Is oil heading to $41? - Tip TV
Independent Market Analyst Matt Brown and Tip TV Presenter Zak Mir take note of the sell-off in oil prices and discuss the bearish Point & figure chart by Investors Intelligence, which suggests the prices could extend losses further to $41/barrel.
Key points
Non-farm payrolls - Watch out for the revisions to the prior number. The unemployment rate would be important as well.
Trump’s first legislative victory - House passes legislation to repeal and replace ObamaCare. Brown says this is a small victory for Trump.
Watch the full segment for more info on - trade of the day: Sell AstraZeneca, Oanda forex market sentiment and Broker Recommendation.
#Oil, #commodities, #energies, #trading, #markets, #macro, #investing, #fundamentals, #currencies, #forex, #equities, #stocks, #UK, #US