Oil Price Highs

Economic News
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Oil Price Highs

US stock indices were down over the last week, against the backdrop of tensions between the US and China. The possibility of mutual trade taxes can affect the action of the two countries. The Chinese authorities say that the first pass can get American companies who have manufacturing operations in China, such as Apple, Intel, Boeing.

There was also an agreement between the United States and South Korea on a six-year bilateral trade deal, which will mitigate trade tariffs between the two countries.

Oil from the beginning of today's trading retreated from recent highs. Last week the price of Brent crude rose above the $70 mark per barrel. After the rocket attack of Iran on Saudi Arabia, the United States will accelerate out of the nuclear deal with Iran, which would entail new sanctions and falling supply in the black gold.

New data released from the US shows record growth of production and an increase the number of drilling to a mark of 804 pieces.

SuperForex
Market Overview March 26

Economic News

Market Overview March 26

See what's in store for some of the major trading instruments this week.

SuperForex
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China Ready to Accept the Challenge

Economic News

China Ready to Accept the Challenge

SuperForex
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Trump Adds More Tariffs

Economic News

Trump Adds More Tariffs

The US plans to hit China hard with new tariffs, which has shocked the global markets once again.

SuperForex
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