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Daily Market Roundup: Global glut in oil to remain; Gold to rise after Fed lift-off?

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Nick Batsford, CEO of Tip TV, was alongside Richard Hunter, Head of Equities for Hargreaves Lansdown, when he opened the Tip TV Finance Show on the 14th December 2015 to discuss the current situation with oil, as well as the Fed rate hike and the outcome of this on gold. OPEC maintaining production doesn’t reduce global glut Hunter outlined that the decision at the recent OPEC meeting to maintain production at current levels will mean that the oversupply of oil into the market will remain. He

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