Shanghai Comp closes marginally higher overnight

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 12, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The Day So Far A substantial turnaround in sentiment has been witnessed since the European open as oil has recovered from its brief flirt with the $30/bbl level (low $30.41). The move this morning came amid a flurry of negative bank calls with Barclays, Macquarie, BofAML, and SocGen cutting their 2016 Brent forecasts in the last 24hrs. Analysts at Standard Chartered have gone as far as calling for $10 given that no fundamental relationship is currently driving the oil market towards any

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