The year-end is getting closer. What will 2021 bring us? Let’s find out what major banks expect!
Tag - oil
The global recovery increased the demand for crude oil and dragged the price to the pre-crisis levels.
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
The dovish Fed and the weak US inflation data pressed the dollar down. Meanwhile, the earnings season goes on. Today PepsiCo and Disney will publish their earnings reports.
Riskier currencies such as the GBP, NZD, and AUD skyrocketed to multi-year highs. 10-year Treasury yields rose to the highest level in almost a year. Oil tries to rebound from its previous week's losses.
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!
The USD is rising for the third day in a row, stocks jumped as well after Alphabet( Google) and Amazon published better-than-expected revenues.
EUR/USD, the S&P 500, gold, and oil - everything is here! Jump in!
Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. As a result, the US dollar surged. Watch the video to know the latest news and get some trade ideas for today!
Oil fell below $52.00 because investors expect a weaker oil demand amid rising Covid-19 infections and new lockdowns.
The market sentiment deteriorated as the new Covid-19 variant engulfed the UK. As a result, riskier assets such as S&P 500, oil, the AUD, the NZD dropped.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.