While the US economic outlook dramatically worsened over the last few weeks, and will potentially continue to worsen as Initial Jobless Claims rise to over 22 million for the last four weeks as well as US retail sales falling 8.7% (showing the biggest 1-month decline si
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Source: Economic Events Calendar April 20 – 24, 2020 - Admiral Markets' Forex Calendar
After the prolonged Easter weekend, the German DAX30 started the last week of trading solidly, but got hit hard later in the week as bears regained control of the price acti
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On Sunday, OPEC and allies (known as OPEC+), announced that it has agreed to cut Oil production by 9.7 million barrels per day for May and June.
That said, it is expected that total global oil cuts will amount to more than 20 million barrel per day, equivalent to around
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Source: Economic Events Calendar April 13 – 17, 2020 - Admiral Markets' Forex Calendar
The DAX30 CFD surprised traders with a very bullish performance over the last week of trading, recapturing 10,000 points and has further corrective potential, possibly as hi
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Last week, US initial jobless claims doubled from the prior week, jumping to a new record high of 6.6 million in the week of March 28.
Interestingly enough, the US dollar did not sell-off in expectation of more monetary stimulus from the Fed which went "all
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