While U.S. banks passed their stress tests, oil traders may not. Caution is weighing on market sentiment and offsets all the good news about faster than expected oil demand recovery.
U.S. benchmarks are unchanged ahead of the bell after grinding out a strong close yesterday. The S&P 500 index traded to a new low overnight, ahead of Thursday’s session, and held the retest at the open.
Each day Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious metals and base metal markets.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Just when you thought it was safe to go back in the water, Covid-19 concerns again are weighing on market sentiment and hurting prices for oil and products.
Each day Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious metals and base metal markets.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
After a soft finish yesterday, selling pressure kicked in on the European open due to reports the White House is considering additional tariffs on the E.U. and U.K.
