UP

Brent to keep upward trend

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

The Brent oil has risen in price to $67, and if it strengthens its position to $67.35, then a rise in price to $68.34 is possible.

Axar.az reports citing InvestAZ.

According to the company analysts, the statistics on US oil reserves, that will be released this week on Wednesday, March 20, 2019 at 18:30, will have a strong impact on the value of "black gold".

InvestAZ also provided forecasts for gold and rates for several currencies.

The decisive actions of the Eurozone, aimed at the development and strengthening of the euro, led to a rise to $1.13. The rate is expected to rise to $1.14, due to the slight depreciation of the dollar to other leading currencies on international exchanges. Moreover, the publication of the economic measurement index of future expectations in the Eurozone is expected on Tuesday, March 19, at 14:00 (UTC +4), and the press conference of the Central Bank of America on Wednesday, March 20, at 22:30.

The rate of the British pound sterling rose to $1.33 against the background of waiting for the next vote in the British parliament regarding Brexit, which will be held on Wednesday, March 20. Based on the analysis, if the rate strengthens at this point, then a rise to $1.35 is possible.

The dollar rate against the Turkish lira continues at a price of 5.45 liras. But if the dollar breaks through the top bar, the appreciation of the exchange rate to 5.46 and even 5.49 liras is possible.

The price of gold has risen in the precious metals market, and reached $1,300 ($41.8 per gram). According to analysts, with an increase in demand, the price per ounce may rise to $1,321 ($ 42.5 per gram).

Date
2019.03.18 / 19:34
Author
Axar.az
Comments
See also

Oil continues to rise in price

Oil started the week with this price

Oil ended the week at this price

Oil exceeded 85 dollars

Azerbaijan currency rates

Oil rose again

The price of oil today

Bitcoin hits new record level of $71,500

Oil rose again

Oil started the week with this price

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla