OPEC members haven’t been able to agree on oil output yesterday. The US dollar jumped ahead of the NFP report today.
Tag - oil
Cathie Wood’s Ark Invest filed for the creation of a Bitcoin ETF. Apple and Amazon jumped and airlines and cruise operators dropped as the reflation trade waned.
US500 (S&P 500) had the best week since February as concerns that the Federal Reserve will raise rates eased. The most impressive gains were shown by Nike and Virgin Galactic. Brent oil is trading near $75.
The main events of the week are Non-Farm Payrolls (NFP) and the OPEC meeting. Jump in and get fresh trade ideas for the whole week!
The Bank of England was more dovish than expected and pressed down GBP/USD to 1.3900.
Microsoft joined Apple in the $2 trillion dollar club! Follow PMI reports from the US, UK, and EU throughout the day!
Optimistic forecasts on oil prices, nuclear talks with Iran, and upcoming OPEC+ meeting. How to trade oil these days?
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 market sentiment is risk-on on Tuesday. The US dollar dipped, while risky assets are rallying up. Jump in to get fresh trade ideas!
Oil is edging higher due to the overall risk-on sentiment and a weaker US dollar. Jump in to get the tech tips!
What's moving markets on Friday? Read in the fresh report!
What is better to trade on the week of May 10-14?