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Oil traders have faith

Miguel A. Rodriguez
Miguel A. Rodriguez
14 September 2020

  • U.S. stocks jumped and the S&P 500 breached 3,000 point as a revival in business activity helped investors overlook simmering Sino-U.S. tensions
  • Speculative US Dollar shorts get slashed as investors turned defensive on risk-sensitive currencies amid US-China tensions
  • Oil prices rose, supported by growing confidence that producers are following through on commitments to cut supplies 

The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation.Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.