old entered 2021 with lofty expectations on the back of a record high and its biggest annual gain in a decade. Instead, the precious metal is off to its worst start in 30 years.
➕ Resources ➖ Industrials ➖ Financials (in ranking order)
If there is a negative correlation between markets, it means one of the
markets’ price will go up, while the other will likely drop. When you trade
each of these assets, you might succeed in any market, by avoiding the steep
climbs and large dips expected with a single market type. In the same way,
positively correlated markets could enable you to profit from both markets if
the price moves in the direction that you speculate.
The real-time Economic Calendar covers financial events and indicators from all over the world. It’s automatically updated when new data is released. The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide.
A quick reminder of what happened in the markets yesterday.
U.S. stock markets fell sharply at the opening on Thursday, after an unexpected rise in weekly jobless claims sparked fears that trades anticipating an economic recovery in the course of the year may have gone too far, too fast.