Bulls keep control of crude oil prices
Crude oil prices continue to strengthen with Brent first nearby prices trading as high as $109/b yesterday, buoyed by expectations of an easing monetary policy in…
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!