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U.S. Indices: 2021 Started Off Shaky

On Monday, after its reports for the last days of 2020, the New York Stock Exchange began 2021 in a difficult way. In spite of the vaccine race, the coronavirus outbreak appears to escalate in the USA and Europe. In Europe, England reported a complete refinancing period of 6 weeks on Monday. In addition, investors are looking to Georgia, where two Senate elections are being held on Tuesday, which will determine the political picture of the U.S. Senate. For both seats, a Democratic win will bring the upper house into the Democratic camp, a situation that is seen as unwelcomed
Equity News

Oil Prices Rose Even In Presence Of Adverse Factors

On Tuesday 15 December, in the face of strengthening restrictive measures in a number of Western countries, oil gained about 1.1 percent in price. Moreover the news of continued growth in the production of oil in Libya puts pressure on the prices. The weakening of the OPEC global oil demand forecast by 350 thousand barrels per day in 2021 is also worth remembering. At close, crude futures from February Brent traded up by 0.93 percent at $50.26, while crude futures from January WTI were up 1.3 percent at $47.62. Furthermore the Libyan national oil company NOC announced on Monday a
Market Activity

U.S. Markets Advantageous Of Vaccine News This Month, Stocks Of Vaccine Makers Jumped On Wednesday

This month, markets have benefited from many comfort factors, beginning with the positive outcomes of many coronavirus vaccine trials, but also the approval by Donald Trump of the presidential transition, or the insistent reports of former Fed boss Janet Yellen as head of Joe Biden’s Treasury Department. But, it is necessary for this appointment to must be confirmed by the Senate, which should remain under the jurisdiction of the Republicans. As an ex Fed boos, monetary policy of Ms. Yellen remained appreciated by the markets. And now the financial sector has been viewing her appointment as Treasury Secretary as well

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