Oil rose yesterday, kicking the week off ~ 5 percent higher after Saudi Arabia decided to hike its crude price as sentiment around Omicorn seems to improve.
The risk appetite supported Aussie’s bounce at 70c on Monday, which was further boosted on RBA turning a tad more hawkish on wage growth and inflation expectations following its overnight rate statement.
Will risk appetite be sustainable while geopolitical risks between US and Russia rise? The Russian Rubble remains under pressure after the latest sanctions the US imposed while the situation with Ukraine escalates. Can 74 hold?
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
The Daily Markets Watch: USOIL, AUDUSD & USDRUB (07.12.21)
Oil rose yesterday, kicking the week off ~ 5 percent higher after Saudi Arabia decided to hike its crude price as sentiment around Omicorn seems to improve.
The risk appetite supported Aussie’s bounce at 70c on Monday, which was further boosted on RBA turning a tad more hawkish on wage growth and inflation expectations following its overnight rate statement.
Will risk appetite be sustainable while geopolitical risks between US and Russia rise? The Russian Rubble remains under pressure after the latest sanctions the US imposed while the situation with Ukraine escalates. Can 74 hold?
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
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