AUD/USD reached 0.6963 cents today shooting towards 0.70 but eased from that level to 0.6952. Markets stayed positive due to hopes of more stimulus from the US as well as upbeat PMI data from key economies like Australia, UK and US.
- The latest surge in AUD arises due to North Korea’s suspension of military attacks on its southern neighbor
- Japan’s easing of restrictions and positive signals from US Treasury as it plans on extension of tax filing date to combat coronavirus
- Risks remain amid US-China trade tensions, anti-dumping investigations by Trump and mixed set of numbers from Beijing, Korea and Australia
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
Get an insight into the lithium prices and the trends. The supply glut kept the lithium prices in check. The escalated bilateral trade dispute between the United States and China significantly impacted the lithium chemical prices.
Understand the performance of mining companies. The lithium mining companies managed to sail through the turbulent white gold market by limiting the production in correspondence with the demand from the offtake partners.