Brent price nears $73/b
Crude oil prices hit a low yesterday ($71.51/bbl for Brent) after Saudi Arabia cut the price of its exports to Asian customers. Then, they recovered…
Markets are pausing, weighing prospects of stronger fiscal stimulus in the US against the acceleration of the spread of the pandemic, especially in Europe, where lockdown measures are being reinforced and extended. Some Fed officials also calmed down talks about a reduction in bond purchases as soon as this year, therefore helping to stop both the bond yields and the USD ascent. The EUR/USD is trading above 1.22. Donald Trump denied having done anything wrong last week, but should be impeached a second time.
Get more analysis and data with our Premium subscription
Ask for a free trial here
We will get back in touch with you soon.
Don’t forget to follow us on twitter!