Forex
globalreutersAugust 27, 20241 Mins read
Goldman cuts Brent forecast and eyes $70-85 range for 2025
globalreutersAugust 27, 20241 Mins read Goldman has cut it’s average 2025 Brent forecast by $5.
I think yesterday’s developments in oil markets shows how futile price targets are when it comes to volatile assets like oil (for all assets to be fair).
WTI futures are currently trading close to $77 per barrel after yesterday’s solid push higher, which got within reach of the 200DMA sitting at around $77.77.
This article was written by Arno V Venter at www.forexlive.com.
Related Articles
US stocks are mixed in premarket trading
The futures are implying a mixed opening with 30 minutes to go...
ECBs Nagel (Hawk): PMI data confirms that Germany is stagnating
ECB Nagel is on the wires saying"PMI data confirm that Germany is...
ECBs Villeroy: ECB is achieving a soft landing
ECBs Villeroy is weighing in after weaker data today:ECB is achieving a...
Canada retail sales for September 0.4% vs 0.4% estimate
Prior month 0.4%Retail sales for September x.x% vs 0.4% est.Ex Auto 0.9%...
Leave a comment