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

2021/09/01 Market Chat

Authored by TD Markets
01.09.2021
Market Commentary
0
1 min

It was a mixed day on the markets yesterday as US indices slid lower, off the back of some weak PMI and Consumer sentiment figures. This morning’s Asian session was very positive as all the indices edged higher as they approach all-time high levels.

The market seems to be consolidating in the buildup to the unemployment figures set for release on Friday. The precious metals are starting to decline slightly which might be an indication for a strong NFP and Unemployment rate to be released. ADP is set to be released today which might give us a bit of an indication of where NFP might be heading.

Ethereum had a strong breakout this morning as it trades above $3500 during the opening of the European session. Bitcoin still remains stuck in its current range as it hasn’t quite chosen a direction yet for the new month.

The Australian and Canadian dollar is currently the strongest currencies as the European markets opened up. The Japanese Yen and Swiss Franc is currently the weakest currencies.

Authored by TD Markets
01.09.2021
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