Markets Weekly Outlook – Powell Delivers with Nvidia Earnings, PCE Data Next

Posted by Zain Aug 23, 2024 Share 0

Fed Chair Powell signals policy adjustments are needed, emphasizing concerns about labor market ...

Brent Crude – Oil Slides Into Key Support as Geopolitical Risk Takes a Backseat

Posted by Zain Aug 20, 2024 Share 0

Brent crude oil prices continue to fall amidst rumors of a Middle East deal and increased produc...

USD/CAD Teeters Near Critical Support Ahead of Canadian Inflation Data

Posted by Zain Aug 19, 2024 Share 0

USD/CAD is approaching a crucial support zone above 1.3600 ahead of Canadian inflation data. ...

Markets Weekly Outlook – Gold Hits New ATH Ahead of Jackson Hole Symposium

Posted by Zain Aug 16, 2024 Share 0

Gold reaches a new all-time high as markets reassess rate cut expectations after evaluating resi...

Demand Concerns vs. Geopolitical Risks: What’s Next for Brent Crude Prices?

Posted by Zain Aug 14, 2024 Share 0

Rising US crude inventories are putting downward pressure on oil prices, interrupting a six-week...

Brent Crude – Oil Advances as OPEC Cuts Demand Forecast

Posted by Zain Aug 12, 2024 Share 0

Oil prices continue to rise despite OPEC cutting demand forecasts for 2024 and 2025. OPEC is ...

Markets Weekly Outlook – US CPI to Test Markets Following Tumultuous Week

Posted by Zain Aug 9, 2024 Share 0

US equities rebounded from a selloff earlier in the week, ending slightly higher. However, cauti...

Oil Prices Near Recent Lows: Demand Concerns Keep Bulls at Bay

Posted by Zain Aug 7, 2024 Share 0

Oil prices remain subdued due to recession fears and demand concerns. US stockpiles unexpecte...

Markets Weekly Outlook – Rising US Job Fears, Geopolitics in the Spotlight

Posted by Zain Aug 2, 2024 Share 0

US jobs data underwhelmed, triggering the SAHM rule, signaling a likely recession. The Magnif...

Gold, Crude Oil Prices Soar on Rising Middle East Tensions, FOMC Next

Posted by Zain Jul 31, 2024 Share 0

Gold and oil prices have surged due to rising tensions in the Middle East. Gold with a trendl...

WTI Oil: At the risk of a further drop to retest major range support of US$73.15-71.35/barrel

Posted by Kelvin Jul 30, 2024 Share 0

Citigroup Economic Surprise Indices across the different regions (except for Latin America) on a...

Oil Price Reversal Ahead? Chart Patterns Indicate Possible Bounce at Support

Posted by Zain Jul 26, 2024 Share 0

Oil prices have faced challenges recently, but buying pressure prevented a drop below $80. Te...

Oil Price Update: Brent Holds Critical Support Amid US Inventory Decline

Posted by Zain Jul 24, 2024 Share 0

Oil prices have declined over the past four days, but Brent oil remains at a crucial support lev...

USD/CAD Eyes Breakout as Oil Price Slide Continues, BoC Meeting Next

Posted by Zain Jul 22, 2024 Share 0

USD/CAD is nearing a breakout after being range-bound since April, potentially driven by falling...

Oil to Snap 3-day Losing Streak on Declining US Stockpiles

Posted by Zain Jul 17, 2024 Share 0

Oil prices are rising due to a significant decrease in US oil inventories, exceeding expectation...

Oil Price Update – Oil Prices Hold Firm as Chinese Demand Concerns Rise

Posted by Zain Jul 15, 2024 Share 0

Oil prices remain stable despite a turbulent weekend and a strong US dollar. Chinese economic...

Oil Price Update – Oil Prices Fall as Gaza Talks and Hurricane Beryl Take Center Stage

Posted by Zain Jul 8, 2024 Share 0

Geopolitical events and weather disruptions are currently the main drivers of oil price fluctuat...

Brent Crude – Oil runs into resistance as EIA inventories fall

Posted by Zain Jul 4, 2024 Share 0

Brent Crude oil prices rose on Wednesday due to a larger-than-expected draw in US crude inventor...

USD/CAD stalls after Canadian PMI data and Fed Chair Powell’s remarks. Where to next?

Posted by Zain Jul 2, 2024 Share 0

USD/CAD is rangebound, frustrating traders, thanks to a host of factors from rate differentials ...

Brent Crude – Oil eyes range breakout as $90 a barrel in focus

Posted by Zain Jul 1, 2024 Share 0

Brent Crude oil prices are rising despite a slight drop in demand from Asia in the first half of...