Non-farm payrolls week KEY POINTS • US DOLLAR REBOUNDS AFTER 2 MONTHS SELL OFF• POSITIVE NFP DATA COULD BOOST THE DOLLAR• EURUSD REVERSES SHARLPLY FROM 1.22300 The US dollar strengthened against major counterparts last week after leveraging on rising treasury yields and positive economic data, bringing an end to a 2 month decline. Weekly jobless […]


by Lulama Msungwa
3 years ago

Key Points Zoom is set to release its booming results after the closing bell The share price is expected to show an increase of $0,79 per share in the fourth quarter The stocks traded above the $330 support level on Friday Zoom to release Q4 results after the closing bell Zoom video communication is set […]


by Lulama Msungwa
3 years ago

Key Points RBA to give its rate decision Little change in policy is expected AUDUSD look for directions on the RBA rates RBA to give interest rate for March The RBA is set to give its interest rate for March with little change is expected from the policy in its meeting that could weigh in […]


by Lulama Msungwa
3 years ago

Weekly Overview Last Week Last week was highly volatile as major trends were reversed in Forex, equities, and commodities markets. The Hang Seng index recorded the worst week in a year as it dropped 6.30%. The Dow ended the week 1.40% lower after trending at an all-time high of $32,082. The S&P dropped 2.30% while […]


by Rufas Kamau
3 years ago

KEY POINTS It’s a busy week ahead as the global markets set to start a new month Interest rate, GDP growth, retail sales, and Non-farm payroll up in the calendar The markets outlook for March Fed speech will surely influence the market this week The global vaccination progress and political headlines will continue to influence […]


by Scope Markets
3 years ago

Key points Texas winter storms clamps down on crude oil supplies, sending price above $60 pb (per barrel) Refineries have been shut due to bad weather conditions Millions of people are without power supply as the winter storm collapses power generation In what is described as an extreme weather condition in the state of Texas, […]


by Adegbotolu Kehinde Erastus
3 years ago
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Scope Markets offers institutional and retail trading services to businesses and traders worldwide. Our top management team has more than 20 years of experience in the industry, and we are proud of the solid partnerships we built over the years. Whether it's a business or individual, Scope Markets has a wide range of trading solutions that are compliant, flexible, cost-efficient, innovative, and place the client first.

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