In the commodity market, oil prices are declining after the conclusion of a panel of OPEC+ ministers couldn’t reach consensus on whether to continue the production cuts after the deadline set for January 2021. The members left the matter to be discussed during a full meeting later today...
US stock futures are flashing red, but the main indexes are still set to finish the month with strong gains. At the time of writing, the futures on Dow Jones have declined by 0.70%, the S&P 500 has dropped 0.60%, and Nasdaq is down 0.25...
In the commodity market, oil prices are declining after a robust rally that sent futures to their highest levels since early March. WTI is down over 1.60% while Brent is down only 0.04%. Trading volume was low due to the Thanksgiving holiday in the US...
Global stocks are trading sideways near record highs, while the US stock market was closed on Thursday in observance of Thanksgiving Day. The New York Stock Exchange will close early on Friday...
In the commodity market, oil prices continue to rally after data from the US Energy Information Administration (EIA) suggested a draw of 754,000 barrels in crude supply last week, while analysts anticipated a build of 127,000 barrels. Both Brent and WTI have gained almost 0...
US equities retreated on Wednesday after three bullish sessions in a row that pushed the indexes to new records. Still, Nasdaq managed to close higher...
In the commodity market, oil prices continue to increase on the back of vaccine news and the presidential transition in the US. WTI is up 0.70%, and Brent has added 0.85% to trade above $45 and $48, respectively. Both brands are trading at their highest levels since March...
US equities continued the bullish stance on Tuesday, with the three indexes updating their record highs. Investors expect a rapid recovery next year after the rolling out of the COVID vaccines. Also, the transition of President-elect Joe Biden to the White House is boosting sentiment...
In the commodity market, oil prices have surged to the highest level since March, following the vaccines news and the US presidential transition. Both Brent and WTI have gained over 1.1%. Brent is now trading above $46.5...
In the commodity market, oil prices are extending gains as investors anticipate a recovery in crude demand thanks to the implementation of the COVID vaccines in the near future. Still, the renewed restrictions in several countries are forcing stronger resistance levels on crude prices...
US equities will likely open higher on Monday after a bearish end of the week. Futures on Dow Jones and the S&P 500 are up 0.30% as of Monday morning European time, even though the number of COVID infections continues to increase in the US and Europe...
In the commodity market, oil prices are moving sideways and might end the week at Monday levels. The crude prices were under pressure amid surging COVID cases and downbeat labor market data released by the US...
US equities partially recovered on Thursday, after tumbling over 1% in the previous session. Investors reacted positively to the new stimulus hopes, which offset the worries over tighter restrictions and layoffs related to the surging coronavirus infection rates...
In the commodity market, oil prices are retreating after hitting the highest level in two months. WTI has dropped 0.70%, and Brent has lost 0.38% on the back of demand worries amid new restrictions...
US equities tumbled on Wednesday, as investors focused on the surging number of COVID infections and the fresh lockdown measures reimposed in the US and Europe...
In the commodity market, oil prices are declining slightly after the American Petroleum Institute (API) reported a bigger-than-expected increase in US crude inventories, while disappointing retail sales data put additional pressure...
n the commodity market, oil prices continue the bullish stance amid vaccine hopes and expectations that OPEC+ will maintain the production cuts after January. Both Brent and WTI increased by more than half of a percent, trading at $41.57 and $44.11, respectively...
Wall Street extended gains on Monday, driven by reinforced vaccine optimism. After Pfizer caused the stock market to switch to value stocks and return close to its record high, now it’s time for biotech firm Moderna to give its contribution...
