The world remains on quarantine due to the coronavirus pandemics, the oil is getting cheaper, and capital markets get scared of every shadow. The beginning of April will show how ready investors are for a reversal and whether they are ready at all.
Recently, the behavior of the oil market has been provoking as many questions as exclamations – the whole range of human emotions. In March 2020, oil prices experienced perhaps the most stressful time in the last years. The hard times are not over yet. However, now it is high time to find out what is going on.
The beginning of December on the markets will be saturated with general economic and political events, but investors are still more hopeful about the news from the US and China than for other catalysts.
This week is promising to be rather active for capital markets. We are expecting the statistics, the sessions of Central Banks and watching the Brexit soap opera.