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.
Investors were shocked by the fact that a $20 billion wave of block trades hit markets on Friday, reportedly linked to investment fund Archegos Capital.
Oil is edging higher due to the overall risk-on sentiment and a weaker US dollar. Jump in to get the tech tips!
The US inflation will come out today at 15:30 GMT+3. Traders can’t wait to see the numbers as they will impact all the pairs with the USD!
The Bank of England was more dovish than expected and pressed down GBP/USD to 1.3900.
The main events of the week are Non-Farm Payrolls (NFP) on Friday and the OPEC meeting on Thursday. Watch the video to get the fresh outlook for currencies, stocks, & commodities for the June 28- July 02 trading week!
Much impactful news will come out! Read the article to get fresh trade ideas for the whole week!
We will remember the past week for the surge in the US inflation and the soothing comments of the Federal Reserve’s Chair Jerome Powell…
What happened? Brent returned to the rising channel on Wednesday by gaining 4% during the trading session…
EUR/USD retraced to 1.1870 after breaking out this level. It should be just a natural sell-off ahead of the further rally up.