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Showing posts from September, 2020

DAILY TECHNICAL ANALYSIS | CAPITAL STREET FX | FOREX NEWS | 29th-september-2020

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  On Tuesday Asian markets crouched down low ahead of the first U.S. presidential debate later in the global day, with investors also remaining cautious over the global economy’s prospects as coronavirus deaths surpassed the 1-million mark worldwide. Hong Kong’s Hang Seng index was down 0.56% to 23,344. Mainland Chinese stocks also edged lower today, as the Shanghai composite climbed up by 0.41% to about 3,229.42. South Korea’s Kospi climbed up by1.01% to 2,329.91. Shares in Australia also saw loss, with the S&P/ASX 200 inching down to 0.14% to 5,944.80. Overall, the Singapore MSCI index gained 1.46% to 287.38, at the time of writing. The American stock market opened on a positive note as traders are eagerly speculating the market as the first U.S Presidential debate is going to take place,later today.   The Nasdaq 100 was up by  1.87% to 11,136 , the S&P 500 was down also up  1.61% to 3,351.47 and the Dow Jones was up by 1.51% at 27,587.42, at the time of writing. European st

Market News | Forex News | Research Report 23rd September 2020

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  Shares in Asia Pacific struggled for gains on Wednesday as persistent worries about the global economic recovery had investors preferring safety. Stocks in mainland China were trading in the green by late morning. The Shanghai composite was up 0.17% to 3,279. Stocks in Australia rose with the S&P/ASX 200 edging up 1.01% to 5891.5. Overall, the Singapore MSCI rose 0.12% to 5,891.5. Over in Hong Kong, the Hang Seng Index fell by 0.12% to 23,625. In Japan, the Nikkei 225 climbed 0.91% to 23,088, while the Topix index rose 0.57% to 1631. South Korea’s Kospi also rose 0.03% to 2,334.24. Overnight on Wall Street, The Dow ended Wednesday up 0.52%, to 27,288 while the S&P 500 climbed 1.05% to 3,315 and the Nasdaq Composite Index rose 1.71% to 10,963. The European market was  Seen moving  Higher Ahead of Key PMI Sentiment Data. European stock markets opened lower today. In the Cash Markets, the Pan-European STOXX 50 index inched up 0.52% to 3,192, Germany’s DAX edged up 0.61% at 12,73

Research Report 22nd September 2020 | Forex News | Global Markets News

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  Asia-Pacific were opened lower today and extended losses for the second consecutive day. Mainland Chinese stocks edged lower, with the Shanghai Composite down 0.49 % to 3,330.52. Hong Kong’s Hang Seng Index also lost 0.64% to 23,140.5. South Korea’ Kospi finished its trading day 2.72% lower to 2324.8. Japanese  market is closed today as the country observes “autumn equinox”. In Southeast Asia, the Straits Times index in Singapore declined 1.14%. The S&P/ASX 200 was trading higher at 0.49% to 5,779.5. European stock markets  opened lower on Tuesday, as there is a possibility of delay in expanded U.S stimulus and investors sentiments are bearish as there are concerns about fresh pandemic lockdowns in Europe.  In the cash markets, the DAX futures contract in Germany traded 0.34% lower to 12,571 , CAC 40 futures in France dropped 4.38% to 4,819, while the FTSE 100 futures contract in the U.K.was up 0.44% to 5,791.  The U.S. stock  market was also down  early Tuesday morning. The Dow