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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.
70.91% 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 08/06/2023
Fundamental analysis
08 June, 2023
Oil prices dipped on Thursday as demand concerns tied to a global economic slowdown overshadowed a pending fall in supply with Saudi Arabia's pledged output cuts. Both benchmarks settled up by about 1% on Wednesday, supported by Saudi Arabia's plans for deep output cuts, though price gains remain capped by rising U.S. fuel stocks and weak Chinese export data. U.S. crude inventories unexpectedly fell by 451,000 barrels in the week against an expected build of 1 million, as refiners churned out fuel to the highest level since 2019 during the Memorial Day holiday. But gasoline inventories climbed by 2.7 million barrels in the week, the EIA said Wednesday, higher than analyst expectations for a 880,000 barrel rise which analysts said were disappointing considering the memorial day weekend.
