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Weak Chinese trade data punished oil bulls

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 9, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    After yesterday’s paucity of company news, forcing an oil price only blog, today the tables are turned, there is oil price news but companies are doing all sorts of stuff today. The vampire squid poured cold water on the crude price yesterday, the recent substantial rise is clearly not what G Sachs thought when it predicted $20 oil. It was sort of inevitable, the fall that is, not the lousy forecast and is what they say ‘makes a market’. Weak Chinese trade data also punished oil bulls who had

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