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Market Talk – Thursday, May 28
May 28, 2020
The EIA report put into question whether oil demand has picked up in the US. A 7.9 million barrel build of crude oil was announced this week. However, the price of Brent and WTI were largely unaffected... Read More
from Blogs - TalkMarkets
Market Talk – Wednesday, May 27
May 27, 2020
Indian stocks were higher after the close on Wednesday, as gains in the banking, IT, and carbon sectors led shares higher. Read More
from Blogs - TalkMarkets
Market Talk – Tuesday, May 26
May 26, 2020
The Japanese government is looking to revive the tourism industry, a key driver of the economy that has been battered by the novel coronavirus pandemic, by paying for people to go on vacation in the... Read More
from Blogs - TalkMarkets
Market Talk – Thursday, May 21
May 21, 2020
The Bank of Canada is preparing for downward pressure on inflation once the economy reopens. The central bank’s current target is 2%. Read More
from Blogs - TalkMarkets
World Markets Update - Thursday, May 21
May 21, 2020
All eight indexes on our world watch list posted losses through May 21, 2020. The top performer is China's Shanghai with a loss of 5.97%. our own S&P 500 is in second with a loss of 8.74%. Read More
from Blogs - TalkMarkets
Market Talk – Wednesday, May 20
May 20, 2020
The EIA report gave a case for a bullish oil market today as it reported a draw of 5 million barrels for the week up to the 15th of May. Read More
from Blogs - TalkMarkets
Market Talk – Tuesday, May 19
May 19, 2020
Federal Reserve Chair Jerome Powell announced this Tuesday that the Fed will implement a new loan program for mid-sized businesses on June 1. Read More
from Blogs - TalkMarkets
In the case of the DAX 30, an essentially unabated climb off support has propelled the index through range resistance at 10,900 and may allow for subsequent probing of April’s peak around 11,348. Read More
from Blogs - TalkMarkets
Stocks are falling this morning, at least for now. They had been up sharply overnight but reversed lower. Read More
from Blogs - TalkMarkets
Market Talk – Monday, May 18
May 18, 2020
Federal Reserve Chairman Jerome Powell anticipates US GDP contracting by 20% to 30%, but does not anticipate a second Great Depression. Read More
from Blogs - TalkMarkets
FX Flat but Stocks, Oil and Gold Soar
May 18, 2020
It’s been nothing but risk on flow in Asian and early European trade today with equities and commodities sharply higher boosted by investor optimism that the world was returning back to business. Read More
from Blogs - TalkMarkets
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