Oil Surges After Modest OPEC+ Boost And Bullish EIA Report

OANDA – Investors focus on Fed path, Stocks were oversold, Oil surges after modest OPEC+ boost and bullish EIA report, Gold surges as Fed rate, Bitcoin above $30k US stocks are playing a game of dizzy bat (players place a baseball bat on ground and spin 10 times) as traders remain divided with recession calls and on when the Fed could be in a position to pause their interest rate hikes. Hopes for a less aggressive tightening campaign by the Fed improved after a wrath of economic data suggests the economy is softening and that inflation is cooling. We might not see a significant deceleration wi…

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