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...
In the commodity market, oil prices are bullish at the start of the week, recovering some of the previous losses. Crude prices are increasing on hopes that OPEC+ would maintain current production cuts...
Futures on Wall Street’s three main indexes continue to ascend after equities gained over 1% on Friday. The stock market showed a mixed performance last week, as focus oscillated between the vaccine news and the surging number of COVID infections...
At the time of writing, China’s Shanghai Composite is down 1.32%, and the Shenzhen Component has lost 0.88...
In the commodity market, oil prices are declining but are set to end the week higher. WTI slumped by almost 1.5% to $40.53, and Brent fell 1.10% to $43. Crude prices are under pressure amid fears of a slow economic recovery and weakening demand caused by the resurgence of the pandemic...
US equities tumbled on Thursday as investors focused on the accelerating number of COVID infections after an oversaturated optimism surrounding the coronavirus vaccine candidate produced by Pfizer and BieNTech...
In the commodity market, oil prices are also surging following Biden’s victory, after tumbling about 4% on Friday. Both WTI and Brent are up about 2.8%, trading at over $38 and $40.50, respectively. Crude prices are also benefiting from a weakening dollar...
