Brent Overview

Optimism in the financial markets Market Watch review. 28.04.2021 In today's release, we’ll cover the following topics: Growth of US stock indices. Weakening of the US dollar. US Federal Reserve rate decision. Rising oil prices. The US stock market continues to attract the attention of investors fr...

Market Watch. Sweden's Central Bank is ramping up incentives. Bitcoin anti-records Market Watch review. In today's release, we’ll cover the following topics: Results of the meeting of the Central Bank of Sweden. New highs in the oil market. The fall of Bitcoin by $3,000. The financial authorities of...

Trading opportunities: Since hitting a high of 67.70 USD, the market has transitioned into a phase of downwards movement. Cycles and calculations suggest that the drop from the 13th of February isn't complete. I reckon that this downwards correction will continue through the 11th of April and stop a...

Trading opportunities on the currency pair: On the back of declining oil prices, I’m expecting to see the formation of a W-model with targets of 1.8428 and 1.9150. Buyers may retreat to 1.7436 before breaking through May's high (23% of the growth from 1.5837 to 1.7930) to provide themselves with a s...

Brent oil is now sitting comfortably above the $60, making its highest level in more than 2 years on the back of a deal between Russia and Saudi Arabia to extend production cuts past March next year. Up until now, the deal to reduce output between Opec members has run smoothly with most countries st...

The International Energy Agency upgraded their forecast for oil demand in 2017 by 1.6m barrels a day in their Oil Market Report. The reason for this revision was strong demand from OECD countries. From a fundamental point of view, if demand for oil remains stable for the rest of the year, it will b....

Trading opportunities on the currency pair: On the back of a revision of New Zealand’s GDP forecast, the upcoming parliamentary elections (23rd of September), and a rise in oil quotes, the Kiwi dollar is expected to fall against its Canadian counterpart to 0.8893, or as far as 0.8645 if we see some ...

For the period from the 26th to 28th of June, currency markets were again trading rather peacefully, with optimism prevailing over pessimism. Brent oil has risen by 3% in this time. The aftermath of the hurricane in the Gulf of Mexico as well as the optimism surrounding the G20 summit to take place....

Sterling is the centre of attention among traders in Europe, which has slid against the dollar by 0.7% to 1.2668 since BoE governor Mark Carney’s statement that now is not the time to increase interest rates. He also gave an indication of weak growth in earnings to come. The pound has fallen agains....

Previous: After trading on Friday, the Euro closed with some nice growth against the greenback. The price consolidated within a narrow range around 1.1108 during the Asian session. As trading opened in Europe, the rally continued. By the time of the US session, Euro-bulls had returned the rate to 1....