Tags Posts tagged with "Oil"

Oil

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Several factors are unsettling the market. Firstly, data released last week suggests that the slowdown in Asia, especially in China is worse than feared.

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Oil and the US continue to dominate market sentiment. There are important implications for currencies as well as stocks. Brent crude reached a new four-year low last week.

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The week ahead could prove significant for currency traders as an important batch of data releases and policy announcements are due to take place.

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Day traders should understand that news of the day greatly affects both pricing and volume, and should be used when setting up daily strategies and when pulling the trigger – both in buying and selling.