Mitrade_official

Military conflict in Sudan escalates

FX:GBPUSD   British Pound / U.S. Dollar
The clash between two major military leaders in Sudan led to a massive evacuation of foreign diplomats and residents. Locals and refugees from other countries will have to seek shelter elsewhere.

Growing instability saw spot gold recover 6 to 1 ,989.11 an ounce, and WTI oil futures edge up $0.89 to $78.76 a barrel. Bitcoin and Ethereum fell to 27 ,409.0 and 1 ,836.16 respectively.

The German business climate index recorded smaller growth than Mitrade's estimates, increasing from 93.2 in March to 93.6 in April. EUR/USD climbed 54 pips to 1.1041. GBP/USD added 39 pips to 1.2482, and AUD/USD moved up 6 pips to 0.6696. USD/CAD slipped 2 pips to 1.3537, and USD/JPY closed 7 pips higher at 134.22.

The Dow Jones Industrial Average advanced 66 points to 33,875, and the S&P 500 gained 3 points to 4,137. On the other hand, the Nasdaq 100 dropped 31 points to 12,969.

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