Oil's uptrend may not be finishedBrent Oil is one of the main drivers of the reflation trade, yet it seems to point to a potential important intermediate top during Q1 2017 (not quite done yet). The correction down, once confirmed, could last into Q2 2017, and retrace towards USD 50/barrel again, possibly even USD 45/barrel.
Brent Oil is one of the main drivers of the reflation trade, yet it seems to point to a potential important intermediate top during Q1 2017 (not quite done yet). The correction down, once confirmed, could last into Q2 2017, and retrace towards USD 50/barrel again, possibly even USD 45/barrel.
