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Tag - oil
US President Joe Biden is expected to unveil a huge infrastructure package today, which will add fresh volatility to markets. Read to get fresh trade ideas!
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 plunged after the ship blocking the Suez Canal was partially re-floated. A $20 billion wave of block trades hit markets on Friday.
The US dollar is heading for the best week in three. The market sentiment is mixed as optimism about the global economic recovery was outshined by increasing tensions between the West and China.
Rising yields, potential US tax hikes, and inflation fears worry investors. As a result, the market sentiment is risk-off. Stocks are falling, while the USD and the JPY are edging higher.
The Turkish lira hugely dropped today, which pushed USD/TRY up to highs unseen since November 2020.
The Turkish lira hugely dropped today, which pushed USD/TRY up to highs unseen since November 2020. Oil started recovering its losses after the worst week since October.
OPEC+ shocked investors last week with its decision to prolong output cuts, whcih sent oil soaring. The question is when oil will fall?
The US is set to deliver $1.9 trillion stimulus. Nasdaq retreated after Monday’s deep slump. Oil dropped because of an attack on the crude terminal in Saudi Arabia.
Wow! There are so many events happening right now in the Forex market. Jump in to know!
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.