Why Property in Switzerland Remains One of Europe’s Most Sought-After Assets?
Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook
UK Wage Growth Slows Sharply, Paving the Way for Rate Cuts
Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown
Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti
CME Group’s flash data for crude oil futures markets noted traders trimmed their open interest positions by around 9.6K contracts on Monday, reaching the fourth consecutive daily drop. In the same line, volume dropped for the third straight day, this time by around 124.1K contracts.
Prices of the barrel of the WTI advanced marginally at the beginning of the week against the backdrop of diminishing open interest and volume. That said, a sustained rebound appears not favoured for the time being, leaving a potential visit to the $80.00 region on the table instead.
