WTI Futures Stuck in Range after Bounce Off 17-month Low
WTI oil futures (July delivery) had been in recovery mode, but the 200-day simple moving […]
WTI Tries to Gain Foothold
NZD/USD attempts to rebound The New Zealand dollar grinds higher thanks to an uptick in […]
Crude Oil Price Starts Recovery But Faces Hurdle
Key Highlights Crude oil prices started a recovery wave above $70. It broke a major […]
US Debt Theater: Final Act?
Risk sentiment remains poor as the US couldn’t reached an agreement on its debt ceiling. […]
Some Positives for BoE from UK Jobs Data, Chinese Figures Less Good
Stock markets are treading water on Tuesday, with jobs number from the UK not inspiring […]
Oil Under Pressure, But Downside Limited
WTI crude oil rebounded on Monday after three sessions of declines in the second half […]
Crude Oil Price Continues to Fall
Oil continues to fall at the start of another May week. A barrel of Brent […]
WTI Oil: Bears Regained Control But Struggling to Clear Key $70 Support
Oil price is holding in red for the third straight day, under fresh pressure on […]
Gold Price and Crude Oil Price Could Extend Losses
Gold price is moving lower below the $2,025 support. Crude oil price is correcting gains […]
WTI Oil Futures Set Bullish Tone, But Too Early for Trend Reversal
WTI oil futures bounced back into the 70.00 territory after its latest downfall stalled marginally […]
Is Inflation Good for Oil?
No one was naïve enough to expect an agreement on the US debt ceiling yesterday, […]
The Big CPI Day Today
Market movers today Today’s key event will be US CPI for April. We look for […]