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Markets generally dislike uncertainty.
Yet, that doesn’t stop traders and investors from trying to price in what they think is likely to happen in their view.
Dollar downside halted as China Covid concerns deepen
The risk-off mood from the new surge in Covid infections in China saw a bid in the greenback. This offset the Fed speakers on the wires who were less hawkish than recent chatter.
US stock futures have perked up this morning on news that China will cut its quarantine time on foreign travellers. This comes as Wall Street pared gains after initially rising from stronger-than-expected US durable goods data.
Oil traders have been kept on their toes all day Thursday.
Markets had a lot of new information to digest, resulting in oil prices being whipped about over the past few hours.
The risk-off mood from the new surge in Covid infections in China saw a bid in the greenback. This offset the Fed speakers on the wires who were less ...
US Dollar
DXY
Covid-19
China
safe haven
Federal Reserve
rate hikes
inflation
Fed speak
FOMC
Crude Oil
OPEC+
Recession
US stock futures have perked up this morning on news that China will cut its quarantine time on foreign travellers. This comes as Wall Street pared ga...
Stocks
S&P 500
cfd on indices
Brent
Crude Oil
OPEC+
Russia-Ukraine war
Oil markets will be closely monitoring these events on this final day of March:
OPEC+ meeting
This alliance of 23 oil-producing...
Oil
Brent
Crude
OPEC+
US President Joe Biden
strategic reserves
Russia-Ukraine war
Ukraine crisis
inflation
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