Crude oil prices gain for second day: A bottom or a ‘dead cat bounce’? 2014 file photo, oil pumps work in the Persian Gulf desert oil field of Sakhir, Bahrain. In the second half of oil prices dropped by half.
Commodity renaissance or a dead cat bounce? Oil bounced to a record high of 40 dollars a barrel on the back of tightening from producers. If oil has been the fulcrum for commodity prices, then there is a likelihood for an upswing. Read more here http://www.xm.com/commodity-renaissance-or-a-dead-cat-bounce-35983 #forextrading #forexmarket #forexnews #trading