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Markets
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Dow Jones claims record high on earnings beats
The Dow Jones Industrial Average (DJIA) surged into a record high on Tuesday, testing above 47,000 and posting a new all-time intraday high of 47,126. ‘Old economy’ stocks from…
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UK inflation data steal the show
The US Dollar (USD) managed to regain traction and clocked a marked bounce on turnaround Tuesday. The Greenback’s recovery came on the back of easing trade tensions and alleviated…
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Rangebound with bearish bias intact below key SMAs
The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Tuesday, weighed down by broad-based Greenback strength amid cautious optimism that the US-China…
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Swiss Franc weakens as the Greenback firms amid easing US-China trade tensions
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Tuesday, as the Greenback extends gains and fading risk aversion curbs demand for the Franc. At the time of writing,…
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Silver sinks as risk-on sentiment, stronger USD weigh
Silver (XAG/USD) sinks on Tuesday, trading around $48.70 at the time of writing, down 7.00% for the day after briefly touching an intraday low at $47.90. The sharp decline comes…