{"id":173336,"date":"2020-07-08T07:59:54","date_gmt":"2020-07-08T11:59:54","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173336"},"modified":"2020-07-08T07:52:30","modified_gmt":"2020-07-08T11:52:30","slug":"trading-mixed-after-pullback-overnight","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/trading-mixed-after-pullback-overnight\/","title":{"rendered":"Trading mixed after pullback overnight"},"content":{"rendered":"
July 8, 2020<\/div>
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By IFCMarkets<\/a><\/p>\n

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Top daily news<\/h2>\n
Global markets are mixed today <\/b> after US equities snapped a five-day winning streak overnight. Investors are cautious in light of surging coronavirus cases globally while White House formally notified the United Nations of its withdrawal from the World Health Organization.<\/div>\n<\/div>\n<\/div>\n
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Forex news<\/h2>\n
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\n\n\n\n\n\n\n
Currency Pair<\/td>\nChange<\/td>\n<\/tr>\n
EUR USD<\/td>\n-0.48%<\/td>\n<\/tr>\n
GBP USD<\/td>\n+1.1%<\/td>\n<\/tr>\n
USD JPY<\/td>\n-0.06%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
The Dollar weakening has resumed today <\/b>. The live dollar index<\/a> data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, rose 0.2% Tuesday after Labor Department report job openings rose to 5.4 million in April from 5 million in the prior month. EUR\/USD <\/a> reversed its climbing as German industrial production rebounded a slower than forecast 7.5% in May. GBP\/USD<\/a> continued climbing with both pairs higher currently. USD\/JPY<\/em> reversed its sliding yesterday and AUD\/USD<\/em> reversed its climbing with both yen and Australian dollar higher against the greenback currently.<\/div>\n<\/div>\n<\/div>\n
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Stock Market news<\/h2>\n
\n
\n\n\n\n\n\n\n
Indices<\/td>\nChange<\/td>\n<\/tr>\n
Dow Jones Index<\/td>\n-0.91%<\/td>\n<\/tr>\n
GB 100 Index<\/td>\n+0.35%<\/td>\n<\/tr>\n
Nikkei Index<\/td>\n-0.86%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Futures on three main US stock indexes are rising <\/b> currently. Stock indexes in US pulled back Tuesday as San Francisco Fed President Daly said the US unemployment rate underestimates the economic damage of the virus: the three main US stock indexes posted returns ranging from -0.9% to -1.5%. European stock indexes <\/em> are edging lower currently after a pullback on Tuesday as the European Commission lowered its euro-zone economic forecast by a percentage point, now seeing a contraction of 8.7% this year. Asian indexes are mostly extending gains today except for Nikkei <\/em> and Australia\u2019s All Ordinaries ASX 200 Index <\/em>.<\/div>\n<\/div>\n<\/div>\n
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Commodity Market news<\/h2>\n
\n
\n\n\n\n\n\n
Commodities<\/td>\nChange<\/td>\n<\/tr>\n
WTI Crude<\/td>\n-0.15%<\/td>\n<\/tr>\n
Brent Crude Oil<\/td>\n+0.19%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Brent <\/a> is extending losses today. Oil prices ended lower on Tuesday. The American Petroleum Institute reported late Tuesday US crude supplies rose by 2 million barrels last week. The US oil benchmark West Texas Intermediate (WTI) <\/em> for August slipped 0.02% Tuesday. September Brent <\/em> crude lost 0.05% to $43.08 a barrel.<\/div>\n<\/div>\n<\/div>\n
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Gold Market News<\/h2>\n
\n
\n\n\n\n\n
Metals<\/td>\nChange<\/td>\n<\/tr>\n
Gold<\/td>\n-0.08%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
Gold prices are pulling back <\/b> today. August gold gained 0.9% to $1809.90 an ounce on Tuesday.<\/div>\n<\/div>\n<\/div>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n

Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Top daily news Global markets are mixed today after US equities snapped a five-day winning streak overnight. Investors are cautious in light of surging coronavirus cases globally while White House formally notified the United Nations of its withdrawal from the World Health Organization. Forex news Currency Pair Change EUR USD -0.48% GBP USD […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-173336","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=173336"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173336\/revisions"}],"predecessor-version":[{"id":173339,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173336\/revisions\/173339"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}