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April 9, 2021
G-20 nearer to a deal on minimum corporate tax rate (SPY +0.5%). Big oil set to return to profit in 2021 and the WEI index improved again. The Market in Perspective Here are the headlines moving the markets. Big Oil Set To Return To Profit In 2021 Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a turbulent 2020. The three companies are profiting from increased oil demand and a rise in oil prices, giving analysts hope for a strong year in oil and gas. Shell an...
April 8, 2021
Oil prices slip on concerns about oil demand and rise in gasoline stocks (SPY +0.3%). Weekly jobless claims higher than expected by 16,000. Here is the current market situation from CNN Money European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively. What Is Moving the Markets Here are the headlines moving the markets. The U.S.-China Trade War Isnt Over Yet When former U.S. President Donald Trump ascende...