Analysts at Danske Bank, suggest that after a week of thin Easter trading, focus will be on the uptrend in oil prices and on news from the ongoing US-China trade talks. Key Quotes “The start of Japan’s Golden Week will likely keep volumes thin in that region this week.” “The oil market will stay in focus after the comments by President Trump yesterday that the US plans to end Iran sanction waivers by 2 May. Notably, attention will centre on whether other OPEC members will ensure adequate oil supplies after a further fall in Iran oil exports, as indeed suggested by Saudi Arabia yesterday.” “On the data front, we have a rather quiet day with the only notable release being the euro-area consumer confidence for April. Later this week the Riksbank meets (Thursday) and next week brings Chinese PMI, a Fed meeting and the US jobs report.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Removal of Iran oil sanctions waivers to have limited impact – Goldman Sachs FX Street 4 years Analysts at Danske Bank, suggest that after a week of thin Easter trading, focus will be on the uptrend in oil prices and on news from the ongoing US-China trade talks. Key Quotes "The start of Japan's Golden Week will likely keep volumes thin in that region this week." "The oil market will stay in focus after the comments by President Trump yesterday that the US plans to end Iran sanction waivers by 2 May. Notably, attention will centre on whether other OPEC members will ensure adequate oil supplies after a further fall in Iran oil exports, as indeed suggested… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
