Selling Stake in Chinese Dairy Firm Shares in French food group Danone are [...]
Trading news
Oil Prices Attempt A Modest Rebound
WTI crude oil prices posted a rebound following the declines from last week. Prices got a boost early on Monday following stronger GDP numbers out of China.
However, the current retracement remains somewhat subdued. Unless we see a breakout above the previous highs of 53.74, we could expect a continuation lower.
This will mark a correction in crude oil prices which has been in a steady trend for a while.
The immediate downside target for oil prices is the 49.00 area. Establishing support there could potentially mark a correction into the longer-term uptrend that oil prices are in currently.
Tuesday, 19 Jan, 2021 / 11:31
Source : https://www.orbex.com/blog/en/2021/01/oil-prices-attempt-a-modest-rebound
Trading news
End of the line for the Treasury yields rally?
Markets cheered the new developments for both European and North American [...]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On February 26th, the [...]
