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Oil sinks lower

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Oil sinks lower. FTSE treads wate by Brenda Kelly On a morning where RBS releases a note that cries ‘sell everything’ and warns of a global deflationary crisis it’s a wonder equity markets are holding up at all today. US markets ended up mostly higher overnight following a late afternoon bounce while Asian markets were mostly lower with the Nikkei underperforming after Monday’s holiday. As WTI establishes itself, akin to Brent crude oil, with a $30 handle the bearish sentiment surrounding the

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