FIBO Journal 05.12

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Financial and commodity markets analytics

07.12 Event

Data on the crude oil reserves is reported by the US Energy Ministry.

A further cut would support the oil quotes.

Following up on the quarantine restrictions in China.

Following up on the oil.

The quarantine restrictions taken off are a bullish factor for the oil.

 

08.12 Event

The number primary applications on unemployment compensations in the US.

Growth – increased probability of the FED monetary policy being made less aggressive.

At the moment of the release the gold may continue growing.

Follow up on the gold.

The FED monetary policy remains the gold growth main factor.

 

Event

The crypto market is in green, the growth is unstable.

The main problem for the buyers is the market’s liquidity.

No panic, the market would compensate the losses.

Follow up on the BTC.

Before going under $17 100, the bullish scenario is prioritized. 


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