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Daily Market Analysis Market Focus US stocks posted their biggest gain in more than a week amid a late session surge, led by rallies in the energy, materials, and industrial sectors. The dollar weakened to an almost five-week low and Treasuries were little changed. After the close of regular trading, the SPDR S&P 500 ETFContinue Reading

Daily Market Analysis Market Focus US stocks declined after the S&P 500 briefly touched the highest level since the coronavirus pandemic sent markets tumbling worldwide in March. Major US equity index suddenly stumbled during late US session on signs that the virus was constantly breaking record high. President Donald Trump on Monday criticized health experts’Continue Reading

Weekly Analysis Market Wrap (Weekly Basis) Gold         Gold relentlessly surged to its highest level at $1818 since September of 2011. Global investors were bulking their position on safe-haven assets, such as government bond and value preserving metals. Large fund is adjusting their portfolio with respect to COVID-19 condition, and the recent spiking number ofContinue Reading

Market Focus   US equity market turned south on concerns that resurgence in coronavirus cases will lead to second wave of lockdown across US, which is distinct possible as Fauci mentioned on Wednesday ‘any state that is having a serious problem, that state should seriously look at shutting down’. United States reported more than 60,000Continue Reading

Daily Market Analysis Market Focus   Tech Stocks extended gains while XAUUSD successfully climbed over $1810 on Wednesday. US tech shares surged as investors looked past tensions between Washington and Beijing and sought out companies thought to be insulated from rising COVID-19 cases. For instance, Apple and Amazon were among the high-flying tech stocks thatContinue Reading