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69% 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. 69% 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.
67.52% 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. 67.52% 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 04/10/2021
Fundamental analysis
04 October, 2021
Oil fell on Monday ahead of an OPEC+ supply policy meeting that may decide whether a recent rally in prices can be sustained as the world fitfully recovers from the COVID-19 pandemic. OPEC+, which groups the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, is scheduled to meet later in the day. The group is facing pressure from some countries to produce more to help lower prices as demand has recovered faster than expected in certain parts of the world. OPEC+ agreed in July to boost output by 400,000 barrels per day every month until at least April 2022 to phase out 5.8 million bpd of existing cuts. But four OPEC+ sources told Reuters recently that producers were considering adding more than that deal envisaged. The earliest any increase would take place would be November since OPEC+'s last meeting has decided October volumes.
