Trading News & Market Analysis
Stay on top of your trading and any major economic events with real-time market updates, commentary and insights from our global market analysts.
After rising more than 300 points earlier in the session, the Dow Jones closed 53 points lower or down 0.22%, while the S&P 500 ended flat.
October set up good rallies from lows after Brexit developments. The GBP to the USD and JPY have been held by overall highs and ranges. After a three day decent this month price has rallied as news filtered through that progress was being made. Yesterday’s trade was volatile with price closing flat after strong moves higher and lower.
Stocks have been in the dumps for a good period of time. Multiple global issues continuing to hurt buyer confidence and sentiment. This week started with a shocker Monday produced deep falls on the US30, GER30 and other indices. The AUS200 and GER30 hit multi-year lows this week…..
Level 6, 360 Collins Street
Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with EightCap, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing substantially more than your initial investment). A Product Disclosure Statement (PDS) and a Financial Services Guide (FSG) for our products are available to download from our Legal Documentation page. You must assess and consider them carefully before making any decision about using our products or services.
EightCap is a registered business name of EightCap Pty Ltd (ABN 73 139 495 944). We are regulated by the Australian Securities & Investments Commission (ASIC) - our AFSL number is 391441. This licence authorises us to provide financial services to people in Australia.
The information on this website is of a general nature only and is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. EightCap is not a financial adviser, and does not issue advice, recommendations, or opinion in relation to acquiring, holding or disposing of a margined transaction. We provide general advice only and accordingly you should consider how appropriate the advice (if any) is to your objectives, financial situation and needs before acting on the advice.