Oil Futures Tumble On Stockpiles

Oil FuturesOil futures tumbled more than 2% as an unexpected build in US crude stockpiles compounded investor worries.

Bitcoin has fallen 1.3% in the last session the stochastic RSI is giving an overbought signal.

AUDUSD has traded sideways in the last session the ATR is signaling low volatility.

EURUSD has lost 0.1% in the last session the ATR is showing low volatility.

The price of crude oil has dropped sharply in the last two sessions falling 3.2% the ultimate oscillator currently dwells in the negative zone.

 

US durable goods orders will be released at 12:30 GMT

Japanese all industry activity index at 4:30 GMT

UK retail sales at 8:30 GMT

UK BBA mortgage approvals at 8:30 GMT

US Non-defense capital goods orders at 12:30 GMT

US Baker Hughes US oil rig count at 17:00 GMT

 

The US SEC has secured a court order to stop a Diamondback Ponzi scheme estimated to be worth around 30 million dollars.

Global technology companies including chip suppliers are cutting off their ties with China’s Huawei Technologies amid a US ban.