Oil sees a green wave

By: Miguel A. Rodriguez

09:45, 14 September 2020

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Wall Street Jumps on Fed’s corporate bond purchase announcement

Wall Street jumped following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence

 USD, crude oil and #Euro may all be at the mercy of political risks this week from Powell’s testimonies and an EU summit

 Oil prices rose amid signs that the fuel demand was recovering while OPEC+ members were complying with a production cut deal

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Most affected instruments

OIL

$ 10