Crude oil: WTI and the area of $40, can the romance last?
Over the last months, volatility across financial markets trended lower, as the CBOE Volatility Index (VIX) shows. The index is near the bottom of the COVID-19 crisis. Low volatility usually…
The Market ends the week with mixed sentiment
As always, context has been a game changer in stock movements. Coronavirus is still influencing trader sentiment and international markets since cases are on the rise in both the USA…
ECB aftermath: Rates and policy unchanged; EUR/USD resumes the upside
The European Central Bank decided to leave interest rates and most policy measures unchanged on today’s meeting according to a press release published by the bank and the post-meeting conference…
Apple wins the court battle with the EU for €13B; what does that mean?
A “political crap.” That’s what Apple CEO Tim Cook called the European Commission decision to order the Cupertino based company to pay 13 billion euros in taxes to Ireland back…
Gold holds above 1,800 and signals for another run
Gold is trading positive on Tuesday after holding the $1,800 level earlier in the day and reacting somehow positively to economic data. A mixed sentiment keeps the XAU/USD above that…
A V-Shape Recovery that is not that V in a Schizophrenic Market
The coronavirus spike in the United States has affected the new normality, and the positive impression with the V shaped economic recovery charts. On Thursday, Johns Hopkins University published the…
Why Gilead announcement on Remdesivir Matters for Market Sentiment
On the last day of the week, markets woke up with a game changer in the body of good news. Gilead Sciences reported that its drug remdesivir is able to…
AvaTrade launches one-click risk management tool AvaProtect
“Worried about losing on a position? AvaTrade has you covered.” In that way, CFD and Forex trading platform AvaTrade promoted its new brand risk management tool AvaProtect on its website.…
Walmart+ to Start on July – Another Chapter on the war Against Amazon
Walmart+ will be launched this month to begin the competitive race with Amazon Prime. The subscription will cost $98 a year and it will give access to delivery services such…
An ugly earnings season is expected, but what if it is not that bad?
With the end of June and the second quarter of 2020, companies are getting ready to publish their performance and earnings reports for the period between April and June. Almost…
