Weekly Market Outlook: January 6-10
The new year has started with the escalation of tensions between the United States and Iran…
Tag - brent
Oil is back to pre-pandemic levels!
The global recovery increased the demand for crude oil and dragged the price to the pre-crisis levels.
Stocks are in the longest rally since August
Apple will soon offer a platform for buying and selling cryptocurrency. S&P 500 surged to the record high above $3 900, crude oil continues rallying up. A lot of news came out! Jump in!
USD came under selling pressure
The US dollar’s weakness offered a boost to emerging-market currencies and oil.
OPEC may increase oil supply at meeting on March 4
OPEC will hold a meeting on March 4, where it should announce its decision on further oil output.
Will oil rally continue?
Oil has surged to March highs amid optimistic vaccine news and the peaceful presidential transition. Read to know forecasts!
Wall St banks forecast oil at $100
Financial giants such as JPMorgan and Goldman Sachs anticipate crude oil to skyrocket as high as $100 as the global economy rebounds.
Vaccine news improved sentiment
There are three main market drivers these days: vaccine, Brexit, and US stimulus package.
December 14: Monday's trades
Vaccine news, Brexit developments, and hopes for the US stimulus package are the main market drivers! How to start the week?