MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Global macro overview for 11/11/2015

Global macro overview for 11/11/2015:

Yesterday's API crude inventories data revealed another increase in the stockpiles to the level of 6.3 million barrels for the week ended November 6. Market expectations were much softer with the average expected number at the level of 500K, a nice decrease from last week reading of 2.8 million. The data showed that the global crude market is still oversupplied and lower oil prices are anticipated.

The crude is trading just above the technical support level of 43.56. The next support is seen at the level of 42.57 and the next resistance is seen at the level of 45.11.

oil.jpg

The material has been provided by InstaForex Company - www.instaforex.com