Oil prices surge high, as giant container ship blocks Suez Canal
At the time of writing this report, Brent crude rallied by 1.8%, to trade at $63.04 a barrel after losing ...
Tag: Chief Global Market Strategist
Gold prices get some relief amid rising U.S dollar
The precious metal rallied higher at the mid-week trading session as buyers got assurance from the U.S. Federal Reserve.
Attractive yields expected to weigh on Nigerian & U.S stocks
Nigerian investors are significantly hunting for consistent returns on investment thus increasingly selling off their equity portfolios.
Oil prices drop below $65 a barrel on resurging COVID-19
Oil traders are arbitrarily going short, on signs of more COVID-19 lockdowns in Europe.
JP Morgan, Wells Fargo, Goldman Sachs settle lower in unison following Fed’s decision
The 10-year Treasury yield reversed higher before consolidating at 1.73%, as it stayed around its 14-month high.
Oil prices on a fifth day losing streak over weak energy consumption
Brent crude futures were down by more than 0.6% to trade at $67.50 a barrel after losing 0.6% yesterday.
Oil traders slow down buying efforts on fears of Europe’s energy demand
Brent crude futures were also down by 0.2%, to trade at $68.29 a barrel.
Oil drops as Europe suspends COVID-19 vaccine usage over possible side effects
Oil traders anticipate such delays in COVID-19 usage could adversely affect energy demand.
Bitcoin loses $7,000, pigs on rampage
For many retail cryptocurrency traders, Bitcoin was the bread-and-butter trade of the pandemic.
Oil prices rally high on improved energy demand outlook
Brent crude futures jumped by 1.17% to $69.99 a barrel and the West African Texas Intermediate surged by 1.17% to ...