US GDP decreased by 4.8% | May 1, 2020

Oil prices are recovering throughout the week.

Weekly Review
2020年5月01日

The US GDP decreased by 4.8% in the 1st quarter. Eurozone GDP declines as well.

The business activity index in China is below forecasts. Raw material prices are staying under pressure.

Quarterly reports of key US companies show profit growth despite the Covid-19 pandemic.

The Fed leaves the discount rate unchanged and promises comprehensive support to the US economy.

Oil prices are recovering throughout the week. Investors react to the prospects of quarantine removal and the resumption of regional air services.

Robert Thompson
Gold testing historic highs | April 24, 2020

Weekly Review

Gold testing historic highs | April 24, 2020

Gold is increasing in price at the end of the week and again reached the level of $1,700.

Robert Thompson
2020年4月24日
The IMF predicts a global economic decline | April 17, 2020

Weekly Review

The IMF predicts a global economic decline | April 17, 2020

The second largest economic crisis after the Great Depression is expected.

Robert Thompson
2020年4月17日
Weekly Review - 10 million barrels per day Oil cuts | April 10, 2020

Weekly Review

Weekly Review - 10 million barrels per day Oil cuts | April 10, 2020

OPEC+ countries signed an agreement on cutting oil supplies.

Robert Thompson
2020年4月10日