Weekly Market Expose

This edition aims to sum up some of the factors driving or disrupting market trends. Prudent examination triggers confidence for those who care to pay attention and accords ‘Forward Guidance”, borrowing the phrase from Central Bankers.

Market participants have had their fair share of roller-coaster epic time framed in knee-jerking events, As The US brazenly flaunts America First Policies promised by US President Trump. The Trade US Trade Tariffs imposed on China, Canada, Mexico, and Germany is generating a lot of uncertainties heating up nerves for those not paying attention to details the lessons carry a heavy toll.

On the other front the Organization for Petroleum  Exporting Countries and its allies like Russia, henceforth the be noted as OPEC+ championed the removable of surplus oil that was dragging Oil price down by cutting production quota down. The Same OPEC+ have been instrumental in restoring a limited increase cap of between 600,000-800,000bdp or as some sources suggest up to 1million barrels. move that was welcomed by investors as bullish.

Many technical analysts are now forced to implore strategies which combine fundamentals.