Gold, Oil Prices Slump, Fedspeak, Bitcoin - What's Moving Markets

Opening Bell: Commodities Drop, Futures, Stocks Flat As Markets Await Tightening

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📚 Daily Digest  |  Monday, Aug 9, 2021

Gold, Oil Prices Slump, Fedspeak, Bitcoin - What's Moving Markets

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Gold and oil prices slump amid worries of growing Covid cases in China and the possibility of early Fed tightening, while bitcoin recovers. Fedspeak will also be in focus, with Raphael Bostic and Thomas Barkin scheduled to talk later Monday. Also of interest will be the passage of the long-awaited U.S. infrastructure bill. Here's what you need to know in financial markets on Monday, 9th August.

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Stock Market Dow Futures 130 Pts Lower; Oil, Metals Stocks Hit Hard By Peter Nurse Investing.com -- U.S. stocks are seen opening largely lower Monday, falling back from the previous session's record levels with sharp falls in oil, gold prices... Stock Market Tesla Gains Premarket As Jefferies Upgrades Stock To $850 By Dhirendra Tripathi Investing.com -- Tesla (NASDAQ:TSLA) stock was trading 1.2% higher in Monday's premarket following an upgrade to 'buy' from Jefferies with a target of $850... Stock Market Tyson Foods raises 2021 revenue forecast on strong beef demand (Reuters) -Tyson Foods Inc on Monday raised its forecast for fiscal 2021 revenue, as the largest U.S. meat processor benefited from strong demand for its beef products after... Stock Market Alibaba fires manager accused of sexual assault; state media lambastes handling (Corrects paragraph two to say "since she reported it", not "since reporting it") By Josh Horwitz SHANGHAI (Reuters) -Chinese e-commerce leader Alibaba (NYSE:BABA) Group Holding...

Today's Top Analysis

Opening Bell: Commodities Drop, Futures, Stocks Flat As Markets Await Tightening By  Pinchas Cohen/Investing.com    |    Aug 9, 2021 Cryptocurrency Regulations On The Horizon; Expect 2 Sets Of Protocols By  Andy Hecht    |    Aug 9, 2021 2 ETFs For Investors Bullish On The Expanding Insurance Sector By  Tezcan Gecgil/Investing.com    |    Aug 9, 2021 Commodities Week Ahead: Gold, Oil Vulnerable On Dollar Surge, New COVID Curbs By  Barani Krishnan/Investing.com    |    Aug 9, 2021 Read More Analysis »

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