International Energy Agency: Approximately 330 Million Barrels Of Crude Oil Have Been Released To Date

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NET CHG.

%CHG.

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SPX

S&P 500 Index

7726.20

7738.21

7669.66

+7.26

+ 0.09%

DJI

Dow Jones Industrial Average

52086.32

52196.68

51681.37

+464.84

+ 0.90%

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NASDAQ Composite Index

26571.31

26669.27

26308.85

-121.55

-0.46%

USDX

US Dollar Index

101.850

101.930

102.050

101.640

-0.430

-0.42%

EURUSD

Euro / US Dollar

1.12083

1.12090

1.12407

1.11472

+0.00530

+ 0.48%

GBPUSD

Pound Sterling / US Dollar

1.32613

1.32625

1.32756

1.31794

+0.00683

+ 0.52%

XAUUSD

Gold / US Dollar

4147.74

4148.08

4168.49

4099.79

+42.28

+ 1.03%

WTI

Light Sweet Crude Oil

96.517

96.547

96.713

92.448

+2.490

+ 2.65%

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RPGFX

Eon

@RPGFX okay, I understand now.

@EonYeah

Kung Fu

RPGFX

@Kung Fu I don't think so. What do you think?

@RPGFXI'm a skeptical as you are. And you know, I am not a fundamental trader. So, I only just wanted to know what the fundamentalists, if you like, think of that.

Kung Fu

Eon

@Kung Fu Hey mate, it has been long where have you been hiding?

@EonIt's been a real, real long time. I missed all of you guys. It's actually for some health reasons, not too serious. But I just needed a break. Even though sometimes I come here, read the chats, and then I disappear. I don't really actively participate. But I'm okay now

Eon

john

@Eonwhy does the US remain the benchmark of the world economies

@john because most commodities are traded in the US dollar, lots of transaction go through US banks - i think

Size

@Kung Fu Hey mate, how are you doing? welcome back here.. it's been awhile..

RPGFX

Kung Fu

@RPGFXI'm a skeptical as you are. And you know, I am not a fundamental trader. So, I only just wanted to know what the fundamentalists, if you like, think of that.

@Kung Fu oh, alright. Let's wait to see what the fundamentalists think

Eon

Kung Fu

@Kung Fu Welcome back mate, I hope you get well & back to

Kung Fu

Size

@Kung Fu Hey mate, how are you doing? welcome back here.. it's been awhile..

@SizeThank you my friend. Yeah, even as I said I missed you guys. Good to see you again. Size.

RPGFX

Kung Fu

@RPGFXI'm a skeptical as you are. And you know, I am not a fundamental trader. So, I only just wanted to know what the fundamentalists, if you like, think of that.

@Kung Fu I also not so much into the fundamentals, rather I look at if it is red ink or black 😂😂

RPGFX

If it is black ink, I pay no attention to it, then if it is red ink, I can pay some attention to look it up

Kung Fu

RPGFX

@Kung Fu I also not so much into the fundamentals, rather I look at if it is red ink or black 😂😂

@RPGFXExactly what I do. I just make sure I avoid high impact news releases most of the time. And then I refocus on the technicals and then take my trade if I have to take a trade. If it's a trade day, if it's a no trade day, then I step aside.

Size

Kung Fu

@SizeThank you my friend. Yeah, even as I said I missed you guys. Good to see you again. Size.

@Kung FuYou're always welcome, mate! Good to have you back with us.

Kung Fu

Eon

@Kung Fu Welcome back mate, I hope you get well & back to

@EonYes, by the special grace of God, I am back full time. More actively, maybe, than before.. lol

Kung Fu

Size

@Kung FuYou're always welcome, mate! Good to have you back with us.

@SizeThank you very much, mate. I appreciate.

Size

Hope everything has been going well on your side. Let's catch up and share some good market ideas again!@Kung Fu

Sanjeev Ku flag

john

@Sanjeev KuAre you saying that India is about to become the largest economy in the world

@john @john bro world gold council has estimated 22000 tonnes of gold with indian temples and USA have nearly 8000 tonnes in there reserve

Kung Fu

Size

Hope everything has been going well on your side. Let's catch up and share some good market ideas again!@Kung Fu

@Sizesure, Mate

"Eon" recalled a message

Eon

john

@EonI mean why does the US economy still portray exceptionalism

@john the exceptionalism is dying, I think they have abused the position (with sanctions) and it is now halting global trade. Remember the Dutch and British used to hold the same position but they lost it

RPGFX

Eon

@john because most commodities are traded in the US dollar, lots of transaction go through US banks - i think

Exactly, it is a huge network effect. Because everyone has to use dollars to buy oil or grain, every country is forced to keep massive stockpiles of US dollars. @Eon

Type here...

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International Energy Agency: Approximately 330 Million Barrels Of Crude Oil Have Been Released To Date

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