Friday, April 24rd—today's news: Gilead's new coronavirus drug fails its first randomized trial. European markets are pessimistic over the pandemic outlook and the EU's measures to curb its economic impact. EUR/USD is at 1.0763, GBP/USD—1.2321; Brent oil is $21,32 per barrel, gold is $1 753,50. Read the daily selection of analytical reviews from Grand …
On April 20th, the oil market was shaken by a unique historic collapse of WTI crude oil futures contracts: the price went below zero, as low as minus $40 per barrel. The spot price at the time was $15. Can there be a negative oil spot price, and should private …
Thursday, April 23rd—today's news: the eurozone business activity hits record lows. Analysts say the oil prices will turn negative again after a short rebound. EUR/USD is at 1.0791, GBP/USD—1.2349; Brent oil is $22.15 per barrel, gold is $1,751.20. Read the daily selection of analytical reviews from Grand Capital experts to navigate the market …
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