politics @lemmy.worldEnglish · 1 day ago

Minutes before Trump's announcement, $800 million in trades made on oil prices

www.9news.com.au

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cross-posted to:
Wallstreetbets@sopuli.xyz

785

Minutes before Trump's announcement, $800 million in trades made on oil prices

www.9news.com.au

Substance_P@lemmy.world to

politics @lemmy.worldEnglish · 1 day ago

110

cross-posted to:
Wallstreetbets@sopuli.xyz

At 9.50pm AEDT yesterday, there was a sudden spike in trading on the oil and S&P 500 futures market.

6.50am New York time is an unusual time for a rush on trades on West Texas Intermediate May futures.

But it showed that all of a sudden, a substantial sum of money was bet on oil prices dropping and the stock market rising.

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Hemingways_Shotgun
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14 hours ago
For sure. I’m well aware that real life doesn’t work that way. Because real life kinda sucks right now.

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