WTI crude oil suffers a sharp drop due to OPEC+ decisions
Written by Antonio Di Giacomo, Senior Market Analyst at XS.com
The price of West Texas Intermediate (WTI) started the session on February 3, 2025, with a bullish momentum, opening with a gap above $74.70 per barrel. However, the session was marked by high volatility, leading to a drop of more than 4%, bringing the price down...
The Trump Trade War Is Off And Running (Again)
Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone
DIGEST – Stocks have slumped and the dollar rallied to start the new trading week, as Trump’s weekend tariff announcements are digested, ahead of this week’s busy slate of event risk.
WHERE WE STAND – Well, here we go then, we’re off and running with perhaps the most stupid...