The Phil Flynn Energy Report - Euro Blues
Oil could not shake off the Euro blues as the trade seemed lackluster, passionless and worthy of the shoulder season. In fact trading was so boring you have to wonder whether the bottom is near. Wasn't Spain supposed to ask for a bailout by now and what is taking the Chinese so long to juice up their economy? Are they worried about that spat with Japan over those disputed islands? Does Middle East tension matter anymore or has the well supplied market made those headlines a mute point? Or could reports of a new round of Iranian sanctions
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.