Oil prices continue to update the lows, and the problem is no longer in the inability or unwillingness of the OPEC+ countries to agree on a reduction in oil production, but in the low demand due to the global quarantine measures in response to the COVID-19 pandemic outbreak.
The …
The COVID-19 situation forces investors to exercise caution, which is expressed in limited purchases and sales of assets. The factor of uncertainty still hangs over the markets. The expected extremely weak US employment data from ADP today and from the Department of Labor on Friday puts pressure on the …
The recovery of crude oil prices amid the extremely positive PMI in China, which rose above the key value of 50 to 52.0, may put pressure on the pair and contribute to its local decline. Rising stock indices and demand for risk assets will also contribute to this.
The …
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