Oil And Equities On The Rise As China Eases COVID Restrictions ...Middle East

OILPRICE - Economy

While US cash markets are closed today, the rest of the world - as well as US futures - are busy levitating amid renewed optimism that China has finally managed to contain its latest Covid breakdown after Beijing said the outbreak is now under control and the country eased more virus curbs. The upside momentum was also boosted by the best week on Wall Street since November 2020, which was catalyzed by speculation that the Fed will pause its hiking plans in September (and then proceed to ease once the recession is official). At 730am ET, emini futures…

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Last updated : 30 May 2022 clock 11:12 PM

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Oil And Equities On The Rise As China Eases COVID Restrictions ...Middle East

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