Tag: Oil Price
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Israel-Hamas War Spooks Markets as Investors Urged to Avoid Knee-jerk
Oil prices surged by 5% following Hamas’ unexpected attack on Israel over the weekend, but investors need to avoid knee-jerk reactions, warns the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations. The warning from Nigel Green of deVere Group comes as global investors digest the news that the…
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Investors are more Optimistic – Weekly Market Overview
US stocks closed higher on Monday as market sentiment was bolstered by an agreement for a third bailout program between Greece and its creditors. S&P 500 closed 1.1% higher with all 10 main sectors finishing with gains. The dollar strengthened, with US Dollar Index rising 0.8% to 96.7520. European stocks rose sharply as Stoxx 600 gained 2%,…