Soft Commodities Reach 9 Year High / Crude Oil Drops – US Markets Open 26.4.21

#forextrading #instadaily #marketnews
Good morning America.
Here is what’s happening in the markets today.

– The Earnings Season continues this week with Tesla reporting today …….Microsoft, Alphabet, Starbucks and Visa report tomorrow and on Wednesday we have Apple that announced its commitment to invest $430 B and create 20.000 new US jobs in the next 5 years ….Facebook and Boeing.
On Thursday we have the giant Amazon, MasterCard and McDonalds reporting ….and we end the week with AstraZeneca, Exxon Mobil and Chevron

– As Covid cases in India rise and the death toll reached record numbers ……Sanofi, the French drug maker announced it will help Moderna with the vaccine to speed up the vaccination process of the world population

– Commodities are in focus today with Crude Oil trading close to the $61 mark again as the Global Covid situation puts pressure on Global Demand but at the opposite pole we see Copper, Soybeans, Wheat & Corn traded near their highest in eight years

– Bitcoin tries a shy correction today after the monster drop that happened over the weekend pushing the cryptocurrency down to almost $47.000

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