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  1. Where Is Crude Oil Headed..

    by , 10-05-2020 at 12:48 PM
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    Last week's economic data came out mixed but did push stocks higher. With COVID-19 cases on the rise, including in the White House, this next week's performance will set the stage for the rest of the month.

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  2. Dow Jones Industrial Average: ranging for the daily bullish reversal

    by , 07-03-2020 at 01:40 PM
    The Dow Jones Industrial Average was up 0.4%, over 100 points, on Thursday, while the S&P 500 rose 0.4% and the tech-heavy Nasdaq Composite gained 0.5%.

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    Stocks jumped after a bigger-than-expected increase in jobs last month: The Labor Department reported that 4.8 million jobs were added in June—more than the 2.9 million expected.

    The unemployment rate fell to 11.1%, down from 13.3% in May. The jobs data for June was collected ...
  3. OPEC+ Surprises Oil Market With Bullish Trend To Be Started

    by , 12-07-2019 at 03:23 PM
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    Succumbing to market pressure, crude producers' group OPEC and its 10 non-OPEC allies intervened to deepen their ongoing output cuts of 1.2 million barrels per day (bpd) by another 500,000 bpd on Friday (December 6) following the conclusion of their meeting of ministers in Vienna, Austria. In a surprise for the market, OPEC revealed that bulk of the burden will largely fall on Saudi Arabia's shoulders, with the kingdom announcing it would cut "voluntarily" ...
  4. Soft Brexit And The EU Elections

    by , 05-29-2019 at 09:46 AM
    Forward-looking highlights from GeoQuant's high-frequency political risk intelligence platform.

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    The UK’s EU election results gave Remain sentiment a clear victory (40.4%) over hard Brexit advocates (34.9%), despite the Brexit Party’s plurality win. While this outcome raises prospects for derailing Brexit, the Conservative Party still controls parliament and remains broadly pro-Brexit, more at odds over form than outcome. The election result ...
  5. GDP Growth Was Weaker Than Expected

    by , 03-29-2019 at 02:32 PM
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    The Bureau of Economic Analysis decreased December quarter’s GDP growth estimate from 2.6% to 2.2%. The GDP’s growth rate has now declined 200 basis points from 4.2% in the June quarter.

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