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Very short: WTI oil trades above $25 just after $20 in the morning!
Why? Two things: China's recovering economy is demanding oil, and Donald Trump is calling on Saudi Arabia and Russia to cut supply by 10mln bpd (no surprise Saudi Arabia calls for an emergency OPEC+ meeting now). Be careful and use the situation!
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.
The sentiment is indeed risk-on today! S&P 500 surged to the all-time high, and EUR/USD jumped to levels unseen since May of 2018. Let’s have a closer look.
The market sentiment is indeed risk-on today. Stocks, riskier currencies and gold are rising amid the waning US dollar.
The US Department of Justice thinks 87% a market share is too much for Google alone. The market thinks it's ok.
EU Flash Manufacturing & Services PMI will come out on Friday at 11:00 MT time!
Netflix stock price falls 5% on Tuesday. Why? Read the news.
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