Oil Prices Up. Crude WTI Above Resistance 50.00

Crude WTI breaks high from 25 May From July 24 to July 31, price of oil gained almost 10%. As a result, on Monday, price...

Fed Policy Decision and UK GDP in Focus

Asian shares were mostly mixed during early trading on Wednesday, while the Greenback held steady ahead of the Federal Reserve decision later today which...

Has OPEC Thrown Oil Another Lifeline?

The Oil markets are attempting to extend their gains during early trading on Tuesday after OPEC and Non-OPEC members displayed optimism over the current...

Green but not Green Enough

Hi Everyone, Forget the Winklevoss twins and their COIN ETF. The CFTC in the USA has just approved the first Bitcoin derivatives trading and clearing...

USD Falls on Disappointing Figures

US ADP non-farm employment change disappointed the market today coming in at 158K (185 exp) leading to a large sell off in the dollar....

Dollar Pressured Ahead of ADP NFP Report

Financial markets offered a muted response towards June’s hawkish FOMC meeting minutes, with the Dollar rally easing as investors re-evaluated the mixed messages that...

Markets Digest Hawkish Central Bank Signals

The well-orchestrated hawkish remarks by a chorus of central bank heavyweights this week have punished global stocks with speculation mounting over whether the era...

Oil Prices Up for Fourth Consecutive Session

The last three sessions gives hope for oil demand. However, it is worth looking on oil charts in longer term than only last few...

Danske Bank on oil

The rout in oil markets continuesto hunt financial markets. Yesterday, most USstocks fell, with notably energy and industrial shares leading the declines, which overshadowed...

Oil – Test of Key Support Area Before EIA Weekly Report

The WTI OIL price in US dollars is moving in wide consolidation, where the upper limit is around 55.00 range. On the other hand,...

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