Hot spot tracking

  • Trump stated that he would begin imposing a blockade on all ships attempting to enter or leave the Strait of Hormuz, intercept vessels paying passage fees to Iran in international waters, and clear Iranian mines from the strait. This news is bullish for crude oil.
  • The surge in oil prices led to a significant increase in the US overall CPI in March, rising 3.3% year-on-year; core inflation remained robust. This news is bearish for the US dollar.
  • The U.S. Department of Energy announced it will lend 8.5 million barrels of crude oil from the Strategic Petroleum Reserve to four companies. This news is bullish for crude oil.

Product Hot Comment

  • Forex
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  • Gold
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  • Crude Oil
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  • Indice
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  • Crypto
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  • Tight spread
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  • Adjustable leverage
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