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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The big theme in markets in the past 24 hours has been the sharp rally in Oil. The move is largely the result of positioning adjustment, as speculators got caught short and were squeezed. WTI rallied to 44.00 yesterday and traded up to 44.40 in Asia, up almost 7 USD from Monday's low.[​IMG]

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