Wednesday, October 7, 2020

Wall Street jumps on stimulus hopes, hints of Trump's return to White House...

https://www.investing.com/news/stock-market-news/futures-bounce-on-stimulus-hopes-hints-of-trump-hospital-discharge-2315562?fbclid=IwAR25DY_fjx5rYxLWMhd3D65DForcL8LPJvhHKEzESuMvon-h4WPZDQHaxKo


(Reuters) - Wall Street's main indexes jumped on Monday, recovering from a sharp fall in the previous session as hints President Donald Trump could return to the White House and hopes of a new fiscal stimulus bill lifted sentiment.

Although Trump's medical condition remained unclear as he began a fourth day at the military hospital where he is being treated for COVID-19, his doctors have said he could be discharged as soon as Monday.
Ten of the 11 major S&P indexes were up, with energy (SPNY), the worst performing sector this year, rising 1.7%. Materials (SPLRCM) and financials (SPSY) were also among the biggest gainers in morning trading.
Shares of Regeneron Pharmaceuticals Inc (O:REGN) jumped 6.1% after Trump's physician said he had been treated with an intravenous dose of Regeneron's dual antibody treatment. The wider healthcare index (SPXHC) added 1.7%.

Monday, October 5, 2020

Forex Trading Understanding...



Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a recent triennial report from the Bank for International Settlements (a global bank for national central banks), the average was more than $5.1 trillion in daily forex trading volume.