Daily Market Analysis

EU 'thinks Brexit deal 95% agreed' but anxiety remains

World stocks edged higher Friday as hopes of economic recovery ahead helped offset the blow dealt by the news that the US Treasury was ending emergency loan programs.

The South African Reserve Bank left its interest rate unchanged. That allowed the rand to close green yesterday. What to expect today?

On Thursday, XAU/USD tested levels below $1 860, but then managed to close near the day’s high. The support in the $1 860/50 has been limiting the downside since the end of the summer.

Looking ahead, highlights from macroeconomic calendar include UK retail sales, Eurozone consumer confidence, ECB's Lagarde, Fed's Kaplan, Barkin, George speeches.

There is a mysterious W-shape in the S&P... Do you see it? If it works out the same way it did previously, the S&P is just a few days away from striking upwards in a confident march!

U.S. stock markets are set to extend Wednesday’s losses when they open later, on fears that the current wave of Covid-19 cases will weigh heavily on output in the final quarter of the year.

EUR/USD is moving sideways today. Let's find out why.

Will the Australian dollar open the way to further gains in the mid-term?

Dow Jones ended lower following late-day selling Wednesday on signs of further Covid-19 restrictions in the U.S. that threaten the pace of the recovery, and an intraday reverse in Boeing. Asian bourses were mixed as the region partially shrugged-off the risk-averse mood that rolled over from US where early vaccine optimism faded amid COVID-19 concerns.

1.33 - what is it for GBP/USD? Something you might have missed until now. Check it out.

What are the prospects for the oil price? Read and discover.