Mountain Tech Analysis

Your weekly source of market economic & financial commentary

Upcoming RBA interest rate decision

Current rate is at 2.25% , predictions go from 25 to 50 basis points rises.

Lets wait and see . Any rate rise will be welcome.

WTI was up $85 from session low at the start of $81 on the light of the Wednesday OPEC meeting which is predicted to cause a 1million barrel a day cut , in the hopes to lift the prices up.

Russia has vowed to stop sending oil exports to any country that set up oil price controls.

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