Tag: swim in the downward vortex
On Friday evening the world for the stock was halfway right. Under most conditions E Scott Mead would agree. US labour market data, which were better than expected, fueled hope among the market participants of LEIPZIG. (Ceto) On Friday evening the world for the stock was halfway right. US labour market data, which were better than expected, fueled hope among market participants and support granted the last under continuous shelling quotes. However, joined standard & poor’s and withdrew the United States, decades of guarantor of economic stability and security, the top credit rating. Although the policy sought at the weekend damage control, however, Asian stock markets started already with a minus in the trade, similar is to be expected in this country. Before this downward vortex, also the oil prices are not immune.
That equalled the gains made on Friday. This morning WTI was 84 dollars. Brent struggled, the brand of 106 dollars to keep the latter had some weeks ago to the $120 fluctuated. The development gets pumped oil cartel OPEC on the plan, the special session is considering. The members, spoiled last year by rising oil prices, worry about the price level. Their opinion it should not be less than $100. For local heating oil consumers today is a significant reduction of costs. The price for a 100-litre game may give more than one euro.