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Tag: Crude Oil

blog new covid 19 variant 29 11 21
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New COVID-19 variant Rocks the Global Stock Markets, Bitcoin Recovers

Global stocks went down on Monday, U.S. equity futures went up, Bitcoin is on the rise, oil increased 4%, as investors are pondering the economic implications of Omicron, a new coronavirus strain, that put nations around the world on alert. Tightened border controls and other measures against the spreading of
fed inflation is temporary

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Fed: Inflation is Temporary; Dollar, Oil, Gold Down

The new trading week starts with a weaker U.S. dollar and investors uncertain about inflationary pressures being temporary. New lockdowns are being imposed all around Europe while oil is down. U.S. Dollar The U.S. dollar fell on Monday morning in Asia. It remained lower than its longer-than-a-year high. Investors are
blog interest rates & forex 20 9 21
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Interest Rates & Forex, Oil & Metals & Crypto Market News

Investors seem to have been encouraged by last week’s rise in US retail sales despite the spread of the coronavirus Delta variant and China’s housing crisis. US Treasuries and the US dollar rose. This week, traders will likely focus on the Fed Chairman’s speech on Friday for clues as to
blog market watch bitcoin 25 5 21

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Market Watch: Bitcoin, Indices, WTI Close Higher, Metals Decline

Yesterday, a new trading week started with cryptocurrencies exploring the upside and Bitcoin closing at almost $39,000, after the weekend’s intense volatility. The rise seems to be attributed to a tweet from Elon Musk stating that North American bitcoin miners had made a commitment to revealing data showing their use