War the word threaten everybody now a days , Monday to Sunday 24 hrs people see the most is the Trump Tweet . last week market fluctuation rises as trump tweets Iran's top commander Qassem Soleiman killed in the drone attack , crude surges to 65$ .
As crude rises global market drowns especially developing countries which are totally dependent on import of crude oil . |
| image sources WSJ |
Index fall(%)
Nifty 3
hengseng 2
dow jones 1
the Question is that who win in this tension period ?
The Answer is ( Only )the speculators , who trade over Currency Exchanges (Forex) .
Reason behind is that as crude supply ban from Iran side, it may increasing the pricing pressure which is build on demand - supply equation , it further increases when Iran targeted the Us base in Iraq .
traders and speculators build long on crude but after Trump Tweet "All is well " crude cool off and settled near 59$ .
I think it will help you to understand the relationships between Crude Oil and War Sentiments and also its impact on global markets .
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