mask U.S. Dollar Gains on Bearish Oil Trends while Pandemic Grows

21/ 04/ 2020

U.S. Dollar Gains on Bearish Oil Trends while Pandemic Grows

Daily Update - 21st April 2020

Yesterday’s Market

  • RBA Minutes


Yesterday’s Explained

Market was very quiet yesterday and it was only Australia RBA Minutes worthy taking a look at for the Investors. 


Today’s Markets

 

  • GBP Average Earnings Index & Claimant Count Change
  • German ZEW Economic Sentiment
  • USD Existing Home Sales

 

Today’s explained


GBP and EUR could show some swings on the short runs as the data might back them. AS EUR and GBP had closed bullish on the Friday’s session this early reports could maintain the momentum if the data expected shows positive momentum.
The day will be ending with the data coming from the USA on the existing home sales showing the strength of the US housing market, which can be considered as the economy as a whole, as the housing market is sensitive to the business cycle