Sentiment for the US Dollar continues to erode after the US President failed to provide market players with any kind of comfort or reassurance regarding the Coronavirus pandemic. In an Oval Office speech, Mr. Trump had little in the way of details on the US effort to combat the fallout […]
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Oil Markets Fall as Trump Restricts Trips From Europe – 12 March 2020
Oil markets fell yesterday, as Brent oil futures went down by 3.84 percent and Western Texas Intermediate oil futures lost 4.02 percent. As of late,, the United States President, Donald Trump announced that he was restricting travel from Europe to the United States for the next 30 days due to […]
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Dow Closes in Bear Territory – 12 March 2020
The Dow Jones Industrial Average crossed into bear territory on Wednesday, which is defined as falling 20 percent below its most recent high. The index eased 5.9 percent, erasing all of Tuesday’s gains and causing analysts to question whether the declines will continue now that this psychological barrier has been […]