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Oil Price Stumbling-malaysia forex trading time

malaysia forex trading timeHXFXglobal reminds you:

Global Recession + Monkeypox Epidemic Heats Up, Oil Price Stumbling

Don’t miss the opportunity to make a profit, check the USOil trend now>>
Although API data showed that U.S. crude oil inventories fell and Iran nuclear talks were at an impasse, the U.S. released 20 million barrels of strategic oil reserves, pushing oil prices down. At the same time, the IMF is pessimistic about economic growth because it believes that the out-of-control war between Russia and Ukraine may continue to decline the global economy. In addition, the Monkeypox epidemic may spread around the world, and oil prices are under strong pressure. Therefore, oil prices are expected to continue to fall under pressure.

The trend of USOil can be paid attention to…
-Latest news on the Russian-Ukrainian war
-20:30 US Durable Goods Orders (MoM) (June)
-22:00 US Existing Home Contracted Sales Index (MoM) (June)
-22:30 US EIA Crude Oil Inventories for the week ending 7/22
-02:00 Fed Interest Rate Decision
-20:30 US Unemployment Claims for the week ending 7/23
-20:30 Initial value of the annualized quarterly rate of real GDP in the second quarter of the US
-20:30 US Core PCE Price Index (YoY) (June)
-22:00 US University of Michigan Consumer Confidence Index Final Value (July)
Which will affect USOil trends, and investors must grasp the opportunity of making orders.

Daily Focus allows you to understand the USOil market, increase profit opportunities, and immediately seize the opportunity>>>

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Disclaimer: Information above can only be use for references and doesn’t represent our platform’s opinions.

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