Tag: oil price

daily market analysis
February 15, 2021 BY Steffy Bogdanova

Daily market commentary: Optimism about the vaccine roll out is ensuring markets remain in “risk on” mode

OIL Optimism about the vaccine roll out is ensuring markets remain in “risk on” mode. This, in conjunction with the huge liquidity injected by central banks, is pulling up stock markets. This positivity is also impacting oil, with both the main benchmarks recently climbing to their highest in 12 months, including WTI breaking through the…

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daily market analysis
February 11, 2021 BY Steffy Bogdanova

Daily market commentary: investors continue to digest disappointing inflation figures from the US

EUROPEAN SHARES  European shares fluctuated on Thursday, following a slightly positive Asian session on lower volumes than usual, as investors continue to digest disappointing inflation figures from the US. However, despite this short-term pause, there is nothing threatening from a technical point of view. Most benchmarks are still trading above strong support levels with no…

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daily market analysis
February 04, 2021 BY Steffy Bogdanova

Daily market commentary: the US dollar continues to gain ground

GOLD Gold is extending its loss in the general risk on scenario with investors betting on riskier assets, trying to achieve quicker gains. Moreover, the US Dollar is continuing to recover, and this is causing the bullion price to decline. Growing expectations about a relatively quick end to the pandemic are raising hopes on the…

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