The oil market is similar to a jigsaw puzzle. The picture will not become complete until all the pieces fall into place. Last week a tsunami of development lifted the cloud of uncertainty and tangibly ameliorated investors’ sentiment.
Finally, the stars were aligned, and the market took full advantage of it. Although the news out of Frankfurt did not ruffle feathers, it did not send shockwaves across the markets either.
In today’s inter-connected trading world, where financial data is closely watched and scrutinized it is tempting to stay on the sidelines because there is an important release in a few days’ time, which might or might not shed further light on how the global economy might or might not perform...
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