Earthquake in Turkey disrupts oil supply
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A huge earthquake in Turkey and Syria has led to numerous casualties and disrupted the oil supply from the west Asia region. This caused WTI oil futures to climb to $74.11 a barrel. Spot gold also rose to $1,867.71 an ounce. Both Bitcoin and Ethereum continued to weaken to $22,830.0 and $1,624.26 respectively.
The Reserve Bank of Australia is about to announce its Interest Rate Decision, in which Mitrade expects a rate hike of 25 basis points. Meanwhile, the US dollar extended its strong run with AUD/USD dropping 38 pips to 0.6881.
EUR/USD declined 63 pips to 1.073, and GBP/USD slid 35 pips to 1.2021. USD/JPY surged 148 pips to 132.65, and USD/CAD closed 50 pips higher at 1.3446.
The Nasdaq 100 plunged 108 points (-0.87%) to 12,464, while the S&P 500 slipped 25 points (-0.61%) to 4,111. The Dow Jones Industrial Average dropped 34 points (-0.10%) to 33,891.
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/JPY 🔼
XAU 🔼
WTI 🔼
BTC 🔽
ETH 🔽
A huge earthquake in Turkey and Syria has led to numerous casualties and disrupted the oil supply from the west Asia region. This caused WTI oil futures to climb to $74.11 a barrel. Spot gold also rose to $1,867.71 an ounce. Both Bitcoin and Ethereum continued to weaken to $22,830.0 and $1,624.26 respectively.
The Reserve Bank of Australia is about to announce its Interest Rate Decision, in which Mitrade expects a rate hike of 25 basis points. Meanwhile, the US dollar extended its strong run with AUD/USD dropping 38 pips to 0.6881.
EUR/USD declined 63 pips to 1.073, and GBP/USD slid 35 pips to 1.2021. USD/JPY surged 148 pips to 132.65, and USD/CAD closed 50 pips higher at 1.3446.
The Nasdaq 100 plunged 108 points (-0.87%) to 12,464, while the S&P 500 slipped 25 points (-0.61%) to 4,111. The Dow Jones Industrial Average dropped 34 points (-0.10%) to 33,891.