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A world of Trading assets

2021/07/22 Market Chat

Authored by ZanderVanDerMerwe
22.07.2021
Market Commentary
0
2 min

Yesterday was another good day on the market as indices rallied well during the day, US Indices all closed higher as they approach all-time high levels again. The European Indices had a good day on the market as they clawed back last week’s losses.

The precious metals are struggling at the moment as gold close negative for consecutive days, Sliver had its first positive close this week as silver slumped further down. Brent had an outstanding day in the market as Brent rallied up substantially to close the day out significantly higher.

Bitcoin and Ethereum edged higher but still trading significantly lower than expected, Ethereum approached the $2000 mark. Bitcoin got above $30 000 again, as it was trading at $32 000 before the European open.

Before the European open the Pound and Australian Dollar are the strongest of the major currencies. The Euro is neutral as ECB meeting is pending this afternoon. The Swiss Franc and Canadian Dollar is currently the weakest currencies as we’re waiting for Europe to open up.

Thursday (SAST)
All Day - Bank Holiday (JPY)
1:45 pm - Monetary Policy Statement (EUR)
2:30 pm - ECB Press Conference (EUR)
- Unemployment Claims (USD)

Authored by ZanderVanDerMerwe
22.07.2021
Market Commentary
0
2 min

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