Last week, major global indices declined as a historical drop in oil prices sparked market volatility. Oil prices closed -$37 on Monday. Intuitively, the negative sign for each barrel of oil may not make sense – this is due to future market. Oil prices are usually referenced by the future contracts, that clarify the term …
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Last week, stocks advanced for the second week in a row. Economic data released for the month of March was extremely weak across the board, amid the pandemic and sudden economic stop. However, investors cheered the massive fiscal and monetary stimulus meant to offset the impact of the pandemic and the announcements that governments are …
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The strangest Easter! Last week major global stocks rallied in a holiday shortened week, with S&P 500 recording its biggest weekly gain in 45 years. Courtesy to virus growth rate's slowdown in Italy and Spain, along with fewer hospitalisations in New York, which raised hopes among investors that the worst of this outbreak might be …
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Worst quarter on record! Stocks declined last week amid soft economic data and the extension of social distancing. In U.S., consumer confidence cooled, not collapsed, while 10 million Americans were filing for unemployment benefits only in the last two weeks – in 2008 crisis it took 28 weeks to reach such a figure....
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