{"id":83767,"date":"2016-01-14T07:08:39","date_gmt":"2016-01-14T12:08:39","guid":{"rendered":"http:\/\/countingpips.com\/?p=83767"},"modified":"2016-01-14T07:08:39","modified_gmt":"2016-01-14T12:08:39","slug":"risk-off-as-crude-oil-plunges-below-30","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/01\/risk-off-as-crude-oil-plunges-below-30\/","title":{"rendered":"Risk off as crude oil plunges below $30"},"content":{"rendered":"<div id=\"inves-513360135\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 14, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>Risk appetite was off again in Thursday\u2019s Asian session trading, as crude oil fell and regional equity markets tumbled.<\/p>\n<p>Brent crude oil dropped to another 12-year low amid concerns over an oil supply glut and concerns about global economic growth hitting equity markets.<\/p>\n<p>Brent slipped to $29.73, the lowest since February 2004 and down more than 1.5 percent. It was down 47 cents at $29.84 a barrel at 0145 GMT and the contract has fallen every trading this year.<\/p>\n<p>The safe haven yen strengthened 0.1 percent to 117.53 per dollar. The Japanese currency has appreciated 2.3 percent versus the greenback this year, while the euro has risen 0.2 percent.<\/p>\n<p>Australia\u2019s dollar slipped 0.3 percent to 69.36 U.S. cents after a report showed employers cut jobs in December, while the New Zealand currency lost as much as 0.7 percent to 64.67 cents, the weakest since Nov. 19. The Indonesian rupiah slid 0.9 percent.<\/p><div id=\"inves-2961332239\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>South Korea\u2019s won dropped 0.9 percent to 1,214.14 per dollar after the central bank kept interest rates on hold. The Bank of England also reviews monetary policy on Thursday.<\/p>\n<p>Australia\u2019s S&amp;P\/ASX 200 Index slumped 1.8 percent, while Hong Kong\u2019s Hang Seng Index lost 1.6 percent, and Korea\u2019s Kospi index dropped 1.5 percent.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime Risk appetite was off again in Thursday\u2019s Asian session trading, as crude oil fell and regional equity markets tumbled. Brent crude oil dropped to another 12-year low amid concerns over an oil supply glut and concerns about global economic growth hitting equity markets. Brent slipped to $29.73, the lowest since February 2004 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-83767","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=83767"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83767\/revisions"}],"predecessor-version":[{"id":83788,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83767\/revisions\/83788"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=83767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=83767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=83767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}