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Big bet on petroleum? Oil surges on OPEC+ cuts
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$E-mini NASDAQ 100 Futures(JUN4) (NQmain.US)$ two fed speake...

$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US)$ two fed speaker says skip rate hike in June. market will rally on this. average 6%. these idiots better hope OPEC+ don't cut oil on Sunday. if OPEC+ cuts, good luck with inflation.
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  • 加油加油吧 : I just saw the suspension of the account limit

  • All in everyday : so many good news, but market not rally yetSurprise

  • razo2OP All in everyday: accompanied by bad news globally. manufacturing data is very bad.

  • razo2OP 加油加油吧: ?

  • razo2OP All in everyday: inflation is going up. but if OPEC+ cuts this Sunday. Monday inflation will be bad. oil will have a spike. it depends on how much oil is being cut. looking at the manufacturing data from China, demand for oil dropped for sure. this will force OPEC+ to cut and normalise the price. Russia might continue to sell oil againts Saudi but eventually the recession will kill demand for oil. Putin needs to find another source of revenue for his war. Saudi Energy Minister was ready on this as he already knew a recession is coming.

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