Wall Street

Oil Plummets On Outlook, Gold Lower On Strong USD

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ValueWalk

A brutal week on Wall Street ends on a positive note, Fed reiterates commitment to restoring price stability, Oil plummets on outlook, Gold lower on strong USD, Bitcoin’s danger zone – OANDA The stock market selloff may have been overdone and exaggerated given this quarter’s ‘triple witching’ event. The expiration of stock futures and options may have accelerated the selling pressure leading up to today. It has been a painful week on Wall Street as inflation has forced many central banks to become more aggressive with outlining their monetary tightening plans that will lead to significant slow…

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