Suchen
DE Down
Sprache
Hallo, user_no_name
Live Chat

CFDs sind komplexe Instrumente und umfassen aufgrund der Hebelfinanzierung ein hohes Risiko, schnell Geld zu verlieren. 76,3% der Privatanlegerkonten verlieren Geld, wenn sie mit diesem Anbieter CFDs handeln. Sie sollten überlegen, ob Sie wirklich verstehen, wie CFDs funktionieren, und ob Sie es sich leisten können, das hohe Risiko von finanziellen Verlusten einzugehen.

Close

It’s been a week of good progress so far, with positive noises on trade and oil production cuts. Markets are firmly risk-on, which is good news for equities and oil, while gold is feeling the pressure.

Equities have recorded strong gains today on the back of trade progress at the G20 meeting. The US and China have agreed to restart trade talks after President Donald Trump met President Xi Jinping at the gathering of world leaders.

European indices have shot higher, with the FTSE 100 up over 1.1% and above 7,500 points for the first time in around 10 weeks. The DAX has hit a fresh 11-month high thanks to a gain of 102 points to trend above 12,559. Futures suggest a strong US open, with both Dow and S&P 500 futures up 0.8% at the time of writing.

Meanwhile, gold is trending below $1,390 today, recording losses of 1.5%, as investors unwind the recent flight to safety.

Oil races higher on OPEC progress

Iran has now given its backing to a proposed extension of OPEC’s joint oil production cuts. Other key OPEC members, as well as non-OPEC ally Russia, also seem to be in favour. This means the cuts could be finalised during the two-day meeting concluding tomorrow.

Oil has shot higher on the news, with crude breaking above $60 per barrel and Brent testing $66.50. Both represent gains of over 3.2%. Crude oil could face resistance near $60.80, the 76% retracement of the top-to-bottom move seen between late May and mid-June. Brent, meanwhile, is trending around the 50% retracement level, with $68.07 the next key resistance, on the 61% retracement line.

Bitcoin tumbles further from 15-month high

Bitcoin has moved further away from the 15-month high struck last week when markets pushed the world’s biggest cryptocurrency towards $14,000. BTC has recorded 10% losses so far today, leaving it to trade in the region of $11,300.

It looks like the once-key $11,000 resistance level has now turned into support.

Neueste meldungen

Treasury yields, dollar pull back after higher-than-expected CPI reading triggers rally

Donnerstag, 12 September 2024

Indices

Wochenausblick: Die Federal Reserve will Zinsen senken, aber um wie viel?

Trump-Harris debate, iPhone 16 launch, and ECB meeting in focus this week

Donnerstag, 5 September 2024

Indices

Wochenausblick: iPhone 16-Vorstellung, Trump-Harris-Debatte, EZB-Treffen

Markets look to key US jobs report after Labor Day

Donnerstag, 29 August 2024

Indices

Wochenausblick: Die Märkte schauen nach dem Labor Day auf wichtige US-Arbeitsmarktdaten

Samstag, 24 August 2024

Indices

Wochenausblick: Die Märkte richten sich nach den Nvidia-Ergebnissen

Live Chat