The WTI tumbled to nearly -$40 per barrel when the May futures contracts expired in late April, but has subsequently managed to bounce back to around $25 per barrel. Following this momentary 'stabilisation', the price of crude has started to consolidate within the boundaries of a narrow range, as investors wait to see whether global demand would pick up now that more and more states are working towards gradually reopening their economies. [...]

Arguably the most important conclusion that can be drawn from the recently finished earnings season in the States is that Big Tech and other companies in the technological sector have had an overall robust first quarter. Despite the ongoing coronavirus crisis, which has affected so many other industries, the tech sector remains not only relatively unscathed by the economic fallout, but it even manages to continue growing. [...]

The price of gold has skyrocketed over the last several months, as a direct consequence of the bolstered demand for the precious metal. Gold was already finding itself in a bullish market prior to the global outbreak of the novel coronavirus, as we pointed out in our previous analysis on the commodity, and the escalation of the situation only bolstered the prevailing bullish sentiment in the market. [...]

The market has now had some time to price in the tempestuous employment data in the US and Canada from last week, which has jolted the short term price action on the USDCAD at the end of last Friday's trading session. At present, the pair's price action appears to be subdued, with the underlying market pressures being slightly tilted to the downside. [...]

The currencies of top economies in the East Pacific region, notably those of New Zealand and Australia, were already put under much strain in the months leading up to the global coronavirus outbreak for a number of reasons. Chiefly, the geopolitical landscape in the region was such that the previously escalating trade war between the US and China was exacerbating the trade difficulties for New Zealand and Australia [...]

The Walt Disney Company is among the world's leading mass media and entertainment conglomerates, with its main business operations ranging from operating theme parks, producing movies and television programs, as well as recently having entered the world of online streaming with its Disney + program. 'The House of Mouse' undoubtedly has interests in a wide range of business activities, which makes it a very well-diversified multinational [...]

Gilead Sciences has become one of the most talked-about companies over the last several weeks, as the Biotech giant's drug Remdesivir, which was originally developed as a medicament against Ebola, is now being used as a treatment for the novel coronavirus with a certain degree of success. [...]

Apple and Amazon, which are the last participants of the 'Big Tech' sector to report earnings for the current quarter, are bound to stir heightened price action on their stocks after the market close today, by announcing the pandemic's impact on their performances in Q1. These two reports are anticipated by investors to seal the faith of the US tech industry in the wake of the coronavirus crisis [...]

In a few short months, the global hierarchy in the financial world has been jolted by the coronavirus pandemic, which has drastically hindered the top echelons of the industry and the financial giants there. Microsoft has surpassed Apple as the company with the biggest market cap in the world after the latter's operations were severely distorted by the ripples caused by the national lockdowns of economies worldwide. [...]

Similarly to the stocks of other companies, we have already analysed during the current earnings season, Facebook is a particular type of an internet-based, technology company that is most likely going to benefit from heightened users' retention during the coronavirus pandemic. As more and more people globally are forced to stay in their homes and avoid contact with other individuals, the amount of time they spend on social media [...]