Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Oil dropped on weak demand
Oil dropped on weak demand

Oil fell below $52.00 because investors expect a weaker oil demand amid rising Covid-19 infections and new lockdowns.

USD strength on risk off mood
USD strength on risk off mood

Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels

Cable takes another peek above 1.3700
Cable takes another peek above 1.3700

World shares gained on Wednesday on bets of hefty US spending after US Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about the debt later.

Should you buy Apple in 2021?
Should you buy Apple in 2021?

Revenue from IPhone sales dropped in 2020, but Apple focuses now more on its services, which will bring the company more benefits in 2021.

Biden’s presidency will boost Tesla
Biden’s presidency will boost Tesla

Good news for Tesla! The tech giant is going to benefit from Biden’s presidency as the new president stated the objective to make the USA the leader in electric vehicle production.

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