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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.
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Zander’s Market Chat 29 January

Authored by TD Markets
29.01.2021
Market Commentary
0
1 min

This week has been a bit of a rollercoaster, from the FOMC statements a traditionally significant market event, which ended up being very underwhelming, to a social economic war of injustice on Reddit with WallstreetBets moving the markets all over the place from individual stocks to commodities. Gamestop was the first to be targeted, followed by AMC, and yesterday we got Silver being targeted.

Yesterday American GDP came in lower than expected at 4% down from 33.4% of the previous quarter and 0.2% lower than the expected.

There is a lot of news coming out today but nothing really high impact, just keep an eye out for GDP figures coming out of Europe and Canada.

Authored by TD Markets
29.01.2021
Market Commentary
0
1 min

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