Here is what you need to know on Wednesday, July 8: The coronavirus spread was once again the main and only market motor. It started with the Australian government announcing a six weeks lockdown in all Metropolitan Melbourne and other surrounding cities amid a new outbreak with 191 new COVID-19 CASES reported. Brazil’s President, Jair Bolsonaro, has tested positive for coronavirus. Bolsonaro has refused to use lockdown as a toll to battle COVID-19, calling it a “little flue.” Brazil has reported over 1.8 million cases and over 66K deaths, the second most compromised country behind the US. WHO leader, Dr. Tedros, announced he will travel to China on the weekend to prepare a study on the origins of the virus. He added that the pandemic is in full expansion, and the world has not yet left the worst behind. Equities closed in the red worldwide, although the Nasdaq Composite hit an all-time high before turning red. The dollar seesawed between gains and losses against its major rivals, ending the day mixed. EUR/USD trades around 1.1270, GBP/USD extended its advance to 1.2590, ignoring the lack of progress in Brexit talks. Gold soared to $1,797.50 a troy ounce a new multi-year high amid the broad dollar’s weakness combined with the risk-averse mood. Crude oil prices eased by the end of the day, dragged lower by Wall Street. WTI closed the day unchanged a few cents above $40.00 a barrel. Cryptocurrency Market News: Twitter users can send Bitcoin and crypto to each other thanks to a new service FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK’s Prime Minister Boris Johnson on a call to German Chancellor Merkel FX Street 3 years Here is what you need to know on Wednesday, July 8: The coronavirus spread was once again the main and only market motor. It started with the Australian government announcing a six weeks lockdown in all Metropolitan Melbourne and other surrounding cities amid a new outbreak with 191 new COVID-19 CASES reported. Brazil’s President, Jair Bolsonaro, has tested positive for coronavirus. Bolsonaro has refused to use lockdown as a toll to battle COVID-19, calling it a “little flue.” Brazil has reported over 1.8 million cases and over 66K deaths, the second most compromised country behind the US. WHO leader, Dr.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
