1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Crude Oil Tumbles as Iran Sinks Hopes of Production Freeze

Discussion in 'Commodity vs Dollar' started by capitalstars05, Mar 15, 2016.

  1. capitalstars05

    capitalstars05 New Member

    Sep 26, 2014
    Likes Received:
    On Monday, crude oil futures declined close to 4 percent after Iran sunk hopes of an organized production freeze any time soon between OPEC and non-OPEC producers. This assessment turned market sentiment bearish, encouraging investors who bought last week on the news to take profits.

    FOMC meeting on March 15 – 16. A hawkish Fed statement could force U.S. interest rates higher, helping to underpin the U.S. Dollar while pressuring the dollar-denominated gold market. A dovish Fed will be supportive for gold prices.

    Our Some Best Services Read it Here…
    Domestic Forex Intraday,
    Financial Advisory Indore, Stock Advisory Indore, Commodity Market Tips, MCX Tips, Crude oil tips, Sgx Nifty, Nifty Futures Tips
    CapitalStars Financial Research Financial Advisory Services
    www.capitalstars.com | T:+91-731-6790000,6669900
    Read More....

Share This Page