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    Copper Technical Analysis – Bearish Under $400.00

    Copper Technical Analysis – Bearish Under $400.00

    Global equities turn positive as FTSE100 breaks through resistance

    Global equities turn positive as FTSE100 breaks through resistance

    Asian equities could trade mixed as rising global bond yields and energy prices

    Asian equities could trade mixed as rising global bond yields and energy prices

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    USDMYR Technical Analysis

    Flash PMIs bring some volatility to the euro and pound crosses

    Flash PMIs bring some volatility to the euro and pound crosses

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    Copper Technical Analysis – Bearish Under $400.00

    Copper Technical Analysis – Bearish Under $400.00

    Global equities turn positive as FTSE100 breaks through resistance

    Global equities turn positive as FTSE100 breaks through resistance

    Asian equities could trade mixed as rising global bond yields and energy prices

    Asian equities could trade mixed as rising global bond yields and energy prices

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Flash PMIs bring some volatility to the euro and pound crosses

    Flash PMIs bring some volatility to the euro and pound crosses

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Home Market News Economy

Oil price slowdown due to weak environment

Carlo Alberto De Casa by Carlo Alberto De Casa
June 11, 2019
in Economy, Markets, World
Reading Time: 1 min
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The new week started on a slow pace for oil, with prices declining after the recovery seen on Thursday and Friday. This confirms a weak environment for oil despite the agreement between US and Mexico.

Investors are looking closely at developments regarding  trade talks between the US and China, while uncertainty about supply cuts is pulling down the price of crude oil.

Photo by John Cameron.

Tags: chinaOil Marketsupply cutstrade talks
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Carlo Alberto De Casa

Carlo Alberto De Casa

Chief analyst at ActivTrades and technical analyst for Italian newspaper 'La Stampa'. Carlo Alberto provides regular commentary for UK outlets including the BBC, Telegraph, the Independent Bloomberg & Reuters. He is also a weekly commentator for CNBC Italy and a columnist for La Stampa. He worked for Bloomberg as their Equity Research Fundamental Analyst before joining brokerage ActivTrades in 2011 to specialize in currency markets and commodities. In 2014 he published a 250-pages book on gold and the gold market, followed in 2018 by a new updated edition.

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