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Equities lower across the board on crude weakness

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 11, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The Day So Far Equities considerably lower this morning, driven by fresh yearly lows in crude with the commodity testing the $36 handle. Assuming we close the week around these lows, this represents a $4 move lower the week after OPEC decided to leave production unchanged and the IEA this morning predicted that global oil inventories, already standing close to 3 billion barrels, are set to continue rising next week. A similar situation last week and we could close out the year with crude

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