Brazil HSBC PMI Manufacturing fell from previous 48.4 to 36 in April

May 4, 2020

Singapore Purchasing Managers Index dipped from previous 45.4 to 44.7 in April

Oil New York Price Forecast: Limited upside potential for WTI

The WTI recovery is stalling below 22.05 resistance and the 100/200 SMAs on the four-hour chart. As the oil market stays in a strong downtrend the above-mentio