DOW JONES AND S&P 500 FUTURES RISE AHEAD OF FOMC DECISION American futures pointed higher as investors reflected on the latest quarterly results by some of the biggest companies in the United States. Futures tied to the Dow Jones,...
CRUDE OIL PRICE RETREATS AHEAD OF KEY OPEC+ MEETING US stocks rallied as the market continued to reflect on the hawkish statement by Jerome Powell. In his testimony on Wednesday, the Fed chair hinted that the bank would move...
OIL BOUNCES BACK AS THE US RELEASE RESERVES The price of crude oil rose in the overnight session even as Joe Biden moved to release strategic oil reserves. Brent jumped by more than 2% to $81.39 as investors reflected...
STERLING REBOUNDS AHEAD OF THE BOE INTEREST RATE DECISION The US dollar retreated while stocks wavered after the Federal Reserve delivered its interest rate decision. As was widely expected, the bank decided to leave its interest rate unchanged at...
CRUDE OIL PRICE RALLIES TO 7-YEAR HIGH AFTER OPEC+ MEETING The price of crude oil jumped sharply in the overnight session after the latest OPEC+ meeting. Brent, the global benchmark, rose to a seven-year high of $81.71 while the...
EURUSD V-SHAPED RECOVERY ACCELERATES AHEAD OF US TRADE DATA The EURUSD bullish momentum accelerated in the overnight session as the US dollar declined. The pair rose after weak private payrolls numbers from the United States. Data published by ADP...
NASDAQ AND S&P SOARS AS TRAVEL AND ENERGY STOCKS ROAR US stocks rose to a record high as energy and hospitality industries rallied. The S&P 500 index rose to a record $4,486 while the tech-heavy index rose to $1,019....
CRUDE OIL PRICE SPIKES AFTER A FIRE AT MEXICO’S PEMEX FACILITY The price of crude oil continued its recovery after a major fire in a Pemex-owned facility. The fire, in Mexico, left 5 people dead and more than 420,000...
