Online Forex broker
On Monday, crude sagged in quiet trading after the three-day Easter break, following signs that the United States keeps adding output, thus undermining OPEC efforts to back prices, and as the financial markets reacted to North Korea's failed missile launch on Sunday.
Benchmark Brent crude futures slumped 49 cents, being worth $55.40.
American West Texas Intermediate crude futures declined 47 cents, hitting $52.71 a barrel. On Thursday, they rallied 7 cents, being worth $53.18.
The previous week both benchmarks soared for a third consecutive week, with Brent inching up 1.2% for the four days before the Good Friday holiday and WTI gaining 1.8%.
This week the financial market was subdued to start with key trading center London unavailable for a holiday. Financial markets keep digesting geopolitical tensions over North Korea, after its recent attempted launch of a ballistic missile. The projectile exploded nearly immediately.
On Friday, the leading precious commodity rallied, thus offsetting some of its weekly losses because Trump’s remarks about Fed rates and the evergreen buck put pressure on the US currency…
On Tuesday, metal prices kept sagging in the face of trade worries as well as a soaring evergreen buck…
On Wednesday, gold headed south and kept to a one-year minimum due to the fact the evergreen buck managed to strengthen on Fed Chair’s remarks, which backed views that the US major financial institution considers lifting its interest rates this year…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
