All eyes on the US-China relationship that set the market mood. How is it today?
Tag - wti - west texas intermediate
The week is ending quiet, but pretty heavy. The gold price stabilizes at a higher plateau.
The market continues to be in a risk-off mode. Time to gain on falling!
WTI oil price is following an ascending curve. However, there are reasons for the consolidation. What are they?
Investors are weighing in the potential of the second wave of the virus hit, the movement across the Forex market is relatively cautious.
Oil is trading higher for the second week. For how long?
The market is submerged into an overall risk-off mood, with the AUD getting strong on recovering China and the GBP boosted by the BOE announcements, while the USD and the EUR are weak.
WTI is at $23 per barrel. All problems got resolved suddenly?
Oil is the subject of heated debates these days as nobody really knows what to do with the “humiliated” asset.
The risk sentiment remains positive, but for how long?
Brent followed the case of WTI, although not into the negative zone (yet); the AUD and the NZD are marching upwards across the board, the USD stays relatively strong.
Oil prices turned negative yesterday, economic data for today