Oil prices raised their gains by about 2% in trading today, Tuesday, with US crude rising near $ 80, as investors regained some of their appetite for risk, in conjunction with the continued struggle by some oil producers to increase…
Continue ReadingFutures in the United States are higher ahead of Powell's speech. US stock futures rose on Tuesday, led by a rebound in technology firms, as traders awaited Federal Reserve Chair Jerome Powell's address. Futures on the Dow Jones Industrial Average…
Continue ReadingLucid (NASDAQ: LCID) stock is trading in the opening market, today, Monday, down 3.79%, to reach the level of $41.98 . The stock was up nearly 10% on Friday, as the electric car maker rebounded for a second session after…
Continue ReadingEUR/USD falls down below 1.1300, returning to pre-NFP levels. On Monday, the EUR/USD reverted to, or even slightly below, its pre-US labor market data levels, where it traded last Friday, and has recently slipped below the 1.1300 handle. To summarize,…
Continue ReadingNonfarm payrolls in the United States increased much less than expected in December, while the unemployment rate fell. The December employment data showed a 199,000 gain in nonfarm payrolls, significantly behind the 450,000 jobs growth projected in a Bloomberg survey,…
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