A fresh wave of oil

By: Miguel A. Rodriguez

11:40, 23 June 2021

1624433786.png
Australia, NZ dollars dragged lower by iron ore weakness.
  • Crude #oil prices edged lower, consolidating after recent strong gains as traders consider the possibility of additional supply hitting the market next week.
  • The Australian and New Zealand dollars fell amid further weakness in iron ore prices, as China tightens its oversight of the market and targets speculative trading and steel production.
  • #Coinbase is still tied to the fortunes of #bitcoin, even if users continue to conduct transactions regardless of whether the prices of #cryptos go up or down.

Share this article

This information prepared by capex.com/za is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation, or the particular needs of any recipient.You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation, or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.This information may not be published, circulated, reproduced, or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of capex.com/zaJME Financial Services (Pty) Ltd trading as CAPEX.COM/ZA acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via CAPEX.COM/ZA, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15.  Magnasale Trading Ltd is the principal to the CFD purchased by investors.