Oil prices are moving down for a second day on concerning COVID data both from the US and Asia. The US saw number of new daily cases rise above 60k for second straight day and there’s also a spike in cases in Tokyo and Australia. Investors are afraid that this will have some restrictions reimposed and that would affect oil demand. OIL.WTI was consolidating just above $40 after an impressive rally but is now moving clearly lower.
Due to Independence Day, the US stock market remained closed today. Concerns about the future of tariff negotiations led to declines in US index...
18:56US indices hit new highs yesterday. Today's lack of trading sessions is causing a slight correction in futures contracts, although it's hard to...
13:48European markets record sharp declines, as investors’ anxiety grows ahead of the looming tariff negotiation deadline. Donald Trump’s pledge...
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