Biden announces withdrawal from the election. The global market is in contemplation: Is the "Trump trade" still worth betting on?

At the beginning of a new week, following US President Biden's announcement that he will not run for re-election in 2024, investors are starting to pay attention to whether Biden's decision to support Vice President Harris increases or decreases the chances of Trump returning to power.

Zhitong Finance19:53 ET

GE Aerospace to Spend $1B to Expand and Upgrade MRO Facilities

Seeking AlphaJul 19 07:27 ET

Oil and Gas Stocks Rise After Trump Vows to Ramp up Fossil Fuel Production

By James Rogers Donald Trump promised greater U.S. production of fossil fuels in his speech that closed the Republican National Convention Several coal and oil stocks edged up in premarket trades

MarketWatchJul 19 07:23 ET

Wells Fargo Upgrades Marathon Oil to Overweight From Equalweight, Price Target Is $29

Marathon Oil (MRO) has an average rating of outperform and price targets ranging from $28 to $42, according to analysts polled by Capital IQ.Price: 29.36, Change: +0.10, Percent Change: +0.34

MT NewswiresJul 19 05:20 ET

GTJA: Capital expenditure of oil companies is expected to continue to grow, driving high prosperity in the oilfield service equipment industry.

GTJA Securities stated that it is expected that future capital expenditures of oil companies will continue to increase, and the increasing crude oil product industry capital expenditure will gradually be transmitted to equipment suppliers, thereby driving a high prosperity level in the oil service equipment industry.

Zhitong FinanceJul 18 19:11 ET

Crude Oil Could Be Next – TDS

The notable declines in commodity demand expectations continue to threaten the energy complex although CTAs still hold substantial ammunition to deploy on the offer, TDS senior commodity strategist Daniel Ghali note.

FXStreetJul 18 10:35 ET