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Monday, November 25, 2024

European Markets Wrap-Up | Global oil market overview and what lies ahead for investors by Octa Broker

Global oil market overview and what lies ahead for investors by Octa Broker

As a critical resource in the global economy, oil is integral not only to the energy sector but also to industries such as transportation, manufacturing, and agriculture. Changes in its prices impact... 

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Copper Technical Analysis – The sentiment remains mixed

Fundamental Overview Copper continues to have a hard time as the market demands more stimulus from the Chinese officials to stimulate growth more strongly. Copper has been tightly correlated to the Ch... 

BOE's Dhingra: UK no longer looks like an outlier for inflation among advanced economies

Recent CPI outturns show no asymmetry in inflation unwinding Fall in services PPI appears to be slowing but probably due to erratic components Risks to outlook is uncertain and difficult to gauge The... 

BOE's Lombardelli: We remain focused more on services prices and wages

We should not focus too much on one set of data (regarding last week's PMI data) We remain focused more on services prices and wages Labour market is still relatively tight This reaffirms the narrativ... 

Crude Oil Technical Analysis – We are approaching the top of the range

Fundamental Overview Crude oil remains confined in a range between the 72.00 resistance and the 67.00 support as the market continues to weigh the future scenarios. On one hand, we have the Trump's vi... 

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Latest Forex Orders

FX option expiries for 25 November 10am New York cut

There are just a couple to take note of, as highlighted in bold . They are for EUR/USD at the 1.0440 and 1.0485 levels. The pair opened with a gap higher today amid a weaker dollar and has been sticki... 

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