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European Equities gain as China Rallies

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    It’s a short trading week with Friday with little to get excited about on the macro calendar today. Last Friday, it was reported that US oil drilling rigs increased by 1 to 387 which took some of the momentum from the recent oil price surge. This has continued this morning with Brent Crude (May) down 1.41% and WTI (April) down 2.03%. Some Asian markets have pulled back as oil prices retreat but there remains an element of hope that China will once again take a cleaver to interest rates. The

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