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  • Best Brokers Worldwide
  • Brokers News
    Renowned Market Analyst Jameel Ahmad Joins NAGA as Director of Investment Strategy

    Renowned Market Analyst Jameel Ahmad Joins NAGA as Director of Investment Strategy

    Capital.com – Bringing Smart Trading to the Masses

    Capital.com – Bringing Smart Trading to the Masses

    Gulf Brokers Has Launched Its NewestTrading App

    Gulf Brokers Has Launched Its NewestTrading App

    SimpleFX is the First Forex Broker to Offer Chainlink

    SimpleFX is the First Forex Broker to Offer Chainlink

    SquaredFinancial Strengthens Client’s Fund Security

    SquaredFinancial Strengthens Client’s Fund Security

    Pound’s Slide Continues

    Pound’s Slide Continues

    Oil Rally Halts as Oil Stockpiles Increase

    Oil Rally Halts as Oil Stockpiles Increase

    Inflation Pressure Increases in China

    Inflation Pressure Increases in China

    Euro Gains Ground ahead of ECB

    Euro Gains Ground ahead of ECB

  • Commodities
    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    US Open – Waking From a Stimulus Induced Dream – Oil, Gold and BTC in Focus

    US Open – Waking From a Stimulus Induced Dream – Oil, Gold and BTC in Focus

    Shell Impairments Support Bearish Market

    Shell Impairments Support Bearish Market

  • Forex
    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐖𝐞𝐞𝐤 𝐀𝐡𝐞𝐚𝐝 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐨𝐫, 𝐄𝐔𝐑/𝐆𝐁𝐏 𝐓𝐮𝐦𝐛𝐥𝐢𝐧𝐠

    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐖𝐞𝐞𝐤 𝐀𝐡𝐞𝐚𝐝 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐨𝐫, 𝐄𝐔𝐑/𝐆𝐁𝐏 𝐓𝐮𝐦𝐛𝐥𝐢𝐧𝐠

    𝐄𝐮𝐫𝐨 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐭𝐨 𝐄𝐱𝐭𝐞𝐧𝐝 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐐𝟒 𝐆𝐃𝐏 𝐏𝐫𝐢𝐧𝐭

    𝐄𝐮𝐫𝐨 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐭𝐨 𝐄𝐱𝐭𝐞𝐧𝐝 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐐𝟒 𝐆𝐃𝐏 𝐏𝐫𝐢𝐧𝐭

    𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐋𝐚𝐭𝐞𝐬𝐭: 𝐔𝐒𝐃/𝐉𝐏𝐘 𝐏𝐥𝐚𝐲𝐬 𝐑𝐚𝐧𝐠𝐞, 𝐔𝐒/𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐮𝐫𝐟𝐚𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐔𝐃/𝐉𝐏𝐘

    𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐋𝐚𝐭𝐞𝐬𝐭: 𝐔𝐒𝐃/𝐉𝐏𝐘 𝐏𝐥𝐚𝐲𝐬 𝐑𝐚𝐧𝐠𝐞, 𝐔𝐒/𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐮𝐫𝐟𝐚𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐔𝐃/𝐉𝐏𝐘

    𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐏𝐨𝐮𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐁𝐏/𝐔𝐒𝐃, 𝐆𝐁𝐏/𝐉𝐏𝐘, 𝐄𝐔𝐑/𝐆𝐁𝐏

    𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐏𝐨𝐮𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐁𝐏/𝐔𝐒𝐃, 𝐆𝐁𝐏/𝐉𝐏𝐘, 𝐄𝐔𝐑/𝐆𝐁𝐏

    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐁𝐥𝐞𝐚𝐤 𝐚𝐬 𝐓𝐫𝐚𝐝𝐞𝐫𝐬 𝐑𝐮𝐬𝐡 𝐟𝐨𝐫 𝐔𝐒 𝐃𝐨𝐥𝐥𝐚𝐫𝐬

    𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐭𝐚 𝐭𝐨 𝐃𝐢𝐜𝐭𝐚𝐭𝐞 𝐔𝐒𝐃/𝐂𝐀𝐃, 𝐂𝐀𝐃/𝐉𝐏𝐘

    𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐭𝐚 𝐭𝐨 𝐃𝐢𝐜𝐭𝐚𝐭𝐞 𝐔𝐒𝐃/𝐂𝐀𝐃, 𝐂𝐀𝐃/𝐉𝐏𝐘

  • Cryptocurrencies
    The Crypto Daily – Movers and Shakers – September 21st, 2020

    The Crypto Daily – Movers and Shakers – September 21st, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – September 20th, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – August 22nd, 2020

    The Crypto Daily – Movers and Shakers – August 22nd, 2020

    The Crypto Daily – Movers and Shakers – August 6th, 2020

    The Crypto Daily – Movers and Shakers – August 6th, 2020

  • Economic
    𝐄𝐔𝐑/𝐔𝐒𝐃 𝐓𝐎 𝐒𝐋𝐔𝐌𝐏 𝐈𝐅 𝐓𝐑𝐔𝐌𝐏 𝐒𝐓𝐀𝐘𝐒 𝐈𝐍 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋

    𝐄𝐔𝐑/𝐔𝐒𝐃 𝐓𝐎 𝐒𝐋𝐔𝐌𝐏 𝐈𝐅 𝐓𝐑𝐔𝐌𝐏 𝐒𝐓𝐀𝐘𝐒 𝐈𝐍 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋

    𝐔𝐒𝐃/𝐂𝐀𝐃 𝐒𝐋𝐈𝐃𝐄𝐒 𝐓𝐎 𝐓𝐖𝐎-𝐖𝐄𝐄𝐊 𝐋𝐎𝐖𝐒 𝐀𝐌𝐈𝐃 𝐒𝐎𝐅𝐓𝐄𝐑 𝐔𝐒𝐃, 𝐑𝐀𝐋𝐋𝐘𝐈𝐍𝐆 𝐎𝐈𝐋 𝐏𝐑𝐈𝐂𝐄𝐒

    𝐔𝐒𝐃/𝐂𝐀𝐃 𝐒𝐋𝐈𝐃𝐄𝐒 𝐓𝐎 𝐓𝐖𝐎-𝐖𝐄𝐄𝐊 𝐋𝐎𝐖𝐒 𝐀𝐌𝐈𝐃 𝐒𝐎𝐅𝐓𝐄𝐑 𝐔𝐒𝐃, 𝐑𝐀𝐋𝐋𝐘𝐈𝐍𝐆 𝐎𝐈𝐋 𝐏𝐑𝐈𝐂𝐄𝐒

    US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend

    US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend

    US Stocks Sink as Tech Stocks Extend Recent Decline

    US Stocks Sink as Tech Stocks Extend Recent Decline

    U.S. Stocks Mixed After Yesterday’s Sell-Off In Tech Shares

    U.S. Stocks Mixed After Yesterday’s Sell-Off In Tech Shares

    Biden Widens the Gap as Swing State Fence Sitters Take a Stand

    Biden Widens the Gap as Swing State Fence Sitters Take a Stand

  • Home
  • Education
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    • Elementary
    • Middle School
    • Summer School
    • High School
    • Undergraduate – Freshman
    • Undergraduate – Sophomore
    • Undergraduate – Junior
    • Undergraduate – Senior
    • Graduation
  • Best Brokers Worldwide
  • Brokers News
    Renowned Market Analyst Jameel Ahmad Joins NAGA as Director of Investment Strategy

    Renowned Market Analyst Jameel Ahmad Joins NAGA as Director of Investment Strategy

    Capital.com – Bringing Smart Trading to the Masses

    Capital.com – Bringing Smart Trading to the Masses

    Gulf Brokers Has Launched Its NewestTrading App

    Gulf Brokers Has Launched Its NewestTrading App

    SimpleFX is the First Forex Broker to Offer Chainlink

    SimpleFX is the First Forex Broker to Offer Chainlink

    SquaredFinancial Strengthens Client’s Fund Security

    SquaredFinancial Strengthens Client’s Fund Security

    Pound’s Slide Continues

    Pound’s Slide Continues

    Oil Rally Halts as Oil Stockpiles Increase

    Oil Rally Halts as Oil Stockpiles Increase

    Inflation Pressure Increases in China

    Inflation Pressure Increases in China

    Euro Gains Ground ahead of ECB

    Euro Gains Ground ahead of ECB

  • Commodities
    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    US Open – Waking From a Stimulus Induced Dream – Oil, Gold and BTC in Focus

    US Open – Waking From a Stimulus Induced Dream – Oil, Gold and BTC in Focus

    Shell Impairments Support Bearish Market

    Shell Impairments Support Bearish Market

  • Forex
    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐖𝐞𝐞𝐤 𝐀𝐡𝐞𝐚𝐝 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐨𝐫, 𝐄𝐔𝐑/𝐆𝐁𝐏 𝐓𝐮𝐦𝐛𝐥𝐢𝐧𝐠

    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐖𝐞𝐞𝐤 𝐀𝐡𝐞𝐚𝐝 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐨𝐫, 𝐄𝐔𝐑/𝐆𝐁𝐏 𝐓𝐮𝐦𝐛𝐥𝐢𝐧𝐠

    𝐄𝐮𝐫𝐨 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐭𝐨 𝐄𝐱𝐭𝐞𝐧𝐝 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐐𝟒 𝐆𝐃𝐏 𝐏𝐫𝐢𝐧𝐭

    𝐄𝐮𝐫𝐨 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐭𝐨 𝐄𝐱𝐭𝐞𝐧𝐝 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐐𝟒 𝐆𝐃𝐏 𝐏𝐫𝐢𝐧𝐭

    𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐋𝐚𝐭𝐞𝐬𝐭: 𝐔𝐒𝐃/𝐉𝐏𝐘 𝐏𝐥𝐚𝐲𝐬 𝐑𝐚𝐧𝐠𝐞, 𝐔𝐒/𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐮𝐫𝐟𝐚𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐔𝐃/𝐉𝐏𝐘

    𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐋𝐚𝐭𝐞𝐬𝐭: 𝐔𝐒𝐃/𝐉𝐏𝐘 𝐏𝐥𝐚𝐲𝐬 𝐑𝐚𝐧𝐠𝐞, 𝐔𝐒/𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐮𝐫𝐟𝐚𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐔𝐃/𝐉𝐏𝐘

    𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐏𝐨𝐮𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐁𝐏/𝐔𝐒𝐃, 𝐆𝐁𝐏/𝐉𝐏𝐘, 𝐄𝐔𝐑/𝐆𝐁𝐏

    𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐏𝐨𝐮𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐁𝐏/𝐔𝐒𝐃, 𝐆𝐁𝐏/𝐉𝐏𝐘, 𝐄𝐔𝐑/𝐆𝐁𝐏

    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐁𝐥𝐞𝐚𝐤 𝐚𝐬 𝐓𝐫𝐚𝐝𝐞𝐫𝐬 𝐑𝐮𝐬𝐡 𝐟𝐨𝐫 𝐔𝐒 𝐃𝐨𝐥𝐥𝐚𝐫𝐬

    𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐭𝐚 𝐭𝐨 𝐃𝐢𝐜𝐭𝐚𝐭𝐞 𝐔𝐒𝐃/𝐂𝐀𝐃, 𝐂𝐀𝐃/𝐉𝐏𝐘

    𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐭𝐚 𝐭𝐨 𝐃𝐢𝐜𝐭𝐚𝐭𝐞 𝐔𝐒𝐃/𝐂𝐀𝐃, 𝐂𝐀𝐃/𝐉𝐏𝐘

  • Cryptocurrencies
    The Crypto Daily – Movers and Shakers – September 21st, 2020

    The Crypto Daily – Movers and Shakers – September 21st, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – September 20th, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – August 22nd, 2020

    The Crypto Daily – Movers and Shakers – August 22nd, 2020

    The Crypto Daily – Movers and Shakers – August 6th, 2020

    The Crypto Daily – Movers and Shakers – August 6th, 2020

  • Economic
    𝐄𝐔𝐑/𝐔𝐒𝐃 𝐓𝐎 𝐒𝐋𝐔𝐌𝐏 𝐈𝐅 𝐓𝐑𝐔𝐌𝐏 𝐒𝐓𝐀𝐘𝐒 𝐈𝐍 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋

    𝐄𝐔𝐑/𝐔𝐒𝐃 𝐓𝐎 𝐒𝐋𝐔𝐌𝐏 𝐈𝐅 𝐓𝐑𝐔𝐌𝐏 𝐒𝐓𝐀𝐘𝐒 𝐈𝐍 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋

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Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

Reuters reported that oil producers led by Saudi Arabia and Russia reached a deal in principle on Thursday to cut output by an extra 500,000 barrels a day in the first quarter of 2020 but stopped short of pledging action beyond March.

September 23, 2020
in Commodities
Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday
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The energy markets were at the forefront on Thursday as OPEC’s two-day meeting in Vienna kicked off and the U.S. government released its natural gas weekly storage report. Crude oil prices whipsawed as traders reacted to reports of production cuts ranging from 400,000 to 500,000 barrels per day. Meanwhile, natural gas managed to eke out a small gain despite a smaller-than-expected draw down.

Crude Oil

Thursday’s two-sided price action was understandable since discussions included the size of the production cuts, the length of the new deal and compliance with the production policy.

On Thursday, January WTI crude oil settled at $58.43, unchanged. February Brent crude oil finished at $63.39, up $0.39 or +0.62%.

Background

The 14 OPEC members and 10 major producers make up a 24-country group known as OPEC+. Since the beginning of the year, they have pledged to cut output by 1.2 million barrels, with the current deal scheduled to run through March 2020.

Production cuts were first implemented in January 2017 in an attempt to stabilize prices and trim global inventories in response to the rapid rise in U.S. shale oil production.

Ahead of the Meeting

According to reports, Iraq was said to be pushing for a 400,000 barrel a day production cut on top of the existing agreement for cuts of 1.2 million barrels per day.

Additionally, Russian energy minister Alexander Novak said that OPEC+ was discussing a larger-than-expected 500,000 barrel a day production cut for the first quarter of 2020.

More Details Coming after Non-OPEC Producers Meeting on Friday

Reuters reported that oil producers led by Saudi Arabia and Russia reached a deal in principle on Thursday to cut output by an extra 500,000 barrels a day in the first quarter of 2020 but stopped short of pledging action beyond March.

Details of the agreement and how the cuts will be distributed among producers still need to be ratified at a meeting in Vienna of OPEC and non-OPEC nations on Friday.

Natural Gas

The U.S. Energy Information Administration (EIA) reported Thursday that domestic supplies of natural gas fell by 19 billion cubic feet for the week-ended November 29. This was slightly below the 22 Bcf consensus estimate.

On Thursday, January natural gas settled at $2.427, up $0.028 or +1.17%.

Since the 19 Bcf pull was within the range of estimates, traders called the number “neutral”. Traders weren’t expecting much of a reaction to the number since it may have been skewed by last week’s Thanksgiving holiday.

The focus for traders now shifts to next week’s report that is expected to be much tighter. Traders are hoping the U.S. and European weather models start to offer some clarity after a week where the U.S. model showed cold and the European model trended warmer.

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