Crude climbs as air strikes in Iraq are authorized

Note: This section contains information in English only.
Source: Bloomberg
Both Brent and West Texas Intermediate rose as the US President Barack Obama has authorised Iraq air strikes. The futures for September had a considerable rise with the Brent increasing 1.3% and the WTI 1.1%. Consequently, the Brent was trading at $106.85 a barrel in London and the Texas light sweet was at $98.45 on the NYMEX.
Back to articles

Actual Topics

Fri, 08 Aug 2014 09:13:07 GMT

Euro rises due to geopolitical distresses

The Euro managed to recover from yesterday's plummet, caused by Draghi's speech, which threw the common currency near to its lowest value in nine months. The Euro climbed by 0.27% to 1.3394 against the US Dollar. President Barack Obama approved air strikes in Iraq increasing demand for safe-haven assets.

Fri, 08 Aug 2014 08:50:10 GMT

Gold climbs as conflict intensifies in Iraq

Tension in the Middle East and Ukraine keep on concerning traders, therefore causing gold to rise to its highest price in three weeks. Gold rose by 0.7% to 1,322.14, reversing a 0.3% loss, after Barack Obama approved air strikes in Iraq. Regarding futures, gold for December increased to 1,323.50 on the Comex.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.