Global markets extended their recovery today as fears of a catastrophic disruption in global oil supply continued to ease. Asian and European equities rebounded broadly, although US futures were relatively sluggish. WTI crude also remains elevated at around 90 level. The improvement in sentiment reflects a growing shift in how markets are pricing the conflict. […]

The post Market Sentiment Improves Further on Saudi Oil Rerouting, Dollar Stays Soft appeared first on ActionForex.