International oil prices fell on Tuesday 1. Refreshes the three-week low 4%

by:Lisson     2020-11-10
Automobil plastic net news: New York crude oil futures fell three consecutive trading day on Tuesday, U. S. consumer confidence index fell, combined with the market for China's economic growth is slowing are
concerns affect energy demand outlook.
the New York mercantile exchange on September delivery of light crude oil futures closed down 1 on Tuesday. $47 to $103 a barrel. The euro dollar, drop to 1. 4%. This is the light of the original September delivery
the first time since July 9 oil futures closed at $104 a barrel, below is the lowest closing price since July 8, refresh the three-week low.
the European commission ( (它们) In July, according to data released on Tuesday in the euro zone enterprises and consumers are becoming less gloomy about future, but by historical
standards, confidence remains weak, they are unlikely to significantly increase the point of spending enough to promote economic growth.
data showed that the euro zone economic sentiment index since June of 91 in July. 3 to 92. 5, the highest since April 2012, the market had expected to rise to 92. 6. This is the refers to the number of
the third month in a row, suggest business investment, consumer spending will increase.
CMCMarkets RicSpooner, chief market analyst, said oil prices are quite stable, but this week there are multiple events, is expected to dealers are prepared to wait for the release of
data. So some extent the market is quite stable, but there is the risk of falling.
HSBC ( HSBC) Comment, said investors now all aimed at the federal reserve interest rate meeting, trying to find good gold from the presentation of quantitative easing
can last long. This week there are other big events, such as the us inflation data on Wednesday and Friday's non-farm payrolls data. Fed from quantitative easing
time accurately is not expected to make a decision on the policy meeting, and the next two months employment data and inflation report will be on whether the fed will be announced in September or December started
to reduce impact of quantitative easing.
in addition, Beijing time at 04:30 on Wednesday, the United States will be released on July 26th week API oil inventories; 22:30 will be released on July 27, the week EIA crude oil inventories.
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