The US dollar has again strengthened relative to a basket of currency masters. The US Dollar Index (#DX) closed in the negative zone (+ 0.34%). The US currency has grown following a speech by Fed chairman Jerome Powell. The official said interest rates are unlikely to be transferred to the negative zone. Powell also said a pandemic would cause long-term damage to the economy and prospects for the recovery remain uncertain.
The UK released ambiguous GDP data yesterday. The Office of National Statistics reported that the country’s GDP fell by 2.0% (q / q) in the first quarter. At the same time, experts predict a 2.5% (q / q) decrease. The Aussie came under pressure following the release of a weak report on the Australian labor market.
Prices of “black gold” are rising. Currently, futures for WTI crude are testing the $ 26.40 mark per share. Barrel.
market Indicators
- Yesterday was the bearish sentiment in the US stock market: #SPY (-1.77%), # DIA (-2.21%), #QQQ (-1.25%).
- The 10-year US Treasury bond has fallen again. Currently the indicator is at 0.61-0.62%.
News Feed 2020.05.14:
- Initial Unemployment Claims in the United States at. 15:30 (GMT + 03: 00).