Markets Its going from bad to worse with the EMU economy. According to the Flash PMI, activity contracted in September for the first time since February. The headline composite index slipped from 51 to 48.9 , substantially below the 50.5 expected. Germany fell further in contraction territory (47.2 from 48.4). Activity in France is deflating […]
Dec 04, 2024
WTI Crude Oil Rises Towards Downtrend Line
WTI crude oil meets 70.00 level Remains in trading range in short-term Broader outlook is still bearish WTI crude oil prices have seen a notable bullish reaction during yesterday’s session, almost testing the medium-term descending trend line near 70.40. The commodity has battled several times with the diagonal line over the last month, but it is […]
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