The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Oil prices traded lower on Wednesday, reversing some of the gains made the previous day after Russia and Saudi Arabia, the world's biggest oil exporters, announced they will extend their output cuts in order to support prices.
Benchmark Brent crude futures dropped half a percent to $75.89 a barrel, after having climbed over 2 percent on Tuesday.
WTI crude futures were up 1.8 percent at $71.03 given that there was no settlement on Tuesday because of the Independence Day holiday.
Fuel demand concerns returned to the fore after new data showed China's economy continued to struggle in June.
The dollar rose on weak risk sentiment after a private survey showed China's services activity expanded at the slowest pace in five months in June, adding to worries about a faltering post-pandemic recovery in the world's second-largest economy.
Eurozone Services PMI was finalized at a 5-month low and the U.K. services PMI showed renewed signs of fragility, suggesting that major economies will fall into recession later this year.
Looking ahead, investors await direction from U.S. crude and product inventories data from the American Petroleum Institute later in the data and government data on Thursday, both delayed by a day because of the U.S. Independence Day holiday.