Today's traders have access to shares, indices, commodities, and securities that are traded around the globe on various exchanges. While traders may have once had to jump through hoops to trade on foreign instruments, financial institutions have developed a host of technologies to make the process of trading global instruments more manageable than ever.
Bumble, one of the latest online dating companies to go public, and Alibaba, the online megaretailer, both release earnings this week. The reports are expected to show whether the share prices for both companies can bounce back after recent falls.
Oil prices rose on Monday as major supplier Colonial Pipeline dealt with the aftermath of Friday’s cyberattack. The attack shut down service to the U.S.’s largest oil pipeline and the company advised that operations might not be restored until next week.
The Dollar index, which measures the Dollar against a basket of six major currencies, fell to its lowest point since February after the U.S. Nonfarm Payroll report on Friday.
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