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Is the economy slowing down, this week might tell us?

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 29, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Oil prices rose last week, WTI was up $1.03 and Brent +$2.09 although it might have been more. With some delivery problems earlier in the week for Brent Friday saw supply disruptions for both Nigerian and Iraqi crude out of Kurdistan due to terrorist action on the pipeline. At one stage on Friday Brent was trading at $37 but to prove that fundamentals are still awful that was merely a selling opportunity. The rig count was down again, overall minus 12 to 502 and in oil down 13 at 400 dead. It

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