A Week That Experienced a Retu
The week began on a positive note with the major indices rising significantly, suggesting investor optimism over the economy reopening.
Surprising Jobs Report Gives W
The reopening economy fueled hopes of the economy rebounding. Despite the simmering US-China tensions and the continuing cases of Covid-19, the markets displayed signs of investor optimism. A big contributor to this optimism was the jobs report that
The Optimism of Reopening the
This was a week punctuated by various factors such as the US-China tensions, Trump’s war on social media, the latest jobless claims figures, and much more. But, the reopening of business activities in the country made investors optimistic; resulting
US-China Tensions Add Gloom as
The penultimate week of May was a mixed one, but an encouraging one for oil. With crude inventories reportedly reducing, oil prices rose. There was widespread hope of an economic recovery as many states reopened. However, the disappointing jobs repor
Fluctuating Oil Prices and Gri
Despite some gloomy news in terms of the economy, earnings and unemployment rate, we saw the major indexes moving forward by the end of last week. Factors contributing to this were the favorable fiscal and monetary policies of the government targetin
US Economic Calendar for the W
U.S. economic calendar 18th to 22nd May, 2020 from Tradezero: Your destination for Free Online Trading
Is this a good time to invest
The U.S. oil market of 2020 has been like few other times in history. The Covid-19 lockdown caused demand for oil to sink rapidly as demand for oil evaporated. Even if the global economy recovers now, it would take months for the unused oil locked up