Fortrade Canada Ltd. as an order-execution only dealer is not permitted to provide you with any advice or recommendations. These Market Commentaries should not be construed as a recommendation, advice or any attempt by Fortrade Canada Ltd. to prompt or influence you in making an investment decision to purchase, sell, hold or exchange any security or to influence the timing of such activity. This content is produced by Fortrade Limited which is not registered in any capacity with any securities regulatory authority in Canada.
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.
70.91% 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. 70.91% 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.
EU Session Analysis for CFD Instruments 06/09/2021
Fundamental analysis
06 September, 2021
During Asian trade, the price of crude oil fell. Saudi Arabia has lowered the price of oil for Asian buyers. In addition, data from Friday showed a much worse state of the US labor market (than expected) in August, which is not a good signal for the future consumption of the world's main energy source. The number of active oil refineries in the United States, monitored by the company Baker Hughes, showed a drop of over ten units on Friday. At around 8:10 a.m. crude oil was trading at $68,32 a barrel, which represents a decline of 0.38%.
