The oil output freeze proposal is of historic proportions

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: The data starts flowing now—today we get housing starts, PPI, industrial production, the Atlanta Fed business inflation survey, and the Fed minutes from the January FOMC. This evening we get China’s PPI and CPI. Traders everywhere are watching one another rather than data, sick to death by worries about volatility. The WSJ has a “number of the day”—8.98%, the percentage change from high to low for WTI oil yesterday. “The contract traded up as much as 7.1% at $31.53, and as low as 2.5%

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