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  • WTI Crude Oil: Market has Rough Closing

    From dailyforex.com

    The West Texas Intermediate Crude Oil market rallied significantly initially during the trading session on Tuesday but gave back the gains towards the end of the day. The crude oil market is still looking likely to cause a lot of headaches for traders going forward. With that in mind, I believe that the market will continue to see a lot of noise, so you should be cautious about your trading position. Looking at the shape of this candlestick, it certainly looks as if crude oil is being threatened, so a breakdown could be a real possibility. At this point, if we were to break down below the lows of the trading session ... (full story)

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    Shell expects at best steady fuel sales for first quarter

    From reuters.com|Apr 7, 2021

    Royal Dutch Shell expects its fuel sales to fall or at best be broadly steady for the first quarter as some coronavirus restrictions ease, the world’s biggest fuel retailer said ...

    Kaplan: Economy Still in Crisis, Appropriate for Fed to Offer Aggressive Aid

    From @DeItaone|Apr 7, 2021|4 comments

    tweet at 5:30am: *Kaplan: Economy Still in Crisis, Appropriate for Fed to Offer Aggressive Aid *Kaplan: Unsure When Fed Will Be Able to Pare Back Support *Kaplan: Upbeat About Outlook, Sees 6.5% GDP Growth, 4% Unemployment This Year tweet at 5:31am: *Kaplan: Raising Rates Off Near Zero Doesn't Necessarily Mean Tighter Monetary Policy

    G20 plan to seek a consensus by mid-year on global guidelines for taxing multinational firms

    From @FinancialJuice|Apr 7, 2021

    tweet at 5:12am: THE G20 FINANCIAL LEADERS PLAN TO SEEK A CONSENSUS BY MID-YEAR ON GLOBAL GUIDELINES FOR TAXING MULTINATIONAL FIRMS, PARTICULARLY BIG DIGITAL COMPANIES. tweet at 5:13am: G20 FINANCIAL LEADERS: WE WANT EXCHANGE RATES TO REPRESENT UNDERLYING ECONOMIC FUNDAMENTALS AND UNDERSTAND THAT EXCHANGE RATE STABILITY WILL HELP OUR ECONOMIES ADAPT - DRAFT tweet at 5:15am: G20: VACCINATION SHOULD BE A GLOBAL PUBLIC BENEFIT - DRAFT tweet at 5:17am: G20 FINANCIAL LEADERS: WE HAVE CALLED ON PRIVATE STAKEHOLDERS TO COOPERATE WITH GOVERNMENTS IN THE DEBT SERVICING SUSPENSION PROGRAMME - DRAFT tweet at 5:18am: G20 FINANCIAL LEADERS: WE HAVE DECIDED TO CONTINUE THE DEBT SERVICE SUSPENSION INITIATIVE FOR A FURTHER SIX MONTHS, UNTIL THE END OF 2021.

    •   Newer Stories
    Russia Slashes 2021-2022 Oil Production Forecasts

    From oilprice.com|Apr 7, 2021

    Russia is slashing its estimates for domestic crude oil, gas, and coal production for 2021 and 2022, according to the latest amendments in the government’s program for energy ...

    Monthly Indicator of Gross Fixed Investment in Mexico

    From inegi.org.mx|Apr 7, 2021

    The Gross Fixed Investment, which represents the expenses made in Construction and in Machinery and Equipment of national and imported origin, registered an increase in real terms ...

    Iran says its ship Saviz was attacked in Red Sea

    From reuters.com|Apr 7, 2021

    Iran’s foreign ministry said on Wednesday that an Iranian vessel, the Saviz, had been targeted in the Red Sea, a day after media reports that the ship had been attacked with ...

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  • Posted: Apr 7, 2021 6:28am
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 0  /  Views: 54
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