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Americans' Optimism Fades In The Face Of Virus Resurgence

Americans Optimism Fades In The Face Of Virus Resurgence
this post authored by Felix Richter
After a couple of months of respite, when things were starting to look up and many Americans caught a glimpse of pre-pandemic life, COVID-19 is back on the front pages and on top of many people s minds. With cases rising and the vaccine rollout stalling, the U.S. is facing another wave of infections and many Americans are concerned about what the more contagious Delta variant means for them and their loved ones.
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Gold Prices Extend Higher amid Viral Resurgence, Falling Yields

Gold prices climbed to an 8-week high as viral resurgence in parts of the world dampened the growth prospect, sending yields lower. Rising demand for safety boosted the appealing of the precious me. ....

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Crude Oil Prices Fall on Rising Stockpiles and Viral Resurgence

Crude Oil Prices Fall on Rising Stockpiles and Viral Resurgence
of clients are net short.
Long
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of clients are net short.
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of clients are net short.
Long
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of clients are net short.
Long
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CRUDE OIL PRICE OUTLOOK:
Viral resurgence dented risk appetite, pulling oil prices from five-week highs
WTI has likely formed a “Double Top” pattern on the 4-hour chart, hinting at further losses
Crude oil prices extended lower during Wednesday’s APAC trading session amid a broad ‘risk-off’ mood. Viral resurgence in some of the world’s major oil importing countries, such as India and Japan, dented the prospect for energy demand. Crude oil prices fell from five-week highs. A worsening pandemic situation in thos ....

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U.S. Cases Hit Two-Week High; India in Crisis: Virus Update

U.S. Cases Hit Two-Week High; India in Crisis: Virus Update
Bloomberg
1 hr ago
Bloomberg News
© Bloomberg
A sign requiring protective face masks in Campus Martius in Detroit, Michigan, U.S., on Sunday, March 21, 2021. After seeing declines in Covid-19 case numbers and hospitalizations in January and February, Michigan s coronavirus curve is rocketing skyward yet again as restrictions have relaxed, the Detroit Free Press reports.
(Bloomberg)
Surging cases in the Midwest helped push the number of daily U.S. infections to their highest in more than two weeks as the nation’s vaccination push regains pace. A divided U.S. Supreme Court eased California’s curbs on at-home religious services. ....

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Crude Oil Prices Outlook: Iranian Nuclear Talks and Viral Resurgence in Focus

Crude Oil Prices Outlook: Iranian Nuclear Talks and Viral Resurgence in Focus
CRUDE OIL PRICE OUTLOOK:
The US and Iran are holding nuclear talks in Vienna on Tuesday, paving the way for potential lifting sanctions on Iranian oil exports
The chance for a deal to be struck any time soon remains thin, alleviating some pressure on prices
Climbing Covid-19 cases in the EU and the extension of a foreign travel ban in the UK dampened the energy demand outlook
Crude oil prices rebounded slightly during Tuesday’s APAC session as traders shrugged off fears about rising Iranian crude oil exports ahead of a nuclear talk held in Vienna. The meeting aims to bring both Iran and the US back to the 2015 nuclear accord, which was subsequently abandoned by former President Donald Trump. Strict economic sanctions, including limiting its oil exports, were imposed on the Middle Eastern country by the US since. Iran insists it can return to compliance to the nuclear deal only if ....

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