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Global markets, US futures whipsaw on optimism of easing lockdowns vs new viral wave Oil drops after its first double weekly gain since February Key EventsEarly Monday, US contracts for the...
Storage vs demand—which will win? So far, it looks like it’s storage that will determine the direction for oil prices in the near term. Optimism that U.S. states coming out of...
Despite record US jobs lost, and unprecedented unemployment rate, equities rally Oil sees first back-to-back weekly gain in 11 weeks Contradictory and potential pattern failures project market out of...
Stock investors pinned their hopes on the US reopening and a quick recovery once the coronavirus pandemic is contained, driving US markets higher during last week's trade, ignoring bad economic data...
The lockdowns may be over, but not for orange juice.Already America’s favorite breakfast staple along with eggs, bread and ham, orange juice won new love from commodity investors through the...
After COVID-19 crushed investor sentiment in March, only a few stocks have been able to regain any of their past glory. Faux-meat maker, Beyond Meat (NASDAQ:BYND) is one of them. The stock has surged...
Bitcoin is rising for the third straight day. That's impressive considering the current lack of consistency among all asset classes.Perhaps even more impressive are the cryptocurrency's recent moves:...
China exports beat expectations As a result, U.S. futures and European shares rise, but not Asian indices NFP expected to report a 22 million loss of jobs on Friday Key EventsUS futures for the Dow...
The $2 handle—the all-season minimum for natural gas futures through most of the past decade—continues to be a slippery eel for the market this year.Even before the advent of the novel...
At a time when many top rated companies are slashing their dividends in order to survive the economic menace of the COVID-19 pandemic, investors who have their savings tied up in fixed income stocks...
US futures are on the rise at time of writing, promising another day of rallies for the underlying indices when Wall Street opens later on Wednesday. When this occurs, it would be the third straight...
Yesterday’s Fed warnings failed to deter investors in the face of a return to business The recent oil crash, followed by its forceful rally, demonstrates structural problems seen across all...
States across the U.S. are beginning to gradually reopen businesses after sweeping lockdowns due to the coronavirus pandemic brought the economy to a virtual standstill.California Governor Gavin...
“Adding fuel to the fire.” We’ve all heard the phrase and used it at one time or another. Morgan Stanley, one of Wall Street’s most influential voices in energy trading,...
When a CEO thinks that his company’s share price is too high, that's a red flag that business fundamentals won’t be able to support the market's inflated valuation. In all likelihood,...
Yesterday was May the Fourth, the traditional release date of Star War films. But even when there's no new release pending—as was the case yesterday—fans refer to the date as Star Wars...
Risk-appetite returns after California and European economies begin reopening plans on falling coronavirus deaths Oil jumps above $22 on production cuts and reopening economy hopes Key EventsUS...