Last Added

Traders started to sell their positions on riskier assets in forex market after Trump's surprising victory against Clinton. Oil futures contracts fell 4.3% in New York. Asian markets and U.S. equities index futures contracts collapsed, also the Mexican peso decreased strongly.The demand for safe assets such as Treasury bonds and gold has increased.American Petroleum Institute announced U.S. crude oil supply increased 4.4 million barrels in previous year. Brent oil futures contracts for January decreased to 44.40 USD level in London. The general expectation of oil prices after the surprising result of USA Presidental Election, will be a bit negative direction. Many experts are thinking the oil prices could decrease by 2 or 3 USD in the near future.

Comment Send