The FTSE 100 index is set to decline by more than 2% when markets open this morning. The decline, which is in line with other global indices, comes after the index notched its third straight day of gains.
Crude oil price stabilized during the Asian session as participants waited for a response from Saudi Arabia. Yesterday, Mike Pompeo, the Secretary of State, asked the country to help stabilize the oil market. He made the statement as he headed to an important G20 ministers’ meeting. The statement came a […]
The S&P 500 index is set to open lower in a classic case of buying the rumour, sell the news situation. At 1200 GMT, S&P 500 futures were down by almost 1%.
The pound to rand pair rose today as traders reacted to a spike in Coronavirus cases in South Africa. According to the health minister, the number of cases jumped to 709 overnight. This was a significant increase since the country had 554 confirmed cases on Monday.