A world of Trading assets

News and Insights

It’s the mother of all markets, making all other types of trading possible. Every three years the Bank of International Settlements releases its survey of foreign exchange and OTC derivatives markets.
A world of Trading assets

2021/07/21 Market Chat

Authored by ZanderVanDerMerwe
21.07.2021
Market Commentary
0
1 min

The markets rebounded well yesterday following Monday’s substantial retracements US Indices closed the day out significantly higher from its open erasing Monday’s losses, the Dax and FTSE edged higher but still substantially lower than where the week opened up.

The commodity market didn’t fare any better as Gold was very mixed yesterday while Silver continued to decline breaking through the $25 mark. Brent held firm yesterday as its decline was somewhat halted. Crude Oil Inventories are due out today so keep an eye out for the data set to be released this afternoon.

As the European market opened up, the US Dollar remains the strongest currency while the Australian Dollar remains very weak following their lower than expected Retail Sales that was released this morning.

Wednesday (SAST)
3:30 am - Retail Sales m/m (AUD)
4:30 pm - Crude Oil Inventories (USD)

Authored by ZanderVanDerMerwe
21.07.2021
Market Commentary
0
1 min

latest news

TD Markets

Africa’s Favourite broker

TD Markets provides you with access to the industry leading platform, Metatrader 4. This platform, easily accessible from any device, facilitates your trading experience by offering numerous tools, including indicators, expert advisors and open source algorithmic trading scripts.
Why TD Markets