Oil industry: Donald Trump’s 2 tweets boost the price
WTI oil prices jumped up after Donald Trump’s 2 tweets
US Nonfarm Payrolls
| Nonfarm payrolls or NFP is a monthly change in the number of employed people. It is the significant indicator of business health and, as a result, the whole economic activity in the United States. That is why traders pay high attention to it. The US dollar needs additional rate hikes this year, so a positive reading of the indicator will increase chances of the Federal Reserve raising interest rates. Look at an economic calendar at 15:30 MT time on May 4. If the data is positive, the US dollar will rise. |
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March NFP: forecasts and opinions
Today the US nonfarm payroll data will be reported that could cause fluctuations of the market.
OIL: it started
WTI was at $20 per barrel just in the beginning of the day. Currently - above 25$.
Latest news
Oil industry: Donald Trump’s 2 tweets boost the price
WTI oil prices jumped up after Donald Trump’s 2 tweets
March NFP: forecasts and opinions
Today the US nonfarm payroll data will be reported that could cause fluctuations of the market.
OIL: it started
WTI was at $20 per barrel just in the beginning of the day. Currently - above 25$.
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