Friday, November 3, 2017

Nov[1] - Market Updates

Oil:  
Crude Oil broke up from 2017 resistance ~ 55.2 last night. Bullish inventory data from US and extension on production cut among OPEC drove the rally over past few weeks. The next resistance could be ~ 57 to 58. End of November shall see meeting among OPEC.
Market Calendar on coming week:  
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)

No comments:

Post a Comment