Friday, February 26, 2021
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Posts From Hussein Sayed

Brent crude passes $63 as risk-on sentiment soars

    Brent crude passes $63 as risk-on sentiment soars

Oil prices kicked off the week on a strong footing, hitting a new 13-month high in early Asian trade. The robust recovery in oil prices and industrial metals over the

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OPEC+ facing hard choices

    OPEC+ facing hard choices

Crude oil futures are trading lower on Monday morning as market participants closely watch OPEC members and their allies as they begin a two-day meeting to discuss their next steps

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Biden vs Trump: Buckle up for a wild market ride

    Biden vs Trump: Buckle up for a wild market ride

Last week was a terrible one for risk assets with global and US equities suffering the worst selloff since the March meltdown. Multiple factors deterred investors from taking risk including

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US stocks near correction territory; is it time to turn bullish?

    US stocks near correction territory; is it time to turn bullish?

Equity markets sold off aggressively on Wednesday dragging the S&P 500 2.4 percent lower for the day and the index is now down nearly 9 percent from its record high

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A bull market dependent on a few big tech names

  A bull market dependent on a few big tech names

Six months ago, the most widely followed index in the US, the S&P 500, was down 34% from its peak.

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Recovery: A bumpy road ahead

  Recovery: A bumpy road ahead

The world has finally seen a glimpse of light at the end of this dark tunnel. The coronavirus outbreak is

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Emerging market currencies pressured, but Naira stable

  Emerging market currencies pressured, but Naira stable

The Naira has entered the trading week on a firm footing despite a stabilizing Dollar and global trade tensions pressuring

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Bulls are back in town, thanks to US employers

  Bulls are back in town, thanks to US employers

The NASDAQ composite index climbed to a fresh record after the release of Friday’s jobs report. The S&P 500 is

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Investors unmoved by the US government shutdown

  Investors unmoved by the US government shutdown

The US government entered its third day of shutdown after US Congress failed to arrive at a short-term budget deal.

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Bitcoin future trading kicks off; investors awaiting central banks decisions

  Bitcoin future trading kicks off; investors awaiting central banks decisions

Trading bitcoins entered a new phase today, after Chicago’s CBOE listed the first futures contract on the cryptocurrency. The initial

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