Gold Price Eyes Breakout, Crude Oil Price Recovers
Gold price gained traction and climbed above the $2,030 resistance level. Crude oil price is […]
Central Banks Look to Spoil the Party, BoJ Eyed Tonight
Not the most thrilling start to the week but that’s to be expected given the […]
Crude: Temporary Recovery Has Room for $75
Crude spiked lower on Friday, but then stabilized on volume late in US session when […]
Commodities Year Ahead 2024: Fed Policy to Drive Gold, Oil to Dance to Rhythm of OPEC+
Gold enters uncharted territory twice in 2023 Fed policy to remain gold’s main driver in […]
WTI Oil Technical: Momentum-Term Downside Momentum Has Eased
Two key positive technical analysis elements have emerged at the US$67.55/66.35 major support zone. The […]
Fed Overdelivers – Will ECB and BoE Follow?
The most hotly anticipated central bank meeting of the year did not disappoint on Wednesday, […]
Can Fed Deliver This Year’s Santa Rally? Is UK at Risk of Recession?
We’re seeing some caution in the markets this week and that is particularly true today, […]
WTI Oil: Hits the Lowest Levels in Nearly Six Months Ahead of FOMC Decision
WTI oil price hit new multi-month low on Wednesday morning, in extension of Tuesday’s nearly […]
Sweet and Sour
US headline inflation fell to 3.1% as expected, thanks to an almost 9% fall in […]
Crude Oil Price Resumes Slide, Fed Rate Decision Up Next
Key Highlights Crude oil prices declined heavily below the $73.50 support. A connecting bearish trend […]
WTI Crude Oil Holds Neutral in 2023
WTI oil finds significant support at 200-week SMA Will the price end the bearish move […]
Weekly Economic & Financial Commentary: Global Central Banks Holding Steady
Summary United States: The Machine of a Dream Nonfarm payrolls increased 199K in November, and […]