Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities



29.08.2013 15:41

Oil: an overview of the market situation

Oil prices fell , departing from a two-year high as the prospect of an imminent attack on Syria has decreased, and better-than- expected economic data in the U.S. suggest that the Federal Reserve will cut back its program to purchase assets .

Prices fell by 1.4 %, as the United Kingdom and France have said they are awaiting the outcome of an investigation by the United Nations , who shall verify that the use of Syria's chemical weapons.

Add that Syrian President Bashar al-Assad said on August 29 that Syria would defend itself against any aggression from the West. It is reported by Reuters . The Syrian leader made ​​such a statement after reports that the U.S. and its allies are preparing a military strike in response to the alleged chemical attack near Damascus .

On the eve of the UN Security Council failed to authorize an attack on Syria. However , following yesterday's emergency meeting of the NATO Council NATO Secretary General Anders Fogh Rasmussen has actually confirmed fast start military operations against Damascus.

Most experts agree that an attack on Syria will be done on Friday night . In support of this prediction is the fact that on Thursday scheduled an emergency meeting of the British Parliament , called to approve the strike against Syria . It will end at 23:00 Kyiv time.

With respect to data , the attention was focused on the many today to report on the GDP . The Ministry of Labour stated that reflect changes in import and export of the U.S. economy grew in the second quarter, more than previously estimated. Increase was due to an upward revision in exports and business investment. The report showed that GDP grew by 2.5 percent in the second quarter , reflecting an upward revision from the initial estimate of 1.7 percent growth . Economists had expected a somewhat less strong upward revision in the GDP growth rate to 2.3 percent.

The cost of the October futures on U.S. light crude oil WTI (Light Sweet Crude Oil) fell to $ 109.38 a barrel on the New York Mercantile Exchange.

October futures price for North Sea Brent crude oil mixture fell to $ 115.98 a barrel on the London exchange ICE Futures Europe.

Market Focus

  • Donald John Trump will be the 45th president of the United States
  • Britain can't get full single market access with free movement concessions - Merkel
  • China: Trade Balance, bln, October 49.6 (forecast 51.7)
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
23
24
25
26
27
28
29
30
31

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Служба технической поддержки:
8-800-200-31-00, support@teletrade-dj.com

  • Онлайн-консультация
  • Заказать звонок
  • Написать письмо
Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page