Daily review

Global stocks rose today as positive momentum returned to the market. Momentum picked up on hopes that the Coronavirus pandemic is under control.

Global stocks rose today as the market reacted to positive news regarding Coronavirus. Data from several European countries showed that the rate of infection was falling.

The price of crude oil rose today after it emerged that OPEC+ members will hold a virtual meeting on Monday. A source told Bloomberg that the meeting will be open to all OPEC members and other oil countries.

The price of crude oil jumped today as the markets reacted to some positive signals from the US. In a statement, Donald Trump said, without providing evidence, that Saudi Arabia and Russia were close to a deal.

Global stocks turned lower today as investors reacted to a warning by Donald Trump. In a statement yesterday, the president revealed that between 100k and 250k Americans would die from Coronavirus.

Global stocks rose today as the market reacted to the surprise manufacturing PMI data from China. Data from China Logistics Information Services showed that manufacturing and non-manufacturing activity rose in March.

The price of crude oil tanked today as the market focused on the reality of low demand and high supplies. Brent, the global benchmark, dropped by more than 5% while WTI dropped by more than 6%.

The US dollar index rose slightly after suffering a significant drop this week. The rise came a day after we received the worst jobless claims data from the US.

The price of crude oil pared back earlier losses as traders waited for actions by Saudi Arabia. This is after Mike Pompeo pleaded to the country yesterday to intervene and stabilize oil markets.

US futures turned negative as traders reacted to the new stimulus package from Washington.