Crude oil inventories in the US are expected to show another weekly decline according to the official data, scheduled to come out at 13:30 UK time. However, preliminary estimates made by American Institute Petroleum, showed an increase of 2.2 million oil barrels, which caused the oil prices to trade lower during the day. We expect the oil prices to recover some of the loses ahead and after the stockpiles report.
USA: - US Markets Trade Sideways - Investors Take Wait and See Approach - Weekly Unemployment Claims Asia: - Yen Continues Strength - Japan GDP Lackluster - Risk Appetite Decreasing Europe: - Bank of England Happy With its Work - ECB Minimum Bid - Mario Draghi to Enter Fray Commodities: - Gold Meets Resistance - Crude Oil Inventories https://www.bullbinary.com/deposit-methods/ Risk Warning: Binary Options Trading is Risky.
Economic Calendar, September 8 2016 Watch our line-up of major economic events for Thursday September 8, 2016 at BullTrader TV: http://www.bullbinary.com/bulltrader-tv/ 11:45 AM GMT EU Minimum Rate Bid 12:30 PM GMT EU ECB Press Conference 12:30 PM GMT USA Unemployment Claims 3:00 PM GMT USA Crude Oil Inventories ====> Fund your BullBinary Account Through Any of These Methods: https://www.bullbinary.com/deposit-methods/ Risk Warning: Trading Binary Options is Risky
The International Energy Agency (IEA) announced yesterday that the oil market will take more time to rebalance than previously expected and the supply continues to outpace future oil demand. Traders reacted to the news quickly as oil prices plunged more than two percent during the European trading session. We expect the WTI oil to trade weaker today ahead of the Crude Oil Inventories report in the US.
Economic Calendar, September 14 2016 Watch our line-up of major economic events for Wednesday September 14, 2016 on BullTrader TV: http://www.bullbinary.com/bulltrader-tv/ 8:00 AM GMT UK - Claimant Count 9:00 AM GMT EU - Industrial Production 2:30 PM GMT USA - Crude Oil Inventories ====> Fund your BullBinary Account Through Any of These Methods: https://www.bullbinary.com/deposit-methods/ Risk Warning: Trading Binary Options is Risky