{"id":88339,"date":"2016-04-19T07:30:01","date_gmt":"2016-04-19T11:30:01","guid":{"rendered":"http:\/\/countingpips.com\/?p=88339"},"modified":"2016-04-19T07:30:01","modified_gmt":"2016-04-19T11:30:01","slug":"oil-sell-off-pauses-markets-rebound","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/oil-sell-off-pauses-markets-rebound\/","title":{"rendered":"Oil sell-off pauses markets rebound"},"content":{"rendered":"<div id=\"inves-1031049132\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 19, 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>Asian markets rebounded as investors took comfort in the slight rebound in oil prices and the pause in the big sell-off that took place on Monday when oil prices dropped nearly 7 per cent in Asia. This was in reaction to news of the breakdown of talks in Doha, Qatar between oil producing countries.<\/p>\n<p>The talks in Doha over the weekend failed to end with a deal after Saudi Arabia insisted that Iran, which has refused to participate as it rebuilds exports after years of sanctions, should be part of any agreement. It was hoped that there would be a deal for a production freeze intended to strengthen prices.<\/p>\n<p>Oil prices had rallied in recent weeks on speculation that a deal might be struck among large producing nations including Saudi Arabia and Russia.<\/p>\n<p>Early on Tuesday, Brent crude, the international benchmark, traded at $42.65 a barrel while West Texas Intermediate, the US marker, traded at $39.63. Prices were also supported by a workers\u2019 strike in Kuwait that has temporarily reduced output.<\/p>\n<p>Commodity-linked currencies and equities followed the path set by oil prices, initially falling and then staging a recovery.<\/p><div id=\"inves-364186148\" 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>&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 Asian markets rebounded as investors took comfort in the slight rebound in oil prices and the pause in the big sell-off that took place on Monday when oil prices dropped nearly 7 per cent in Asia. This was in reaction to news of the breakdown of talks in Doha, Qatar between oil [&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-88339","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88339","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=88339"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88339\/revisions"}],"predecessor-version":[{"id":88359,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88339\/revisions\/88359"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=88339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=88339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=88339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}