The hottest NYMEX crude oil closed long and short,

2022-08-13
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(NYMEX crude oil closing) long and shallow taste. U.S. crude oil rose after breaking the low point on Thursday

(NYMEX crude oil closing) long and shallow taste. U.S. crude oil rose after breaking the low point on Thursday

january 30, 2015

[China paint information] both sides of the crude oil long and short taste on Thursday. The daily line closed with a cross star and trading volume fell for days, and the price rose to the overnight closing level after breaking the low point. NYMEX crude oil futures rose US $0.08, or 0.18%, to US $44.53/barrel

this kind of experimental machine has a wide speed range of conventional electronic universal experimental machine. Description of the trend on Thursday (January 29):

crude oil price in the day was at 44 The 64 range fluctuated in a narrow range. During the North American period, the oil price once rose and broke the intraday high of $44.96, but it was soon blocked by the short side, and the price fell below $44 all the way, breaking the multi-year low to $43.58/barrel again. However, the short side was also not confident enough to form a unilateral market, and the oil price finally rebounded and rose slightly by 8 cents

nymex crude oil futures hit a maximum of $44.96 per barrel and a minimum of $43.58 per barrel

positive Fundamentals:

boosted by the European Central Bank's asset purchase plan of more than trillion euros last week, the euro zone economic boom index rose for the first time in three months. Data released by the European Commission on Thursday (January 29) showed that the economic climate index of the euro zone rose to 101.2 in January, with an expected 101.5, and the previous value was revised to 100.6

fundamentals negative factors:

on Thursday (January 29), the Bank of Denmark lowered the deposit rate from -0.35% to -60 ~ 100hrf0.5%, which is the third reduction in the bank in ten days. The last interest rate cut was on the same day that the European Central Bank announced the launch of quantitative easing. Last Thursday, Denmark announced that the deposit interest rate would be reduced from -0.2% to -0.35%, and the loan interest rate would remain unchanged. Earlier in the day, the European Central Bank announced the launch of quantitative easing (QE), with monthly asset purchases increasing to 60billion euros. On Monday 19th, Denmark reduced the deposit interest rate from -0.05% to -0.2% and the loan interest rate from 0.2% to 0.05%

after the Federal Reserve announced its interest rate resolution overnight, the market digested that the Federal Reserve had not changed its attitude towards raising interest rates during the year, and the dollar strengthened to 95

Outlook:

Credit Suisse analysts David Hewitt and shew Heng Tan brought about 30000 tons of lithium concentrate in their report on Wednesday (January 28). They said that they would reduce the 2015 Brent crude oil price forecast by nearly 23%, and also reduce their forecast for 2016, referring to the sharp decline in the oil market. Credit Suisse lowered its 2015 Brent crude oil price forecast from $75 to $58/barrel, and lowered its 2016 forecast from $80 to $76/barrel

Barclays lowered the price of Brent crude oil from $72.0 to $44.0/barrel. Due to the refusal of the organization of Petroleum Exporting Countries (OPEC) to reduce production, the domestic production of non OPEC oil increased and the growth rate of demand slowed down. Barclays lowered its 2015 US crude oil (WTI) average price forecast from US $66.00/barrel to US $42.00/barrel

the report released by Goldman Sachs predicts that U.S. crude oil (WTI) will be traded around $40/barrel for most of the first half of 2015, which is the most pessimistic prediction among large investment banks

focus:

Friday (January 30)

07:30 Japan's December national consumer price index

07:30 Japan's December unemployment rate

08:30 Australia's fourth quarter producer price index

18:00 the initial value of the euro zone's January harmonized consumer price index

the share of exports to emerging countries will also be greatly increased

21:30 the initial value of the United States' fourth quarter personal consumption expenditure price index

21:30 the initial value of the United States' fourth quarter real GDP

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