Binary Options News

Review of trading on the Asian-Pacific Region commodity markets: quotations for gold are confidently added due to the FRS strategy
Paradoxically, the recent critical tweets of the White House owner regarding the FRS monetary policy have positively influenced the dynamics of gold quotes. If President Trump intended to positively influence the dollar’s exchange rate, he did not succeed, and now investors have nothing left but to redirect financial flows towards reserve assets.
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What is the situation on the Asian Crude Oil market? The Crude Oil quotations dynamics of on the eve of the meeting of the presidents of the United States and Russia
On the eve of the meeting of the presidents of the United States and Russia, the Crude Oil quotations dynamics differs by its multidirectional rend. As a result of the trading session on Friday, there has been a strengthening of prices for the benchmark North Sea Brent Crude Oil, while the cost of the "WTI Crude Oil" asset has only been slightly depreciated, without sudden fluctuations. How to explain such a situation in the Asian market?
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Crude Oil quotations continue to decline due to disagreements between the OPEC cartel and the US President
The disagreements between the US President and the OPEC (the Organization of Petroleum Exporting Countries) cartel have been the main reason for the continued decline in the Crude Oil quotations. However, today this trend has received an additional impetus, after the Chinese government voiced its determination to respond to the duties introduction by the US adequately. It should be clarified that yesterday, the US President Donald Trump accused the cartel blatantly of artificially inflating the Crude Oil price.
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The USA sanctions against Iran have given an additional impetus to the crude oil quotations
The US authorities have appealed to their partners to support sanctions against Iran and refuse to purchase crude oil from this country. Against this backdrop, the "black gold" quotations have been appreciated significantly, and by the time of the closing of the trading session on the commodity trading platforms, the cost of the WTI (West Texas Intermediate) Crude Oil has passed through the $ 70 per barrel barrier for the first time this summer.
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The OPEC + 11 summit results have affected the raw materials quotations
The final statement, made by the time of the OPEC (Organization of the Petroleum Exporting Countries) + 11 summit end, had immediately affected the raw materials quotations. Since the beginning of the trading session on Monday, the Oil quotations have been depreciating, as most of the parties to the agreement agreed with the Saudi Arabia and Russia arguments in favor of production volumes increasing.
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Gold, the main reserve asset, adds to the price marginally amid uncertainties on the world oil market
The uncertainty in the world oil market has ensured the “Gold” commodity asset quotations appreciation, which is the main reserve asset for traders. During the Asian trading session on the APR commodity platforms, the Gold futures contracts have been under the sights of most market participants who decided to insure their assets prior to the OPEC (the Organization of the Petroleum Exporting Countries) summit end.
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