Crude oil prices are now looking somewhat determined in their attempt to occupy the next important bullish bastion of $25/bbl.
European bonds take a break from eight consecutive days of decline, as credit risks finally calms down.
Concerns over global economy growth skyrocketed, sending equity markets into a sharp decline.
Crude prices appear to escape from the bear trap, with the first signs of Saudis’ loosening their tight grip.
The price has formed a reverse bearish engulfment model, which is pressing against the broken daily channel…
Important news that will determine currency movements next week…
The US NFP data crushed investors’ hopes that it will bring clarity in March’s FOMC decision.
The Wednesday ISM report revealed significant slowdown in business activity in the US service sector.
European and Asian indices have re-ignited their appetite for mining and energy companies.
Just a few hours ago, the head of the Federal Reserve of New York told some interesting things that have sent the USD up north.
Chinese stocks have resumed their decline, as investors hurried up to take profit in the depressed market.
European indices extend their decline for the second consecutive day together with falling Oil prices.
Oil’s longest upward streak halts as China’s industry sector keeps slowing down and OPEC maintains high pumping volumes despite global surplus.
People trade stocks, precious metals, commodities and Forex because they believe trading is a holy grail and can make their dreams come true.
Last week Oil has continued a correction which can unexpectedly end with, for example, negative data from China.