- U.S. stocks jumped and the S&P 500 breached 3,000 point as a revival in business activity helped investors overlook simmering Sino-U.S. tensions
- Speculative US Dollar shorts get slashed as investors turned defensive on risk-sensitive currencies amid US-China tensions
- Oil prices rose, supported by growing confidence that producers are following through on commitments to cut supplies
Oil traders have faith
14 September 2020
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Miguel A. Rodriguez
Financial Writer
Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.
Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.