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70% 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% 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 31/08/2023
Fundamental analysis
31 August, 2023
Crude Oil has broken through the $80 resistance and is currently trading at 82.03. WTI crude oil lacks clear directions while making rounds to $82.03 heading into Thursday’s European session. The black gold portrays the market’s cautious mood ahead of the key US inflation and employment clues while ignoring the heavy inventory draw and supply-crunch fears emanating from Hurricane Idalia. The price surge also comes on the heels of analyst sentiment that Saudi Arabia will rollover a voluntary oil cut of 1 million barrels per day for a third consecutive month in October adding to the cuts in place by OPEC+ and allies, led by Russia.
