As a complicated financial trading product, contracts for difference (CFDs) have the high risk of rapid loss arising from its leverage feature. Most retail investor accounts recorded fund loss in contracts for differences. You should consider whether you have developed a full understanding about the operation rules of contracts for differences and whether you can bear the high risk of fund loss.
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2022-12
The US Oil crashed and erased yesterday’s minor gains. Now, it was trading at 72.31 at the time of writing. The bias remains bearish despite temporary rebounds. It could only test and retest the immediate resistance levels before dropping deeper. Crude Oil tried to rebound only because the US Crude Oil Inventories came in at -5.2M versus -3.5M expected. Today, the US PPI, Core PPI, and the Prelim UoM Consumer Sentiment could have an impact.
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