Forex News | Weekly Review – Oil holds its price | May 15, 2020
Oil prices rose by 12.9% over the week. This was despite concerns about the beginning of a second wave of the pandemic.
The tension between China and the United States is growing. Safe assets keep rising in price.
Industrial production in China grew by more than twice the expected rate in April.
Australia’s unemployment in April rose, but remains well below forecasts.
On Monday the third halving in the history of Bitcoin took place. After this, the cryptocurrency resumed growth and went up by 12.5% by the end of the week.