The Head of Investment Research at FX Primus Marshall Gittler explains how the demand and the seasonals affect the price in the oil.
Gittler also explains how the Weekly API & EiA inventory reports work and what are the differences between these two releases.
Watch the full webinar: Introduction to oil: Background to the market and outlook for the price
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Editors’ Picks
EUR/USD struggles around 1.21 amid sour market mood
EUR/USD has extended its falls and struggles around 1.21 as the risk-off mood and elevated US bond yields favor the dollar. President Biden's stimulus bill ran into a snag. The Fed's preferred inflation measure and end-of-month flows are eyed.
GBP/USD tumbles below 1.39 as the dollar storms the board
GBP/USD has fallen sharply, trading below 1.39 and down some 350 pips from the highs. The US dollar picks up bids as the bond market rout seems to resume. BOE Governor Bailey expects a negative first quarter for the economy.
USD/JPY: Bulls maintain the pressure, 107.00 at sight
Soaring US Treasury yields and falling equities keep leading currencies. Japanese data came in slightly better than expected, indicated slowing economic progress. USD/JPY is technically bullish near fresh 2021 highs, could run past 107.00.
S&P 500 Day Ahead Outlook: Inflation fears see bears back bashing
An ugly day for stock markets on Thursday as the dirty word inflation reared its head again. Just when you thought Powell had killed off the thought, it came back stronger in the sequel!
Gold melts below $1,750, lowest in 8 months amid high Treasury yields
Gold (XAU/USD) has been extending its downfall as elevated bond yields make the precious metal – which provides no returns – less attractive.
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