Weekly Review - 10 million barrels per day Oil cuts | April 10, 2020

OPEC+ countries signed an agreement on cutting oil supplies.

Weekly Review
2020年4月10日

OPEC+ countries signed an agreement on cutting oil supplies. This is the largest ever reduction in oil production by 10 million barrels per day. However, prices are still falling amid decreasing demand.

Gold prices have risen to their maximum level for the past 8 years. This is due to the coronavirus and its catastrophic effect on the world economy.

The dollar is getting cheaper at the end of the week after the announcement of new Fed incentives to support the US economy.

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Robert Thompson
Coronavirus - Oil Retraces | April 3, 2020

Weekly Review

Coronavirus - Oil Retraces | April 3, 2020

Oil prices rose unexpectedly by 20% by the end of the week

Robert Thompson
2020年4月03日
Coronavirus - Dow Jones recoveres | March 27, 2020

Weekly Review

Coronavirus - Dow Jones recoveres | March 27, 2020

Dow Jones on Wednesday grew by 11% due to expectations of new measures by the US government to support the economy.

Robert Thompson
2020年3月26日
Coronavirus - Oil approached $20 level | March 20, 2020

Weekly Review

Coronavirus - Oil approached $20 level | March 20, 2020

By the end of the week, it still remains below the $30 level.

Robert Thompson
2020年3月20日