Tag - oil

Goldman Sachs forecasts oil deficit
Goldman Sachs forecasts oil deficit

Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June!

Weekly Market Outlook: Sep 7-11
Weekly Market Outlook: Sep 7-11

The US dollar has managed to regain some of the lost ground versus other Forex majors. Will this correction continue? Watch the video to find out what is driving the market!

Oil prices climb up
Oil prices climb up

Oil prices are steadily growing as crude stockpiles have been declining for six weeks.

August 19: the USD stalls
August 19: the USD stalls

Most currency pairs with the USD are in consolidation currently as the USD has stalled its depreciation spree.

August 6: GBP surged after BOE report
August 6: GBP surged after BOE report

The market sentiment is indeed risk-on today! Gold has approached to the key resistance at $2 050 and the S&P 500 is eyeing all-time high at 3 390.

Oil: long recovery ahead
Oil: long recovery ahead

According to analysts from Citigroup, crude oil prices will never reach $100 a barrel again. They claimed that the idea to reach such a high level “has far more fantasy than reality at its heart”. It’s a really severe statement. What are the reasons?

Weekly Market Outlook: July 13-17
Weekly Market Outlook: July 13-17

Stock indexes and gold are setting new highs, the USD is going through challenging times and the CAD and the EUR await decisions of their central banks. Watch the video to prepare for this week's trading! 

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