Chart Analysis and US Markets Open 6.5.21

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Good morning America.
Here is what's happening in the markets today.
- BioNTech share price fell as much as 19% in Germany after the European Commission said it was willing to discuss a plan to waive intellectual property rights for Covid-19 treatments while the pandemic lasts.
- The US Stock Markets are expected to open flat today, following the latest Biden administration initiatives that indicate a drift toward clamping on corporate profits. Both the DJ and the S&P500 closed the day in red yesterday

- Crude Oil WTI pulled back on the EU trading session today following an impressive draw in crude oil inventories last night, testing again the $65 mark

- Gold futures traded higher this week almost reaching $1800 per ounce….fuelled by the drop of the USD against its other peers

- BTC marked little gains today…trading as high as $57.800
Enjoy :)

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