The stocks in the US aren’t doing very well today, in spite of how high they closed on Friday.
Asian markets are mixed this week, with some shares rising and some dropping. The Yen seems to be dropping against the USD.
The markets in Europe opened low today as a result of a statement by the European Central Bank.
The growth in the US economy has been very well this last quarter, which means that there’s a good chance the demand for oil will increase and the prices will rise.
The protests in Hong Kong are shaking the markets, which can cause investors to invest in safer currencies like gold. As a result, the gold has been climbing after it has been in a 9 month low.
The USD is doing very well and has been climbing recently to a 4 year high against various currencies.
Trading Tip: Typically, gold moves in the opposite direction to the Dollar so there's a good chance that the gold will drop since the Dollar is climbing.
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