WTI Oil: Price Eases Further, as US Rate Outlook Offsets Persisting Middle East Worries
WTI Oil extends pullback into second consecutive day after recent rally repeatedly failed to clearly […]
WTI and Brent React To a Key Pivot
Brent oil is currently on a bullish trend, facing resistance near $84 and supported by […]
China Cuts LPR Rate, RBA Sounds Hawkish – Focus on US Retailer Earnings
The Chinese returned from their Lunar New Year holiday having traveled and spent more this […]
US Stock Markets Find a Positive Narrative to Keep the Rally Going
The S&P500 rebounded past the 5000 yesterday. This time, a mixed set of manufacturing data […]
WTI Oil Futures Get Rejected at 200-day SMA
WTI futures retreat after testing 200-day SMA Pattern formation resembles a double top Momentum indicators weaken […]
All’s Well That Ends Well
The market has been very quick in swallowing and digesting this Tuesday’s less than ideal […]
Gold Price Takes Hit While Crude Oil Price Extends Rally
Gold price is declining below the $2,010 support zone. Crude oil price is rising and […]
Will Oil Continue iIts Rise This Time?
Oil went on the offensive last week, once again confirming the importance of support at […]
A Step in the Right Direction for the UK But BoE Will Remain Cautious
The UK is continuing to make progress toward being able to cut interest rates but […]
Brent Crude Prices Edge Higher Amid Middle East Tensions
Brent crude oil prices are currently hovering around $82.00 per barrel this Monday, with market […]
WTI Oil: Oil Price Dips on Easing Concerns About Middle East Supply
WTI oil edged lower in early Monday, following calmer tones regarding possible end of Israeli […]
Decoupling S&P 500
Last Friday’s inflation revisions in the US were insignificant and hinted that inflation in the […]