Key insights from the week that was. In Australia, the February Labour Force Survey provided a major surprise relative to market expectations. The main result was a significant contraction in the size of the labour force, seeing the participation rate fall from 67.2% to 66.8% – declines of this magnitude having only occurred in 11 […]
WTI oil price hits new seven-week high on Friday, keeping firm tone and on course for the second consecutive weekly gain. Improving demand was signaled by fall in the US fuel inventories, as summer driving season in the world’s biggest oil consumer starts, while growing tensions in the Middle East revive supply fears, with both […]
The post WTI Oil: Rising Demand and Geopolitical Tensions Continue to Inflate Price appeared first on Action Forex.
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