Nancy parez Posted July 7, 2021 Share Posted July 7, 2021 Markets have stabilized and the dollar is holding onto its gains after weak US data and ahead of the FOMC Meeting Minutes. Oil and gold are off their highs despite bullish factors while cryptocurrencies are edging higher. US JOLTs job openings, EU Economic Forecasts and covid headlines are also eyed. The US dollar refused to retreat despite a substantial slide in bond yields. Returns on 10-year Treasuries fell to around 1.36% after the ISM Services Purchasing Managers' Index dropped to 60.1 in June, significantly more than expected. The only exception is USD/JPY which was dragged lower. on the other hand, WTI (futures on Nymex) bottomed after the beginning of the American session at $70.54, the lowest since June 18. It then rebounded, rising above $72.00, trimming losses. At the time of writing, the WTI drops 2.05% to 72.20$. The move higher took place amid a recovery in equity prices in Wall Street and also after the rally of the US dollar across the board eased. Market participants await the FOMC minutes from the June meeting. The document could trigger volatility in the currency market and also on energy assets. The jump to the highest since 2014 followed the lack of agreement in the OPEC+. Later, some profit-taking, a stronger US dollar, and concerns about the new COVID variant, delta pushed crude oil prices to the downside. Later on Wednesday, after the FOMC minutes, the American Petroleum Institute (API) will release its weekly crude stockpiles report. Link to comment Share on other sites More sharing options...
Melissahill Posted August 6, 2021 Share Posted August 6, 2021 Through expert analysis, charts and visuals, our expert market outlook can also help you discover opportunities across commodities and stocks in in European, US and Asian markets. Link to comment Share on other sites More sharing options...
Guest StewartKerr Posted August 13, 2021 Share Posted August 13, 2021 What is about oil stock? The oil prices are getting higher? Is it complicated for you? You can invest in some trading apps, and all will get better. But is essential to start trading correctly and to choose the right app. If you are a beginner, you should find some easy but good apps. I found some excellent apps on the best stock trading platform. There is all the information you need that you must know before starting trading. Yes, it could be complex and risky, but you will achieve a very high income if your steps are innovative. __________________________ the link: https://youngandtheinvested.com/best-free-stock-trading-apps/ Link to comment Share on other sites More sharing options...
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