Conrad Strauss - Concerns about the spread of Europe’s debt crisis and the outlook for energy demand.
Conrad Strauss were reportedly feeling optimistic regarding news on Crude-oil futures as they gained in electronic trading ahead of the release of a U.S. weekly inventory report. Crude delivery was up per barrel on the New York Mercantile Exchange during Asian trading. The gains put oil on track to break a three-day losing streak, with prices pressured by, among other factors, concerns about the spread of Europe’s debt crisis and the outlook for energy demand.
Euro crisis returns to boiling point and The prospect of the European debt crisis boiling over is rearing its head again as Germany'sand France's Nicolas Sarkozy are holding meetings and once again they are pointing fingers at Greece. Some optimism about efforts to tackle the region’s debt woes after a meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy helped boost sentiment across commodity and equity markets during Asian trading.
Conrad Strauss were allegedly talking about a softer dollar that tends to encourage buying in dollar-priced commodities such as oil, as it makes them cheaper to holders of other currencies. Gains for oil futures came ahead of weekly U.S. crude inventory reports, with the American Petroleum Institute releasing data, followed by the more closely watched U.S. Energy Information Administration report. Being on the rise data will help investors pick out key factors in energy and currency moves allowing a glimpse to what energies and currencies are likely to move due to this news helping to find profit areas for the active investor looking to gain from moves that are happening. As with all markets the ups and downs are strong indicators to point the way to profits. With the Euro crisis still holding undecided investors back from realising good returns in different sectors and the continuing rise of merging markets not held in check by Europe and the endless rumours of what will happen. As the well known saying goes, time and markets wait for no man and now is as good as time as any to step in and take advantage of the lack of change that is still allowing investors to reap the benefits of each move.