fbForeign Exchange Market Overview - Forex Analytics | IFCM

Market Overview

Equity markets are rising mostly currently after resumption of rally Wednesday. Investors are awaiting what agreement eventually will be reached by lawmakers in Congress on fresh coronavirus relief.

Global markets are rising currently after a bullish session on Monday. US equities ended higher Monday led by technology shares on positive economic reports while lawmakers appeared divided on whether $600-a-week boost to unemployment benefits should be extended after they expired last Friday.

Equity markets are mixed currently after a mixed trading week ended last Friday. Investors are awaiting what lawmakers will agree on for another pandemic relief bill on Capitol Hill.

In July, the dollar index decline was the highest over 10 years. The rise in silver prices in July was the most significant in more than 40 years, and gold - in 4 years. The largest hedge funds fear the negative consequences of the global central banks' monetary emissions, which are intended to help the economies of developed countries hit by Covid-19. It should be noted that the demand has so far applied to precious metals only. Commodity futures quotes remain stable.


Global markets are mixed currently after a mixed session on Monday. US equities ended higher Monday led by technology shares as Republican lawmakers signaled a new coronavirus relief program extending direct payments to Americans of $1200 each would be unveiled shortly.

Equity markets are edging higher currently after a pullback last Friday. Investors are waiting plethora of US data and earnings reports this week to show 35% contraction in US economy due to the coronavirus outbreak.

Global markets are subdued currently after a mixed session Thursday and China's order to  close the US consulate in Chengdu. US markets pulled back yesterday as data showed an uptick in jobless benefits applications .

Equity markets are mixed currently after flareup in US-China tensions following US order that China closes its consulate in Houston in 72 hours. Beijing called the demand a “political provocation” and vowed “China will undertake legitimate and necessary responses.” President Trump later said other consulate closures were “always possible.”

Global markets are rising currently after rebound on Monday. US equities ended higher Monday led by technology shares while US coronavirus cases continue to reach records.

Equity markets are mixed currently after a mixed trading last Friday. Investors are cautious after mixed US data Friday signaled significant uncertainty as global covid-19 cases fail to retreat.

Start trading with IFC Markets

We are ready to support you with any kind of questions, 24 hours a day.