Coinbase dropped by 6.5% in pre-hours trading today, after reporting that revenue and earnings came out slightly worse than expected. Gold is moving up to $1840. EUR/USD is attacking local highs.
Stocks especially tech ones dropped on Tuesday on concerns over inflation. Gold is viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.
Find out the key market movers for the upcoming week
What are the projections for the oil and gold prices? Let's discover that in the review for commodities.
What is better to trade on the week of May 10-14?
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The oil prices keep moving within an uptrend, while the stock market reaches new highs amid the earnings season…
The oil cartel completed its teleconference on Tuesday. WTI spiked above $63.
OPEC+ moved its meeting to today to hold a teleconference; that meeting will define the course of WTI oil price in the mid-term and shed light on the outlook for the global oil demand.
OPEC-JMMC is holding a meeting on April 28 all day long.
EUR/USD formed a bearish pattern on the daily chart. J&J shoot up. Watch the video to learn more about the trading opportunities for April 21!
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