Rates as of 04:00 GMT Market Recap Collapse of WTI! The near contract (May) for West Texas Intermediate (WTI), the US benchmark crude, plunged some $4.43…
Markets are on a rather aggressive risk-on mood today after an experimental drug used to treat COVID-19 showed promising results. Remdesivir – a drug developed by…
Rates as of 04:00 GMT Market Recap Yesterday’s US data was uniformly miserable, yet US stocks managed to close slightly higher (+0.6%) and Asian stocks are…
The oil market has been beaten down by a price war with Russia and Saudi Arabia fighting the US. As the output has not been reduced…
As US markets continue to seesaw on hopes and fears over the direction that the coronavirus pandemic is taking. A peak, much less a curb seems…
Rates as of 04:00 GMT Market Recap The US stock market opened with euphoria yesterday on reports that the number of new virus cases in various…
EU stock markets opened sharply higher this morning as investors hope that the region could be seeing a plateau in the coronavirus outbreak very soon. It…
Rates as of 04:00 GMT Market Recap It’s risk on as investors believe that the rate of infection worldwide shows signs of slowing! Italy reported the…
European markets are being buoyed by positive news from the four worst-hit EU countries showing the rate of new coronavirus infections and deaths is slowing on…
Rates as of 04:00 GMT Market Recap Oil is at the forefront of markets today – Brent is up 15.6% and WTI up 13.1% from Friday…
