What do people here use to get up to the second information on the US oil inventory stats that are published on a Wednesday? Does this info influence your trading?
What do people here use to get up to the second information on the US oil inventory stats that are published on a Wednesday? Does this info influence your trading?
We have a Reuters news wire, and a squawk commentary. This information definitely influences people's trading hence the spikes in trading around the time of the stats being published.... However, for us the influence is usually that we removreall our trades from the market until after it has settled down post figures, or put in rediculously hopefully bids or offers well away from the market. Trading figures is definitely not something we or our clients do, but having said that I do know people that do!
