The US Payrolls Bring New Hope for Gold
The Us Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on June 3, 15:30 MT time (GMT+3).
How will OPEC-JMMC Meetings Affect Oil Prices?
Information is not investment advice
What will happen?
OPEC-JMMC meetings will be hosted on Thursday, December 2 during the whole day.
OPEC-JMMC meetings are attended by representatives from the 13 OPEC members and 11 other oil-rich nations. They will discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
The last time the global supply was not changed, XBR/USD lost $3.5.
How to trade on OPEC-JMMC meetings?
- If the supply increases, the oil will likely weaken.
- If the supply decreases, the oil will likely strengthen.
Instruments to trade: XBR/USD, XTI/USD.
Similar
The OPEC Meeting May Push Oil to $150
The Organization of Petroleum Exporting Countries will hold a meeting on June 2.
The First Oil Decision of 2022
Organization of the Petroleum Exporting Countries (OPEC) is scheduled to meet on January 4.
Popular
The Most Important News For Today
News is always important part of the market. What do we expect today?
The Most Important News For Today
Credit Suisse's collapse is in focus. What are the consequences of this problem? Let's discuss it here.
Crucial News For The Following Week
In this review, we will discuss important news for the following week. What will affect the financial markets soon? How will the main currency pairs react?
Choose your payment system
