Marius Paun | London, UK | Senior dealer | Friday 31st July 2020 The US Fed Keeps Interest Rates On Hold Amid The Same Dovish Tone The US Federal Reserves left its interest rate unchanged at the FOMC meeting on Wednesday and kept its dovish stance. Chairman Jerome Powell said they expect core […]
Marius Paun | London, UK | Senior dealer | Thursday, 30th July 2020 The US dollar has been on a downward slope lately as the American authorities face an ongoing struggle to contain a spike in coronavirus. Day by day hopes for a speedy V-shaped economic recovery is crushed by the high infection numbers. […]
Marius Paun | London, UK | Senior dealer | Friday 24th July 2020 The US-China Tensions Escalated From Aggressive Words To Actions The US stock market was led higher by Nasdaq on Monday which gained 2.5% on the day closing to a new all-time record high. The tech index is now 20% up for […]
Marius Paun | London, UK | Senior dealer | Wednesday, 22nd July 2020 Recently gold prices broke above $1800 for the first time since 2011 showing signs that its bull run is gaining momentum (trading around $1858 mark at the time of writing). At the same time, government bonds yields remained at very low […]
Marius Paun | London, UK | Senior dealer | Friday 17th July 2020 Euro Strength Ahead of G10 Summit Next Week Optimism seems to be growing for the progress on the European Recovery fund, which has led to the Euro strengthening against most of the major currencies, trading as high as 1.145 against the US […]
Marius Paun | London, UK | Senior dealer | Friday 10rd July 2020 Stability in Equities Outshone by Performance of Gold A strong start to the week in Equities worldwide driven by the latest US ISM Non-Manufacturing Purchasing Managers Index (PMI) coming in at a healthy 57.1 vs 50.1 forecast and measures […]
Marius Paun | London, UK | Senior dealer | Friday 03rd July 2020 The US Labour Department reported the non-farm payrolls data yesterday, a day earlier due to the July Fourth holiday with US stock markets closed today. It showed employment surged by 4.8 million jobs in June better than expectations of an […]
Marius Paun | London, UK | Senior dealer | Tuesday, 30th June 2020 The US oil prices moved down on Tuesday on renewed doubts the V-shaped economic recovery can be maintained. At the same time, a potential increase in crude supply weighed on the energy markets, after Libya state oil company signalled some progress […]
Marius Paun | London, UK | Senior dealer | Friday 26th June 2020 Markets Concerned About The Second Wave Of Covid-19 And Global Trade Tensions As if worries of a second wave was not enough, the US government is to suspend certain non-immigration work visas through to the end of 2020 and to extend […]
Marius Paun | London, UK | Senior dealer | Thursday, 25th June 2020 After a few weeks of going back and forth, gold prices finally broke higher early this week and came within reach of the crucially important $1800.00 level. It has managed this despite a stronger US dollar which in turn was supported […]
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
