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Why Oil Just Jumped: Russia Sanctions & What Traders Need to Know
Partner Center Oil had a monster day on Thursday, clocking its biggest one-day jump in more than four months. WTI crude popped 5.6% to hit $62 a barrel, while Brent climbed all the way to $66. And no, it’s not because Nobody Wants This Season 2 just dropped and everybody decided to Netflix and chill
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Miners offset Oil weakness for FTSE 100
Gains for copper and gold have helped miners to offset weakness in oil stocks, says Chris Beauchamp, Chief Market Analyst at investing and trading platform IG. FTSE 100 gains despite oil sector weakness Oil’s torrid day has weighed heavily on the FTSE 100, dragged lower by BP and Shell, but on the p
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Higher yields give US Dollar Index a lift [Video]
During the TradeGateHub Live Trading session, the discussion centered on how higher yields are giving the DXY a lift. A stronger dollar and rising rates, following the Fed’s 0.25% cut, are pressuring most asset classes and creating a risk-off move in the SPX, aligning with the Coach’s forecast that
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