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71% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
70.41% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.
US Session Analysis for CFD Instruments 12/11/2021
Fundamental analysis
12 November, 2021
Oil prices fell on Friday, wiping out gains from the previous session as the dollar continued to firm on expectations that the U.S. central bank will bring forward an increase to interest rates in an effort to tame inflation. Both benchmark crude contracts were poised to end the week lower after sharp swings driven by a strengthening dollar and speculation on whether the Biden administration might release oil from the U.S. Strategic Petroleum Reserve to cool prices. There are positive signs on the demand side, with air travel picking up rapidly, but tighter monetary and fiscal policy and the looming northern hemisphere winter will act as a dampener. The Organization of the Petroleum Exporting Countries (OPEC) on Thursday cut its world oil demand forecast for the fourth quarter by 330,000 barrels per day (bpd) from last month's forecast as high energy prices hamper recovery from the economic fallout from the COVID-19 pandemic.
