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13 Feb 2020

Crude Oil Futures: Extra gains not ruled out

Traders scaled back their open interest positions by just 205 contracts on Wednesday, according to flash data from CME Group for Crude Oil futures markets. On the other hand, volume rose significantly by around 224.3K contracts following two consecutive drops.

WTI limited around $52.00/bbl

Wednesday’s uptick in prices of the WTI was on the back of still shrinking open interest and a large build in volume. That said, while further bullish attempts should not be discarded in the short-term, the monthly high near the $52.00 mark is expected to offer a tough resistance for the time being.

Feb 13, 2020

Forex Today: Coronavirus cases jump, EUR/USD sell-off extends, cryptos climb, US inflation eyed

Here is what you need to know on Thursday, February 13: Coronavirus: China reported a leap of nearly 15,000 infections and 240 deaths, reversing the t
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Feb 13, 2020

Italy is at risk of recession as virus threatens fragile growth – Bloomberg

The coronavirus risks could have a significant negative impact on the global economy and also on the Italian one,” the country’s Deputy Finance Minist
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