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Market News
US Stocks Market The Week Ahead
08 Mar 2021 16:07:38With fourthquarter earnings season in the rearview mirror we are looking into the coming economic data and companies events this week.The economic highlights of the week will be a pair of inflation measures from the Bureau of Labor Statistics. The...
Every $1 Trillion Of Stimulus Will Add $4-$5 To EPS, Sentiment And Rising Yield Are Lifting The USD Which In Turn Put Pressure On Gold
08 Mar 2021 15:26:21The U.S. President Joe Bidens $1.9 trillion stimulus package on the weekend helped sentiment but had long been anticipated. Ironically too it helped to urge on the recent spiking of bond yields which put pressure on stocks.With the Senates passage...
Oil Price Up After Attack At The Heart Of Saudi Arabia Oil Industry, More Upside Expected
08 Mar 2021 14:10:34US West Texas Intermediate (WTI) crude for April rose $1.60 or 2.4 percent to $67.69. The April WTI price touched $67.98 a barrel earlier the highest since October 2018.Yemens Houthi forces fired drones and missiles at the heart of Saudi...
Oil Up, Breaking the $70 mark, in Wake of Attack on Critical Saudi Facility
08 Mar 2021 13:37:00Oil was up Monday morning in Asia with a reported attack on Saudi Arabia oil facilities giving the black liquid a boost. Brent futures remained above the $70 mark that was reached for the first time since the start of...
Gold Up, Regains Shine Thanks to Softer Dollar, U.S. Stimulus
08 Mar 2021 13:32:08Gold was up on Monday morning in Asia bouncing back from the ninemonth low hit during the previous session over a softer dollar.The U.S. Senates passage of a $1.9 trillion stimulus package also boosted the bullions appeal as a hedge against...
Market Recomendation
fundamental News - SP500
08 Mar 2021S&P 500 Index futures closed higher on Friday reversing a threeday setback as government data showing fasterthanexpected monthly jobs growth reinforced bets on an economic rebound driven by massive fiscal...
fundamental News - DJI5R
08 Mar 2021Dow futures rose on Sunday evening as Asian shares rallied on Monday while the dollar held near threemonth peaks after the U.S. Senate passage of the stimulus bill and a...
fundamental News - XAUUSD
08 Mar 2021Gold begins early AsiaPacific session on Monday trading on a frontfoot while crossing the $1700 threshold currently around $1710. Gold latest up moves come as the US Senates coming closer...