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
Editors’ Picks
AUD/USD creeps lower ahead of RBA’s decision, Fed meeting in focus
The Australian Dollar begins the Asian session, clocking minuscule losses of 0.02% against the US Dollar as market participants prepare for the Reserve Bank of Australia monetary policy decision. The RBA is expected to hold rates unchanged amid mixed opinions among economists on the central bank's first rate cut.
USD/JPY holds steady above 149.00 mark ahead of the crucial BoJ policy decision
USD/JPY oscillates in a range during the Asian session on Tuesday as traders keenly await the highly-anticipated Bank of Japan policy decision. The Japanese central bank's outlook on the negative interest rate policy and the Yield Curve Control (YCC) will play a key role in influencing the domestic currency.
Gold stays afloat despite high US yields as traders focus on Fed policy
Gold sees a modest increase, as investors watch this week's central bank meetings. Focus remains on the Federal Reserve, where a hawkish stance could potentially impact XAU/USD price while bolstering the US Dollar.
Avalanche price could rise 20% on gaming narrative ahead of GDC conference
Avalanche is an outlier on Monday, rallying while the broader market is crashing. It has outperformed Bitcoin price, as well as meme and AI crypto coins, sectors that have been thriving of late.
Bank of Japan Preview: BoJ looks set to end negative interest rates after strong wage growth
The Bank of Japan will announce its monetary policy decision on Tuesday, pretty much at the same time that the Reserve Bank of Australia will do the same. Central banks stand out this week, which will also include the decisions of the US Federal Reserve and the Bank of England.
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