Market Analysis and News
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03 May 01.57
Brent to drop the most on the weekly basis since February?
Yesterday oil prices managed to slightly rebound after a 3-day slide. Support came in the form of market expectations that the US may replenish its strategic reserves. Now Brent bulls are fighting hard to stay above yesterday’s close at ~83.50.
03 May 10.32
XAUUSD’ fate is in the hands of NFP data?
Gold prices have stabilized and are now consolidating within ~$2281-2336 range ahead of the US Non Farm Payrolls (NFP) reading.