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Baishan Weiye official website information-Trump is pushing OPEC to really cut production
Some analysts pointed out that Trump's election as US president may prompt OPEC members to take more decisive action to reduce production at next week's policy meeting. On Friday, Saudi Energy Minister Falih stated that the oil talks in Doha were progressing.
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2016-11-23 |
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Baishan Weiye official website information-crude oil has a high probability of closing positive on the weekly chart
Crude oil closed a negative K-line yesterday. The negative K-line will sweep away investors who are more aggressive in chasing bulls on Monday and Tuesday. However, this daily K-line not only has a longer upper shadow but also a longer lower shadow. This daily K-line The line can be defined as a rise in the process
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2016-11-23 |
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Baishan Weiye official website information-OPEC meeting postpones discussion on Iran issue
The Organization of the Petroleum Exporting Countries (OPEC) technical meeting was held the next day on Tuesday (November 22). The technical committee stated that it will discuss the 4.0-4.5% production reduction plan at next week's oil ministers meeting, but Libya and Nigeria will not implement it.
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2016-11-23 |
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Baishan Weiye official website information-Silver price fluctuates as minutes come
On Tuesday (November 22), international spot silver continued to fluctuate at a low level during the session, with a range of fluctuations of around US$0.4. The price of silver in the Asian market continued to rise due to the impact of the Fukushima earthquake in Japan, reaching a peak of almost US$16.90.
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2016-11-23 |
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Baishan Weiye official website information-Silver price has upward momentum
On Tuesday (November 22), as the U.S. dollar index corrected after a continuous surge, and the Japanese earthquake triggered a return of risk aversion in the market, spot silver fluctuated higher after the opening, and maintained trading around $16.65 per ounce at the opening on Wednesday. worldwide
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2016-11-23 |
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Baishan Weiye official website information-Silver is near the bull-bear divide
This is mainly due to the impact of the U.S. dollar breaking through a 13-year high. There is no doubt that precious metals have been struggling against the backdrop of a strong U.S. dollar since the summer, especially after the U.S. election, and silver's trend has been most obviously affected by the U.S. dollar. Da
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2016-11-22 |
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Baishan Weiye official website information-Italian referendum triggered market warning
Two black swans have already taken off (note: one is Brexit and the other is Trump's election as US president), and will the next one be the Italian referendum? And the timing of the Italian referendum is very, very important, in December and April. . And the previous one
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2016-11-22 |
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Baishan Weiye official website information-Japan earthquake may trigger a new round of risk aversion
As Federal Reserve Chairman Yellen's testimony before Congress made the market more convinced that the Federal Reserve will raise interest rates in December, the U.S. dollar index approached the 101 mark, and silver prices closed at their lowest in nearly March on Thursday. The dollar's rally is far from over. Received word of interest rate hike
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2016-11-22 |
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