Investors keen on the Fed minutes on Wednesday at 13:00 CT The E-mini Nasdaq (NQ) futures is up 23% from the June 16 lows Bulls seem to be in control, with $14, 200 as the target Since the Nasdaq made its lows on June 16th, we have seen a strong move to the upside with Read More…
Uncategorized
Crude Oil Futures (CL) Plunge amid a Firm USD, Economic Woes
Crude oil futures (CL) falls amid a firm USD and China’s lockdown. The EU’s embargo on Russian oil is delayed amid exceptions requested by Eastern European countries. Technically, the price of CL remains supported above $100.29 support. The price of crude oil futures (CL) dropped more than 1% on Tuesday, extending its losses from the Read More…
Economies Rebound As Countries Ease their COVID-19 Lockdown Measures
Economies that take the primary steps to ease COVID-19 lockdown measures are beginning to record significant improvements in suppressing the virus. This gradually leads to economic recoveries. Also, it is an indication that the second upsurge of the coronavirus infections is unlikely to occur. The initial phases of recovery from the COVID-19 recession are comparatively Read More…