Oil: Short-Term Bounce Rather Than New Bull Market
Oil ended last week with growth, having found support at key price levels, but unlikely […]
Ending the Week on a Positive Note, More Central Banks Next Week
Markets are ending the week on a positive note but there remains enormous uncertainty around […]
WTI Futures Pull Back after Bouncing Off Restrictive Trendline
WTI oil futures (July delivery) have been moving within their downward sloping channel for the last […]
Crude Oil Price Faces Uphill Task Near $72
Key Highlights Crude oil price recovered losses and climbed above $68. A major bearish trend […]
China Cuts Rates
Market movers today US CPI for May is out ahead of the monetary policy decision […]
All Eyes on US Inflation
The S&P 500 surpassed last summer peak level and recovered to the highest levels since […]
Markets Mixed ahead of Fed and ECB; Aussie Extending Rally With Eyes on Copper and China
The forex markets are relatively mixed with a near empty economic calendar today. Australian Dollar […]
A Busy Week for Central Banks
Sentiment is cautiously bullish into the next US CPI figure, due tomorrow, and the next […]
WTI Futures Retest Restrictive Trendline
WTI oil futures (July delivery) have been moving without a clear direction in the last month. […]
CAD Recoups Losses
USD/CAD grinds major support The Canadian dollar soared as the BoC resumed its tightening campaign […]
WTI crude oil eyes 67 support as selling intensifies
Oil prices trade deeply lower today as the impact of Russian supply recovery was more […]