0.0 00 The price of US WTI crude oil has sunk to its lowest level in five weeks. There is a technical breakdown along with poor corporate earnings from energy giant ConocoPhillips, whose first quarter results …
Read More »Gold Falls on French Election Results
0.0 00 The price of spot gold (XAU/USD) is under selling pressure today following the results of the first round of the French presidential election. The mood was brightened and bond yields moved higher as money …
Read More »US Supply Trends could force Crude Oil Lower
0.0 00 The price of US WTI light sweet crude oil continued to fall even after JODI data sowed exports from Saudi Arabia fell to their lowest levels since February. While that should have boosted investor …
Read More »Crude Oil gets caught up in Macro Events
0.0 00 The price of US WTI oil has gotten caught up with some macro level capital outflows, as seen on the below MT 4 chart, as the mighty sawbuck found some life. Also not helping …
Read More »Gold Climbs on North Korean Tensions
0.0 00 The price of spot gold (XAU/USD) continues to climb on thin holiday trade this morning. The financial markets in Hong Kong, Australia and New Zealand were all closed for Easter. There is a dour …
Read More »Crude Oil pushes higher as Geopolitical concerns Weigh
0.0 00 The price of US WTI crude oil continues to push higher. Traders of oil are concerned over geopolitical tensions in the Middle East, with Syria, and in the South China Sea as the United …
Read More »The Syrian-linked surge in Gold Stalls on Fed Rate Hike Bets
0.0 00 The price of spot gold (XAU/USD) retreated from last week’s high following the US missile strike on Syria. The March non-farm payroll (NFP) miss stoked jitters of another Fed rate hike in the near …
Read More »The Australian ASX 200 ha to Consolidate a Bit
0.0 00 The Australian benchmark S&P ASX 200 has hit a new two year high in the past week. How long can it maintain these price levels before falling? The index has been holding steady, as …
Read More »The Price of Crude surges before the US-Chinese Summit
0.0 00 The price of the US WTI crude oil contract has soared higher thanks to some supportive news flow. There was a recent report in Bloomberg that crude stockpiles throughout the Caribbean was finally drawing …
Read More »Trend line Guides the Nikkei 225 Lower
0.0 00 The Japanese benchmark, the Nikkei 225, seems to be in some short-term technical trouble. This has been obvious as the benchmark stock bourse has been sliding lower over the last couple of weeks. It …
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