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The price of Oil will remain volatile until OPEC can agree on output

There are several fundamental pressures causing volatility in the price of Crude Oil and the price of related equities. The price of WTI, Brent, Heating Oil and stocks in Oil and Gas companies are worth keeping an eye on over...

GBPUSD reaches 12-month highs

The GBPUSD rallied to 1.3497, the highest it has been since 2019. This is shy of that healthy psychological resistance level of 1.35. Strong dollar weakness, alongside risk on consensus, has compounded to push the pound higher....

Stocks reach all-time highs

Stocks reach all-time highs on vaccine optimism. The NASDAQ 100 and the S&P 500 are up 1.75% and 1.39%, respectively, with financials, utilities, and communication services being the largest gainers. The Dow Jones is also up around 1$ - however,...

Bitcoin – $60,000 and beyond?

There's a saying the markets have adopted over time: "Buy the rumor, sell the news." And the cryptocurrency market is no exception. Bitcoin has recently propelled itself to $18,000 – with minimal coverage on the news if we compared its...

Stock of the week: Pinterest

Have you been suffering from the quarantine blues? Have you been forced to work at home? Have the kids been bothering you more now that you’re at home? Chances are then, you’ve thought of customizing your house/workspace to deal with...

Equity Markets fall on dragging stimulus talks

Stimulus, or lack of, has been the talk of the markets recently. The main indexes are showing its most substantial decline since the start of September. Dow Jones, the worst performer of the US session, is down around 3.2%. At...

Private payrolls drop by 20.2 million in April

Coronavirus induced job losses continue to wreak havoc in the United States as private payrolls drop more than 20.2 million in April according to a report from ADP. This has surpassed the record for drops in private payrolls set by...

Oil’s winning streak

Oil's winning streak has given traders and investors alike a glimmer of hope. West Texas Intermediate and Brent Crude, the United States, and International proxy for oil prices have been ranging around $25.20 and $31, respectively. Furthermore, it was just...
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