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Oil Plunges as Jobs Report Causes Turmoil and Cryptocurrencies Drop

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Oil Plunges as Jobs Report Causes Turmoil and Cryptocurrencies Drop

Introduction

This article was posted on Friday, 16:58, UTC.

Friday Market Recap Asset Current Value Daily Change S&P 500 2421 0.54% DAX 12382 0.01% WTI Crude Oil 44.28 -2.77% GOLD 1208.00 -1.27% Bitcoin 2522 -3.03% EUR/USD 1.1393 -0.27% Financial markets are all over the place today, as several major events shook up the balance in currencies commodities and stocks alike. The mixed US Employment Report alone was enough to confuse investors, as volatility increased significantly following the release. Stocks are generally higher after a negative overnight session, but the gains are only marginal and the short-term trend remains negative both in Europe and the US.  The NASDAQ is relatively…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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