Trade indices Online
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

The IEA thumped the market yesterday

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 10, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,048
    Likes Received:
    1
    As I mentioned on Monday, this week sees the publication of the short term outlook forecasts from all the major agencies. The IEA thumped the market yesterday by pouring cold water on most bullish scenarios such as non-Opec cooperation, a weak dollar and lower than anticipated Iranian production. They suggested that Opec were ‘unlikely’ to cut a deal with other producers and that prices were likely to fall as global supplies increase. In its STEO, the EIA said that demand in 2016 would be

    Continue reading...
     

Share This Page

Trade indices Online