Oil surges 2% to 5-month high
Following reports that the US will today announce that it is terminating waivers for Iranian oil import sanctions, the black gold jumped 2% to reach price levels not seen since November of last year. While sanctions on Iranian imports have been imposed for quite some time, some importers received waivers from the US, enabling them to continue to buy oil from the Persian Gulf nation. However, Reuters reports that this will come to an end today, driving prices up.
Today’s highlights: Cryptocurrencies seen lower
- US markets set to reopen: Following the long Easter weekend, markets in the US will reopen today. Markets closed higher on Thursday, and investors will be waiting to see if the ongoing earnings season will continue to have a positive effect on the market. On Thursday, several companies reached all-time highs, including Microsoft, Disney and Nike.
- Pinterest now available on eToro: Social media giant Pinterest held its IPO last Thursday, with its stock showing strong gains, closing much higher than the initial IPO price. The PINS stock is now available on the eToro platform. Please note that the stock’s price is set at the best-available market rate, which differs from the original IPO price.
- European markets closed today: In observance of Easter Monday, the majority of markets and banks in Europe will be closed.
Stocks earnings releases on 22/04/2019
Stocks earnings releases on 23/04/2019
Earnings season continues: To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.
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22/04/2019 appeared first on eToro.