Events in Libya pushed the oil price up. So what's the strategy to benefit from it?
Commodities
Information is not investment advice
The oil prices experienced significant losses amid the US-Iran tensions at the beginning of the year. What's next?
Iran retaliates, Donald Trump will announce the next step by the US today. Gold flies up to $1,600 per ounce.
The Middle East tension pushes the market into a cautious mode; oil, gold, and the safe-haven currencies gain.
The American Crude Oil inventories will be announced at 18:00 MT time on December 27.
The yellow metal reached the highest levels in 6 years amid the global risk aversion.
The yellow metal could not stay for a long time near the $1,401 level.
The dovish Fed pushed the price for the yellow metal up.
The price for the yellow metal has crossed the level at $1,341.
Find out the main drivers for this week
On Wednesday, the yellow metal managed to extend gains for the fourth consecutive day, while other metals are going down…
On Tuesday, the yellow metal slumped in Asia due to the fact stocks revived having dived yesterday on American leader’s threat to increase levies on Chinese goods…