Jobless claims worse than expected as pandemic-related filings surge (SPY +0.2%). DOW records new historic high then slips to the unchanged line.
Here is the current market situation from CNN Money
North and South American markets are mixed today. The Bovespa is up 1.09% while the S&P 500 gains 0.18%. The IPC is off 0.46%.
What Is Moving the Markets
Here are the headlines moving the markets.
IEA: OPEC+ To Further Ease Cuts Amid Quickly Drawing Oil Stocks While the oil market rebalancing looks fragile in the first quarter of 2021, global oil stocks are expected to rapidly draw down in the second half of this year as demand rises, setting the stage for OPEC+ to ease production cuts even if higher prices tempt producers from outside the group to boost output, the International Energy Agency (IEA) said on Thursday. This year, world oil demand is expected to grow by 5.4 million barrels per day (bpd) compared to 2020, the agency said in its closely-watched Oil Market Report for F
IEA: Demand for crude oil to drop 8.8M bpd in 2020
15 Aralık 2020 Salı 12:55
The International Energy Agency (IEA) published on Tuesday its Oil Market Report for December, forecasting that the world oil demand will annually decline by 8.8 million barrels per day (bpd) in 2020.
The International Energy Agency (IEA) published on Tuesday its Oil
Market Report for December, forecasting that the world oil demand will annually decline by 8.8 million barrels per day (bpd) in 2020. At the same time, the demand forecast for the next year was reduced down due to another downgrade for jet fuel and kerosene demand. The understandable euphoria around the start of vaccination programs partly explains higher prices but it will be several months before we reach a critical mass of vaccinated, economically active people and thus see an impact on oil demand. In the meantime, the end of the year holiday season will soon be upon us with the risk of another surge in Covid-19 cases and the possi