火豹电竞比赛押注登陆

So far this year, the WTI has gained 33.5%, and the Brent 35.3% – but they are still down from their peak of 2014

After touching its highest level in July 2016, close to 1380 dollars per ounce, Gold began to weaken and on Tuesday experienced its strongest decline in 3 years - a drop of nearly 3%.

Oil continued to rise during the Asian session this Friday. Yesterday, prices jumped in the hope of the oil market rebalancing in the second half of 2017.

Global markets opened 2016 in tense mood reminding investors that the big themes of last year haven’t gone away. The Chinese economic slowdown and the commodities story continue to have huge ramifications across global markets and currencies in particular.

The Australian dollar was also in upbeat mood. Yesterday’s meeting of the Reserve Bank kept interest rates on hold at 2 percent (as widely expected) for the sixth month. The weakness in US fundamentals gave traders an excuse to buy the beaten down Aussie again.

A recovery in GBP/USD was set into reverse on Monday on further evidence that the UK economy is cooling. The services sector, the main cornerstone of the economy, weakened significantly in September.

Cable looks set for another down week again. GBP/USD was testing five month lows today as bearish sentiment continues to weigh on the UK pound.

GBP/USD was testing the lower range at 1.51 with upward breaks of any size being quickly sold down again. Mark Carney, governor of the Bank of England declined to offer any support to the Pound in his speech yesterday. Instead Mr Carney focused on the global economy and the impact of climate change.

GBP/USD was showing negative sentiment early on and began drifting to the downside. The pair dipped as low as 1.5127 reaching a five month low before staging a minor recovery rally.

Commodities opened the week on a bearish note. Crude oil futures tumbled one US dollar to $47. Copper and other industrial metals also resumed their persistent downwards trajectory.