Price moves in waves...来自LittleRabbit

Price moves in waves, so don’t enter immediately after a sharp move, because price will most likely move against you before moving in your favor. #OPINIONLEADER#

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World shares rose on Thursday after Chinese exports proved far stronger than expected, while the U.S. dollar climbed to two-week highs on its safe-haven status after another report showed millions more Americans took unemployment aid. Initial U.S. jobless claims for state unemployment benefits totalled a seasonally adjusted 3.169 million for the week ended May 2, down from a revised 3.846 million in the prior week, the Labor Department's weekly jobless claims report showed. The data reinforced economists' expectations of a protracted recovery for the U.S. economy, which is reeling from nationwide lockdowns to slow the spread of the coronavirus pandemic. #InitialJoblessClaims# #CoronavirusOutbreak# #StockMarketIsDownBig#

LittleRabbit

30 Million of Americans Applied for Unemployment Benefit. Should They Buy Gold? Just like the BoJ last week, the ECB also expanded its monetary policy easing. Meanwhile across the pond, more than 30 million of Americans applied for the unemployment benefit. What does it all means for the gold market? #gold# #InitialJoblessClaims# #goldfall#

LittleRabbit

MELBOURNE (Reuters) - U.S. oil prices jumped on Wednesday, trimming some of this week's losses, after U.S. stockpiles rose less than expected and on expectations demand will increase as some European countries and U.S. cities moved to ease coronavirus lockdowns. U.S. West Texas Intermediate (WTI) crude <CLc1> futures climbed to a high of $14.40 a barrel and were up 15.4%, or $1.90, at $14.24 at 0233 GMT, paring a 27% plunge over the first two days of this week. Brent crude <LCOc1> futures rose 4.6%, or 93 cents, to $21.39 a barrel, adding to a 2.3% gain on Tuesday. U.S. crude inventories rose by 10 million barrels to 510 million barrels in the week to April 24, data from industry group the American Petroleum Institute showed on Tuesday, compared with analysts' expectations for a build of 10.6 million barrels. #WTI# #BottomFishingWTI?#

LittleRabbit