The price of crude oil jumped today after Saudi Arabia suggested reducing production. The Saudi oil minister said that the country will slash daily oil production by 500K barrels per day in December.
Mon, Nov 12 Daily Forecast CRUDE OIL RISES AS SAUDI SIGNALS SUPPLY CUTS
Nov 12 - 18
During the upcoming trading week global inflation data and Gross Domestic Product is heavily in focus as we see the release of Consumer Price Index figures from the German, United Kingdom and US economy.
Week 45, Nov 5 - 11 Weekly Review FED REMAIN HAWKISH WHILE ANTIPODEAN CURRENCIES MAKE STRONG GAINS