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Daily Energy Report - Curve Ahead Market Strategies
Daily Energy Report - Oil prices rallied nicely in yesterday's trade but once again had trouble getting above the 50-day moving averages in WTI and Brent. Today's trade could witness a similar disposition, as the general reaction by risk markets yesterday to "bullish" news from the Fed was to finish either lower on the day (as equities did) or significantly below the day's highs (as energies and precious metals did).
Tom Pawlicki