Gold reaches a peak of 7 weeks as US bond yields drop
News
Friday, April 16, 2021 - 20:53
by Point Trader Group

Gold prices rose today, Friday, to their highest levels in seven weeks, and is on the path of achieving the best weekly gain since mid-December, fueled by the decline in US Treasury bond yields and the weakening of the d... [read more]


Gold tops more than a month of low bond yields
News
Thursday, April 15, 2021 - 19:05
by Point Trader Group

Gold tops more than a month of low bond yieldsGold rose to its peak in more than Thursday, April 15th, with the decline in US Treasury bond yields despite better-than-expected data for the US economy, which pushed invest... [read more]


The IMF calls for more fiscal stimulus in the euro zone in 2021-22
News
Wednesday, April 14, 2021 - 19:15
by Point Trader Group

The International Monetary Fund said that the eurozone countries should provide additional financial stimulus of 3% of GDP in 2021-2022 to support economic growth equivalent to 2% of output by the end of next year and li... [read more]


Bitcoin crosses the $ 63,000 mark for the first time in its history
News
Tuesday, April 13, 2021 - 18:59
by Point Trader Group

Bitcoin rose to a new record high of more than $ 63,000 on Tuesday (April 13th), as investors await the highly anticipated debut on the stock market of the cryptocurrency exchange Coinbase.Bitcoin rose to $ 63.24 thousan... [read more]


The US budget deficit hits a record high for the month of March as expenditures swell due to pandemic payments
News
Monday, April 12, 2021 - 19:23
by Point Trader Group

The US Treasury said Monday that the United States recorded a budget deficit of $ 660 billion in March, a record high for that month, with direct payments to Americans from President Joe Biden's stimulus package.The budg... [read more]


The US budget deficit hits a record high for the month of March as expenditures swell due to pandemic payments
News
Monday, April 12, 2021 - 19:20
by Point Trader Group

The US Treasury said Monday that the United States recorded a budget deficit of $ 660 billion in March, a record high for that month, with direct payments to Americans from President Joe Biden's stimulus package.The budg... [read more]


Oil is falling after US gasoline stocks rose, contrary to expectations
News
Thursday, April 08, 2021 - 16:51
by Point Trader Group

Oil prices fell on Thursday, April 8th, after official data revealed that US gasoline stocks rose significantly, raising concerns about weak demand in the world's largest consumer of crude at a time when supplies rose ar... [read more]


The Fed Meeting Minutes: Monetary policy makers expect that
News
Wednesday, April 07, 2021 - 18:35
by Point Trader Group

The FOMC on Wednesday (April 7th) released its meeting minutes on March 16-17, as investors look for indications about the direction in which policy may go in the future.The Fed's monetary policymakers voted to keep shor... [read more]


The unemployment rate in the euro zone remained stable at 8.3% in February
News
Tuesday, April 06, 2021 - 16:14
by Point Trader Group

Data showed that the unemployment rate in the euro area was unchanged in February compared to the upwardly revised reading for January, as the referral schemes for reduced pay vacations in Europe limited the impact of th... [read more]


The IMF will again raise its forecast for global growth, but warns of financial uncertainty
News
Tuesday, March 30, 2021 - 17:09
by Point Trader Group

IMF Managing Director Kristalina Georgieva said on Tuesday (March 30th) that the fund will raise its forecast for global economic growth in 2021 and 2022, after a contraction of 3.5% last year, but the financial conditio... [read more]


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