Understanding the Latest Trading Trends and Updates by AMarkets
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Thread: Understanding the Latest Trading Trends and Updates by AMarkets

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    thanks for the info

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Understanding the Latest Trading Trends and Updates by AMarkets

    1 month ago we saw a surge in oil prices as demand from China continues to rise. Brent crude is currently trading at $82.50 per barrel, and prices are being supported by recovering business activity in China, which is boosting demand for oil from the world's leading consumer. There are also reports from Russian oil producers that the discount on Brent crude should begin to decrease against the backdrop of changes in national legislation in terms of taxation.


    Specifically, it has been confirmed that Russia's tax on oil exports will be reduced from $34 per barrel to $25 per barrel between April and July, a move that is expected to cause an even greater reduction in the world's oil supply. Market participants believe that this decision could lead to further growth in oil prices.


    Meanwhile, the Euro remains under pressure from the strength of the dollar, with EUR/USD consolidating near 1.06. The focus of investors is the publication of the minutes of the last February meeting of the US Federal Reserve, which confirmed the intention of officials to continue raising interest rates. Inflation is still well above the target level of 2%, and the labor market is very strong, which puts pressure on wages and prices.


    In other news, GBP/USD is holding position near the 1.20 level, with support in the absence of significant economic releases. The movement of the bound is being driven by external factors, including international expectations for UK businesses and households for the coming year, which remain too high for the regulator to be sure of a quick return to the 2% target. The latest job numbers suggest that a tight labor market will continue to be a source of domestic inflation pressure for several months, while inflation remains in double digits and is more than five times the Bank of England's target.


    That's all for now. Stay tuned for further updates on the financial markets.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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