<h2><span>Daily Market Outlook, April 21, 2020 </span></h2> <p><b>The Asian market is down this morning following declines on Wall Street yesterday. </b></p> <p><b>A historic day of trading in the oil market saw the West Texas Intermediate price (to deliver in about a week’s time) drop bel
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Tickmill’s Investing Diva, GBPJPY Daily Outlook 21-04-20
<p>GBPJPY Daily Outlook – U.S. oil futures plunged below zero for the first time on Monday as concerns that U.S. crude storage will soon be full. Also on Monday, China cut its benchmark lending rate as expected, we found out that Canadian home prices climbed in March, China’s fiscal revenue tumbled 26.1% in March, and […]
US oil price below zero for first time in history! What’s next?
<p> 2020 has been the year of historic events gripping the financial markets. None more so than the crash in US oil which traded below zero for the first time in history on 20 April, recording a 321% drop in WTI (West Texas Intermediate) crude oil May futures contract. With the crude oil market officially […]
22 Million Initial Jobless Claims, yet Amazon with new all-time highs?
<p><a href="https://admiralmarkets.com/analytics/traders-blog/amazon-all-time-highs-jobless-claims"><img data-resize="auto" data-resize="auto" data-resize="auto" style="width:auto;" data-src="https://fxmedia.s3.amazonaws.com/articles/remote/4bfb213c5a0212d596957e0747bdb23a.jpeg&q
First time in history: oil price went negative
CRUIDE OIL FUTURES below zero Analysis, fundamental preconditions, possible scenario We witnessed a historic event yesterday no one could imagine – the WTI oil price dropped below zero. It means producers paid buyers to take oil off their hands. Just imagine: you go shopping, you take your goods and the seller pays you for that! […]
Oil got into trouble
One can get into history or trouble. Oil is in trouble These are extraordinary times we live in! If in the 20th century, someone had said that the central banks’ interest rates and oil prices could fall into the negative area, he or she would have been laughed at. At the end of the second […]
Analysis for oil, gold, and EUR/USD for 21.04.2020
USCrude – oil Oil is trading in the middle-term downtrend. Sellers were breaking through the local lows, hitting fresh all-time lows yesterday. The price, however, hasn’t been yet consolidated below Target Zone 2 [17.69 – 17.13]. If the US session closes below 17.13 today, the next downside target will be in Target Zone 3 [12.09 […]
Dollar got some news from oil
Oil is drawing the greenback and the US stocks apart Everybody is talking about the V-shaped recovery. That is the trajectory being followed by the US stock market, and the global economy together with oil prices are expected to be moving this way. The oil market situation has been extraordinary, and the WTI even dived […]
Ripple Sues YouTube for Growing ‘Scams and False Impersonations’
YouTube recently crackdown on some established crypto content creators, taking down their videos.
Malta Regulator MFSA Warns of Unlicensed Exchange UMarkets
The entity claims to be an online trading broker, which offers FX, commodities, CFDs and indices