September 28, 2020
Top daily news
Equities are advancing currently after logging another bearish week last Friday. President Trump nominated Amy Coney Barrett for Supreme Court as investors are anxious to see a progress on renewed stimulus from Washington. Google shares rose 1.13% underperforming market, shares of Tesla gained 5.04%, outperforming market.
Forex news
| Currency Pair | Change |
| EUR USD | +0.05% |
| GBP USD | +0.26% |
| USD JPY | -0.33% |
The Dollar strengthening has halted currently . The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.3% Friday as the Census Bureau reported orders for durable goods rose 0.4% on month in August, the fourth straight gain, when 1.1% increase was expected. Both GBP/USD and EUR/USD reversed their climbing Friday as the GfK consumer confidence index for UK slowed its decline in September. Both pairs are higher currently. Both yen and Australian dollar continued retreating against the greenback Friday with the dynamics reversed for both currently.
Stock Market news
| Indices | Change |
| Dow Jones Index | +0.55% |
| Nikkei Index | +1.32% |
| Australian Stock Index | -0.21% |
Futures on US equity benchmarks are up currently ahead of Federal Reserve Bank of Cleveland President Loretta Mester’s speech at 22:00 CET today. The three main US stock indexes recorded weekly returns ranging from -1.8% to 1.1% on Friday. European stock indexes are rebounding currently after a bearish session Friday led by bank shares. Asian indexes are mixed today with Nikkei leading advancers as data showed profits at China’s industrial firms grew for the fourth straight month in August.
Commodity Market news
| Commodities | Change |
| Brent Crude Oil | -0.43% |
| WTI Crude | -0.23% |
Brent is edging lower today. Oil prices ended down last session with Libyan output set to pick up after General Haftar moved to lift a blockade of ports that had virtually stopped production for the past eight months. The US oil benchmark West Texas Intermediate (WTI) futures are lower currently after October WTI edged down 0.2% Friday. November Brent crude lost 0.05% to $41.92 a barrel on Friday.
Gold Market News
| Metals | Change |
| Silver | -0.08% |
Gold prices are extending losses today. December gold fell 0.6% to $1866.30 an ounce on Friday.
Market Analysis provided by IFCMarkets.com
- Iran wants to maintain the blockade of the Strait of Hormuz until the United States closes all its bases in the Middle East Mar 13, 2026
- USD/JPY at Highest Since July 2024: Market Awaits BoJ Intervention Mar 13, 2026
- Oil continues to rise despite record strategic reserve releases by the IEA Mar 12, 2026
- Gold Moderately Lower as Market Pressures Intensify Mar 12, 2026
- IEA deploys strategic reserves to halt soaring oil prices Mar 11, 2026
- GBP/USD Managed to Rise, but Pressure Factors Remain in Place Mar 11, 2026
- Trump signals de-escalation in the Middle East; China’s trade surplus hits a new record Mar 10, 2026
- EUR/USD in Turbulence: Market Questions When Conflict Over Iran Will End Mar 10, 2026
- Prices push oil above $100 per barrel Mar 9, 2026
- COT Metals Charts: Speculator Bets led by Silver, Gold & Platinum Mar 7, 2026
