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.
Tag - oil
OPEC members haven’t been able to agree on oil output yesterday. The US dollar jumped ahead of the NFP report today.
Oil remains high after the OPEC+ failed to reach a deal. It's a bank holiday in the United States.
WTI oil pulled back after it surged above $52.00 for the first time since February. What's next?
Crude Oil began this week sharply lower after last week’s dramatic move due to OPEC+ drama which ended right before the opening bell of this week.
Moderna rocketed after an announcement that it is going to join the S&P 500 index. The New Zealand dollar surged after the nation’s inflation surpassed the central bank’s target level.
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading below the Kumo…
AUD/USD jumped after the meeting of the Reserve Bank of Australia. Oil (XBR/USD) took a blow on concerns about China. USD/CHF offers an idea and EUR/USD is still able to reach a specific level on the upside.
Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. Crude oil keeps rising.
Stock significantly surged: S&P 500 and Nasdaq reached 6-week highs. The market sentiment may deteriorate today as Johnson & Johnson’s Covid-19 vaccine trails have been stopped because of the unexplained illness.
S&P 500 takes a pause near the all-time high, while the US dollar remains at the lowest levels since 2018.
Financial giants such as JPMorgan and Goldman Sachs anticipate crude oil to skyrocket as high as $100 as the global economy rebounds.