Thursdays, session saw Oil prices surge, recovering from a seven-month- low, in the previous session, investors’ expectations that OPEC would reduce output further to support the market. Prices have been under pressure amid an ongoing trade dispute between the two global superpowers. US crude oil saw a rise of more than 2.5% to $52.34 a barrel, while Brent crude oil saw a 1.6% raise to $57.04 a barrel around 9:30 am Yew York time. Crude oil reached an all-time high of $147.27 a barrel in July 2008 and a record low of $1.17 in February 1946.
BlackBull Markets are delighted to announce the hire of Sophie Squillacioti as the new managing director for our China operations. Sophie brings over 15 years of experience in the industry and has affirmed her position in China as a business leader. We look forward...read more
China has had enough! Blasting looming U.S. tariffs of 10% on a further $300 billion of Chinese imports, exclaiming it too be a violation of the accords reached between President Trump and President Xi Jinping. China has reached out to the World Trade Organization...read more
Huge push to the upside for the pound, on the smaller time frame. With the pound pushing past the 1.2111 mark and climbing. Are things finally looking up for the Pound? Looking at the weekly time-frame it's still looking bleak. With an overall downward trend for the...read more
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