Negative oil prices: what did actually happen?
Dear friends! A historic event took place on April 20 – the May WTI oil futures traded at negative prices, reaching the level of minus USD 40. Yes! The oil price was MINUS FORTY dollars. Buying oil at such a price in real life would mean that you receive money for taking oil from the […]
Front-page weekly events and key news
Enthusiasm again prevails in the world financial markets. The S&P 500 index reached maximum values from the beginning of March. One might think, when looking at quotations, that the economic crisis came to its end. However, it is not so. Promises of officials, which eased the feeling of fear of investors, dictate the rules again. […]
Front-page weekly events: stocks cleared the important height
The most interesting event of the past week was the rise of the S&P 500 index above the key resistance level. Meanwhile, the world financial authorities keep throwing money into the furnace of the locomotive, which is called ‘the market’. Economists say that there’s too much money and warn about risks. An unrestricted quantitative easing […]
