OPEC+ - unexpectedly - decided to gradually increase back the oil supply. What's the outlook for the oil price?
Exuberance and Optimism Keep Going
Information is not investment advice
Midday Market View
Russian health ministry has approved coronavirus vaccine developed by Moscow's Gamaleya Institute. He hopes Russia will start mass production of coronavirus vaccine very soon. European indices are hovering near 2% gains on the session now with US futures also creeping higher.
Midday Key Point
- Germany August ZEW survey current situation comes at -81.3 vs -69.5 than expected.
- Russia president Putin says have approved first Russian-produced coronavirus vaccine.
EUR/AUD rose to 1…
US stock markets are set to open mixed as the post-Pfizer rally is reassessed, but cyclicals are still clearly outperforming the growth and momentum names that have notched the biggest gains during the pandemic.
According to Westpac, the AUD is undervalued. What target do they set?
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…