Brent forecast: don’t play against the oil Fed!

Fundamental oil forecast for today

The black gold market has its own central bank

Learning from the mistakes of others is the best way. Central banks will sooner or later quit their soft monetary policies and cut their balances. Any positive experience would be useful as there’s a high risk of repeating the Fed’s experience: in 2013 it gave rise to a huge market hysteria after having announced a “tapering” of some of its QE policies. In this regard, July’s summit of OPEC+ may give some food for speculation. Not for nothing is the organization compared with the Fed: its…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>