Likely overstepped. President trump announces rapid virus tests to expand Patient Access and reopen schools. Cases continue to rise as deaths are about to past one million globally. Shery thats get you a check of how the markets are trading. We are seeing u. S. Futures coming online flat after we saw the rally in the york regular session. We saw the s p 500 jumping the most in two weeks, extending that global rally that we saw overnight. Investors really buying the dip after four weeks of losses. We had some rebalancing of portfolios ahead of the quarter end. We have the s p 500 seeing its best day since april. Banks leading the gains. All 11 sectors gained ground. The dollar rally hitting a positive in this rally in the stock market. Wti under a little bit of pressure at the moment. This after it drew some support from the u. S. Stock rally. It was at a oneweek high. We also have some optimism over a potential stimulus deal. In the broader context of things, oil remains down 5 in sept
Reaffirming its redline over taiwan. Coronavirus claims more deaths as cages cases approach ive million. U. S. Closing travel from brazil. Protesters to announce chinas security law in hong kong. Washington says it could be the death knell for asias leading financial center. How is that playing out across these markets . Declines from last week, there is a little bit of trepidation and caution across futures now. Your getting brent crude, pleasant surprise from the upside, nothing screaming higher. 29. 65. 2965. 34. 72 brent crude. Coming off weeks of sharp gains. Looking ahead you have more data that perhaps would give us more visibility on the path. We could get consolidation as we were talking about earlier in the program. Lets talkoned, about the renewed tensions between the chinese and the americans here with the foreign minister of China Morning the u. S. To give up warning the u. S. To give up Wishful Thinking about changing china. Saying some in america are pushing relations to
Middle East: Commodity markets flash warning signal for stockmarket afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Oil extended a rally after an industry report pointed to a drawdown in US crude inventories, ahead of an OPEC meeting at which the group is expected to affirm current supply cuts.
Brent crude continued to climb toward $90 on Tuesday morning, pushed higher by reports of a larger-than-expected inventory draw and rising geopolitical tensions.