Thursday , 12 December 2024
Home Forex Crude Oil pops amidst geopolitical tensions erupting
Forex

Crude Oil pops amidst geopolitical tensions erupting

Crude Oil is heading above 1% gains for this Wednesday, for a third consecutive day on Wednesday. Prices should be higher though, as it is unable to really bank on the escalating situation in the Middle East as traders appear to be slashing their exposure

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

PBoC-backed media says the Chinese yuan is on solid footing and will stay balanced

In Chinese financial media, the PBOC-affiliated Financial News, a report saying:says that...

US – China 10-year Treasury yield spread widens to nearly 250 basis points

US rates much higher than those in China. Outlooks for the two...

Australian jobs data weakens case for Feb 2025 Reserve Bank of Australia interest rate cut

CBA:The labour market data, coupled with the decline in wages growth,supports ourview...

If China aggressively intervenes in the yuan, it “raises the risk of a tariff cascade”

Reuters published a piece on China is allowing the yuan to weaken...