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Doha failure sparks market jitters

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    An undeniable feeling of disappointed engulfed the global markets during trading on Monday following the unsuccessful Doha meeting on Sunday which erased any remaining credibility OPEC had to offer. Despite Iran’s absence in the meeting, expectations were high for a freeze deal to be struck, but the visible dispute between Saudi Arabia and Iran sabotaged all efforts consequently causing WTI crude to plunge more than 5%. While realistically the effects of an output freeze would have had a

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