Currencies
Having fallen out of an uptrend in place from September last week, the British currency is now testing its closely-watched 100-day moving average against the U.S. dollar.
Oil
Meanwhile, international oil benchmark Brent crude was trading 0.49 per cent higher at $63.59 per barrel. Naturally, energy stocks, beneficiaries of higher oil prices, have seen the strongest upward revisions.
United States
While the US markets closed weak overnight, most Asian markets are up almost 1 per cent in early trade on Tuesday. , transferring private losses to the public via Fed bailouts, lines of credit, backstops, etc. The Fed’s continued accommodative stance and better-than-expected Q1 earnings should fuel continued strength. He is a Wall Street veteran with extensive experience in multiple areas of investing and finance. He is a Wall Street veteran with extensive … more Tom Hutchinson is the Chief Analyst of Cabot Dividend Investor.
because the Fed has our back.
because the Fed has our back.
Europe
A common vaccine policy is called for, the battle to replace Angela Merkel has heated up even more and the semiconductor industry remains keenly in focus.
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