Risk-on Sentiment Remains Positive | BDSwiss Market Moves on MT4

-Russian Oil The European Union tried hard to curb the export of Russian oil but seemingly failed to increase the pressure. Among the steps were also agreements that prices for Russian oil were different prices in global markets. The income for Moscow is seemingly now bigger than compared to a year ago as deals seem lucrative for businesses, which are hard to track traders as well as shipping companies. Global oil prices are currently falling again as USOIL might soon approach the USD technical support level. -Citadel Trading Famous Citadel investment house has started offering market-making in corporate credit as well as other fixed-income trading. In the past transactions have often occurred over the phone with the retail space lagging yet the situation seems to change, currently offering an alternative to investment banks. -EV Vehicles Tariffs The European Union is potentially offering a delay of three years concerning electronic vehicles being traded with the UK. Following Brexit agreements, a 10% tariff would be imposed if a vehicle value derived of less than 45% from a region, which is meant to be supported by the battery supply chain. -Market talk The fresh strength of the Dollar looks set to continue with the EUR and GBP in particular falling against the Greenback. Also, the AUD had fallen earlier this week marking a potential bearish turnaround but failed to gear up further momentum today. Should the support zone be broken, the markets might also continue to trade lower today, which could be interesting in regard to stock markets. They could hence also resume their bearish pressure. Also, Gold prices are interesting to observe, as they offered a strong bearish candlestick pattern earlier this week and might follow up with their negative trend given the strong technical pattern. The strength of the JPY might also continue as the currency seems to gain against most other currencies for now. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.
Back to Top