that... [read more]


Gold is stabilizing with the market tugging between virus fears and the dollar's rise
News
Monday, October 26, 2020 - 18:49
by Point Trader Group

Gold prices stabilized on Monday, October 26th, as the market tied between investor concern about a sharp increase in cases of Covid-19 and the US presidential election race and the rise of the dollar.Spot gold rose 0.1%... [read more]


Oil prices fall by more than 3% with the increase in HIV infections and the recovery of Libyan production
News
Monday, October 26, 2020 - 17:27
by Point Trader Group

Oil futures prices fell more than three percent during trading Monday, October 26, extending losses last week with the continued rise in cases of Coronavirus in the United States and Europe, while the recovery of crude p... [read more]


New comments from the White House about the stimulus package
News
Friday, October 23, 2020 - 16:20
by Point Trader Group

White House Economic Adviser Larry Kudlow revealed his vision of the progress of the US stimulus talks, and his most important statements are as follows.There have been no tangible developments in the course of the stimu... [read more]


IHS Markit: US corporate activity accelerated in October to a 20-month high
News
Friday, October 23, 2020 - 15:52
by Point Trader Group

Corporate activity in the United States rose in October to a 20-month high, but the pace of new business growth and new purchase orders eased slightly in light of the ongoing Covid-19 pandemic and caution ahead of the No... [read more]


Goldman: The risks of a
News
Thursday, October 22, 2020 - 18:41
by Point Trader Group

Goldman Sachs (NYSE: GS) said the risk of the Turkish currency being exposed to sharp volatility and policymakers having to raise interest rates further has increased after the central bank kept its benchmark rate unchan... [read more]


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