{"id":173403,"date":"2020-07-09T08:15:47","date_gmt":"2020-07-09T12:15:47","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173403"},"modified":"2020-07-09T07:48:18","modified_gmt":"2020-07-09T11:48:18","slug":"global-rally-lifts-all-markets","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/global-rally-lifts-all-markets\/","title":{"rendered":"Global rally lifts all markets"},"content":{"rendered":"<div id=\"inves-100315258\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 9, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n<div class=\"row bootstrap-row mb-50\">\n<div class=\"col col-md-6\">\n<h2>Top daily news<\/h2>\n<div class=\"for-height\"><b> Equity markets are trading in risk on mode currently <\/b> ahead of US data expected to show over million Americans lost jobs last week while the declining trend for new unemployment benefits applications persisted. Stock markets traded higher on Wednesday despite Federal Reserve officials recent doubts about the durability of the rebound.<\/div>\n<\/div>\n<\/div>\n<div id=\"forex-news\" class=\"mb-50\">\n<h2 class=\"mb-30\">Forex news<\/h2>\n<div class=\"row bootstrap-row\">\n<div class=\"col-12 col-md-4 mb-20 mb-sm-0\">\n<table class=\"table table-striped market-overview-table\">\n<tbody>\n<tr>\n<td class=\"font-weight-bold\">Currency Pair<\/td>\n<td class=\"font-weight-bold\">Change<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">EUR USD<\/td>\n<td class=\"green font-400\">+0.06%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">GBP USD<\/td>\n<td class=\"green font-400\">+1.57%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">USD JPY<\/td>\n<td class=\"red font-400\">-0.07%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"col for-height\"><b>The Dollar weakening is intact today <\/b> ahead of US Labor Department report expected to show 1.375 million Americans likely sought unemployment benefits over the last week. The <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/indices-prices\/usdidx\">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, lost 0.5% Wednesday as Federal Reserve reported consumer credit dropped 5.3% on an annual basis in May, after plunging 20% in April. <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/eurusd\"> EUR\/USD <\/a> joined <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/gbpusd\"> GBP\/USD\u2019s<\/a> continued climbing yesterday with both pairs higher currently. <em>USD\/JPY<\/em> reversed its rising yesterday while <em>AUD\/USD<\/em> reversed its sliding with the dynamics intact for both pairs currently.<\/div>\n<\/div>\n<\/div>\n<div id=\"stock-market-news\" class=\"mb-50\">\n<h2 class=\"mb-30\">Stock Market news<\/h2>\n<div class=\"row bootstrap-row\">\n<div class=\"col-12 col-md-4 mb-20 mb-sm-0\">\n<table class=\"table table-striped market-overview-table\">\n<tbody>\n<tr>\n<td class=\"font-weight-bold\">Indices<\/td>\n<td class=\"font-weight-bold\">Change<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Dow Jones Index<\/td>\n<td class=\"green font-400\">+0.24%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">GB 100 Index<\/td>\n<td class=\"red font-400\">-0.29%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Nikkei Index<\/td>\n<td class=\"green font-400\">+0.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"col for-height\"><b>Futures on three main US stock indexes are mixed currently <\/b> after a bullish session on Wednesday. Stock indexes in US ended higher: the three main US stock indexes recorded gains ranging from 0.6% to 1.4% led by technology shares. <em>European stock indexes are mixed <\/em> currently after a pullback Wednesday led by banks and energy shares. <em> Asian indexes are higher today <\/em> led by <em> Shanghai Composite <\/em> as the decline of China\u2019s factory gate prices slowed in June.<\/div>\n<\/div>\n<\/div>\n<div id=\"commodity-market-news\" class=\"mb-50\">\n<h2 class=\"mb-30\">Commodity Market news<\/h2>\n<div class=\"row bootstrap-row\">\n<div class=\"col-12 col-md-4 mb-20 mb-sm-0\">\n<table class=\"table table-striped market-overview-table\">\n<tbody>\n<tr>\n<td class=\"font-weight-bold\">Commodities<\/td>\n<td class=\"font-weight-bold\">Change<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Brent Crude Oil<\/td>\n<td class=\"green font-400\">+0.31%<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">WTI Crude<\/td>\n<td class=\"red font-400\">-0.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"col for-height\"><a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/commodities-prices\/brent\"> Brent <\/a> is edging lower today. Prices advanced Wednesday despite the US Energy Information Administration report that US crude oil inventories rose 5.7 million barrels last week, after a fall of 7.2 million barrels the week before. The US oil benchmark <em> West Texas Intermediate (WTI) <\/em> futures gained: <em> August WTI <\/em> added 0.7% but is down currently. <em> August Brent <\/em> crude closed 0.5% higher at $43.29 a barrel on Wednesday.<\/div>\n<\/div>\n<\/div>\n<div id=\"gold-market-news\" class=\"mb-50\">\n<h2 class=\"mb-30\">Gold Market News<\/h2>\n<div class=\"row bootstrap-row\">\n<div class=\"col-12 col-md-4 mb-20 mb-sm-0\">\n<table class=\"table table-striped market-overview-table\">\n<tbody>\n<tr>\n<td class=\"font-weight-bold\">Metals<\/td>\n<td class=\"font-weight-bold\">Change<\/td>\n<\/tr>\n<tr>\n<td class=\"font-500\">Gold<\/td>\n<td class=\"green font-400\">+0.27%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"col for-height\"><b> Gold prices are extending gains <\/b> today. August gold rose 0.6% to $1820.60 an ounce on Wednesday.<\/div>\n<\/div>\n<\/div>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n<p>Note:<br \/>\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":"<p>By IFCMarkets Top daily news Equity markets are trading in risk on mode currently ahead of US data expected to show over million Americans lost jobs last week while the declining trend for new unemployment benefits applications persisted. Stock markets traded higher on Wednesday despite Federal Reserve officials recent doubts about the durability of the [&hellip;]<\/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-173403","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173403","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=173403"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173403\/revisions"}],"predecessor-version":[{"id":173407,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173403\/revisions\/173407"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}