Energy stocks surged – Soft US data keeps US yields in check and pressures the Dollar lower [Video]
|Venezuela news are rattling markets in more ways than one. Crude oil started the week hesitating in Asia, only to rally in Europe and the US as traders priced in the potential for American oil majors to step in. Energy stocks surged, defence shares are climbing amid rising geopolitical risks, and rare earth metals are benefiting as China watches the situation closely.
On the data front, the soft US data keeps US yields in check and pressures the dollar lower, while in technology, AI stocks start the year on a strong footage and Nvidia is concretely expanding its technology to physical AI: robots and cars.
Are crunchy news enough to bring investors in a highly valued and increasingly questioned tech market?
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