Oil higher, but weekly losses are still massive

Note: This section contains information in English only.
Source: WBP Online
Prices of oil were in green on Friday, however analysts say it could be just a short-term upward trend, while crude futures still face a sharp weekly decline. WTI were traded up 0.47% at $44.85 a barrel, while futures for Brent rose 0.48% to $49.75 per barrel. Meanwhile, global oversupply and the firm US Dollar still put pressure on oil prices, and experts claim that crude could reach new multi-year lows within the next months. 
Back to articles

Actual Topics

Fri, 07 Aug 2015 08:45:10 GMT

European stocks in red ahead of US jobs figure

Equity markets across Europe edged lower on Friday, as investors await the US non-farm payrolls figure released later in the day. The Stoxx 600 fell 0.2% to 400 points, the DAX 30 slipped 0.4% to 11,534 points, while the France's CAC 40 0.2% to 5,181 points. Meanwhile, the Italian FTSE MIB was flat at 23,805 points, while the Spain's IBEX

Fri, 07 Aug 2015 07:33:10 GMT

Aussie higher amid RBA's statement

The Australian Dollar strengthened against the Greenback, after the Reserve Bank of Australia confirmed with its quarterly Statement of Monetary Policy that it was happier with Aussie's depreciation. The Aussie surged 0.45% to 0.7377 against the US Dollar by 7:15 AM GMT. The depreciation in the local currency increased the demand for Australian goods and services. In addition, the RBA

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.