Blacklist of scam sites

Finance

World stock markets started the week with active growth



Global markets remain on the rise, ending the first trading day of the new week in the green zone. Wall Street indices have updated new record highs, which has already become a tradition. The supporting factors are still the same – a slowdown in the pandemic, coupled with expectations of approval of a generous stimulus package to be adopted in the coming weeks. As discussions continue in Washington on additional measures, stocks are likely to continue pushing north, despite being overbought and talking about bubbles. And the more dangerous is the current rally, which, when risks not taken into account in prices appear, will easily be replaced by an aggressive correction, especially since the levels are very attractive for fixing profits. more than a year ago. Oil traders also ignore potential risks, including a possible surge in US production as prices rise and drilling activity in the country’s shale fields. There is also a threat of deterioration of discipline within the OPEC + group, given that Brent has been trading above the $ 50 level since December last year. A further rise in quotations may lead to speculation about the recovery of OPEC + production, in order to prevent those American shale companies from taking away market share from the alliance. labor market statistics. Taking advantage of the situation, gold has been vigorously gaining in price since Friday, recouping previous losses. Meanwhile, Bitcoin surprised again yesterday, updating record highs near the $ 45,000 mark. Moreover, since the beginning of trading on Tuesday, the price of the main digital currency has exceeded the zone of $ 47,500, all thanks to Tesla, which announced that it has invested $ 1.5 billion in bitcoin and plans to accept payments in BTC in the future. Given the influence of Musk’s statements on the markets, this driver could push quotes around the $ 50,000 mark. _______________________ Mikhail Dorofeev, Chairman of the Board, CPC Obnovlenie

Related posts
Finance

Ethereum approached the $ 2,500 level

Finance

Raw material imports to China keep the market above $ 60 a barrel

Finance

US and European stock markets gain weight

Finance

Gold and oil return to active growth

Subscribe to our newsletter and
Stay up to date

Leave a Reply

Your email address will not be published. Required fields are marked *