🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Institutions: Multiple factors support oil prices in European midday trading after the Fed cuts interest rates and rises.
On September 19th, during the European midday trading session, oil prices maintained an upward trend. After the Federal Reserve announced a 50 basis point rate cut, Brent crude oil prices returned to $75 per barrel. The international Benchmark crude oil prices pumped 1% to $74.41 per barrel, and the US WTI crude oil prices pumped 1.1% to $70.65 per barrel. Ole Hvalbye, a commodity analyst at SEB, said in a report: 'The softer outlook for monetary policy has fueled expectations of stronger future demand, further supporting the more likely bullish prospects for oil prices. However, speculative positions remain seriously short.' After the second attack on members of Iran-supported Hezbollah this week, concerns arose that the Middle East may face a wider conflict, which also supported oil prices.