Trade.com Detail Their Top Market News of the Week

Trade.com Detail Their Top Market News of the Week

For the second week in a row, Trade.com have shared a pick of the biggest market news of the week on their Facebook page.

The news that they have noted as the most important primarily affects the stock and forex markets but unlike last week the news was slightly more optimistic. They nearly all exclusively focus on events in the US who have had one of the most turbulent two weeks of all the international markets for various reasons both internally and externally.

The full list of market updates that Trade.com have advised as most pertinent are as follows:

• Markets started the week in ‘risk off’ mode, as fears of a 2nd wave hit the wires.

• Markets were in a “watch and wait” mode, as Chairman Powell gave testimony in front of Congress.

• Initial jobless claims edged down slightly to 1.51 million from an upwardly-revised 1.57 million the week before.

With this knowledge acquired, you can go to Trade.com in order to benefit from these market happenings here.   

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