Oil prices continued to drop over the course of the last few weeks. The cause for the initial drop of over 30% on March 9, which was the sharpest drop in Oil prices since 1991, came from Saudi Arabia-led OPEC and Russia failing to agree on deeper production cuts in
...
Source: Economic Events Calendar March 30 – April 3, 2020 - Admiral Markets' Forex Calendar
In our last weekly market outlook, we wrote
[…]While we saw the DAX30 CFD recapturing the region around 9,150/200, which slightly brightens the technical picture and th
...March 2020 is set to go down in the history books. Global stock markets crashed in what is now the fastest drop ever recorded. The Dow Jones 30 stock market index sank more than 8,000 points, or a whopping 32% in just 18 days. Central banks sprung into action slashin
...
The Coronavirus pandemic and as a result nearly complete shutdown of the global economy has resulted in a broad risk-off mode and massive de-leveraging, resulting in Equities respectively the SP500 CFD suffering its quickest descent into a bear market on record.
What pro
...
Source: Economic Events Calendar March 23 – 27, 2020 - Admiral Markets' Forex Calendar
Selling pressure on the DAX30 CFD remained high over the last week of trading, despite the massive monetary stimulus from the Fed on March 15. It cut rates to 0.0%-0.25%, la
...Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
