WTI Crude Oil Recoups Some Losses After Sell-off
WTI crude oil rises from 17-month low Momentum oscillators gain some ground WTI crude oil […]
ECB Meets as Fed Doves Wave Goodbye to Jumbo Cut
The latest US CPI data, and the reaction to data was mixed on Wednesday. The […]
Brent Slips Below $70pb – Focus on US CPI
The barrel of US crude tumbled almost 4% to nearly $65pb level, as Brent crude […]
All Eyes on US CPI Today
In focus today In the US, the August CPI is due, where we forecast headline […]
Brent Remains Under Pressure: China and Rapid Growth in OPEC+ Production to Blame
The oil market remains under pressure. A barrel of Brent oil declined to 71.80 USD […]
Oil: Bears Pause After Last Week’s 7.3% Drop
Oil price ticked higher on Monday and holding within a narrow consolidation, following 1.8% drop […]
Low Spirits
Last week ended on an ugly note, really, as the jobs data from the US […]
Market Jitters Rise as Indecisive Fed Outlook Sparks Risk Aversion Across Assets
Investors expressed clear dissatisfaction with last week’s US non-farm payroll report, not much due to […]
Markets Weekly Outlook – ECB Rates, China and US Presidential Debate in Focus
US jobs data missed estimates, keeping recessionary fears very much in play. US Equities continue […]
Another Day with US Labour Market Data on the Menu
In focus today The US ISM Services index is due for release for August in […]
Elliott Wave View on Light Crude Oil (CL) Favoring More Downside
Short Term Elliott Wave in Oil (CL) suggests the decline from 8.13.2024 high is unfolding […]
Crude Oil Prices Plunge: Can $68 Hold Withstand Pressure?
Key Highlights Crude oil prices gained bearish momentum and declined below $72.00. A major bearish […]