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TFC Commodity Trading Forum

Re: China to launch own oil futures

Also, a big change is the base currency - trading oil in Yuan, not the USD.

Geopolitical ramifications of that? Not sure.

Oh, btw, R, EXPE (Expedia) reports always b4 PCLN does. The last time Expe gapped down, then PCLN gapped down.

Last wk, EXPE earnings were horrid and gapped down again, so I expect the same for PCLN. Unfortunately, put options cost an arm and a leg in PCLN.