𝗠𝗔𝗥𝗞𝗘𝗧 𝗡𝗘𝗪𝗦 | Oct 31st
#Commodities:
#oilprices are recorded low but set to have the first monthly gain since May amid a sizable production cut by the #OPEC+ that aims at tightening the market. The organization planned to trim by 2 million bpd starting November - the largest curbs since COVID-19. Coupled with Russian sanctions taking effect on 5 Dec, crude is poised to have prices strongly supported in winter, not to mention if the dollar remained dipped like recently.
WTI crude futures fell to $87 per barrel on Monday but in general was up around 10% in the month.
#currencies:
#dollar strengthened as the Fed’s hawkish policy quelled fears over inflation fueled by stronger-than-expected consumer spending data. The #BOJ decided to maintain ultra-low rates, leading the #yen to weaken and trade at only 148.08 per dollar. #sterling dropped to $1.1593 despite a nearly 4% gain for the month due to the economic crisis stemming from replacement of the U.K Prime Minister. Followed by the pound is a slight decrease in euro to $0.99595. The Aussie kiwi also joined the fray.
Jolie Do:
Forex Trading Specialist/ Relationship Manager at ForexCEC - DNBC Global Markets. ForexCEC - DNBCグローバルマーケットの外国為替取引スペシャリスト/顧客関係マネージャー
#forex #trading #外国為替取引 #金融投資 #フォレックス #forexcec #dnbcglobalmarkets #视频打卡 #悬赏问答 #错过的交易真谛 #晒单专区 #记录你的交易# #投资高手 #新人报到 #晒单打卡
Edited 31 Oct 2022, 17:00
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