The Energy Space
Energy Price Outlook
We'd maintain a neutral bias in today's trade after Friday's rally stalled yesterday. The market flip-flopped yesterday between changing interpretations of the Fed and ECB and may continue to do so leading up to Thursday's ECB meeting. Focus will also be on support from ongoing production outages in the Gulf of Mexico, Friday's COT data, ongoing fear of an Israeli strike on Iran's nuclear facilities, development of a European bond buying program, and increased speculation over further Fed easing. ...2295 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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