Heads up to the release of weekly crude oil inventories at 17:30 MT!
Tag - wti
Technically WTI is testing levels below the 200-week MA. This makes it vulnerable for the retest of June and August lows.
Crude oil inventories will be out at 17:30 MT time
The updates from the UN General Assembly continue coming and may provide us some trade opportunities. Check the key events in the report!
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
The FOMC meeting is on the agenda. Will the Fed keep its rate on hold or not?
Oil continues to gain attention, that is why the CAD may get stronger again...
Pay attention to the FOMC meeting, where the rate cut is expected. Also, it is recommended to keep an eye on the oil prices, updates on trade talks between the USD and China and, of course, Brexit.
What will move markets on September 5
Yesterday’s private survey showed larger-than-expected cut in oil output.
Oil updates and the FOMC minutes are on the agenda
The release of crude oil inventories earlier today showed a surprise increase in the number of barrels.