Oil dips lower, gold under pressure

Posted by Craig Nov 19, 2020 Share 0

Oil loving the vaccine updates Oil prices are coming off a little again today after once again fa...

US Close – NYC Public Schools to Close, Pfizer, Boeing, FX/Treasuries, Oil, Gold, Bitcoin

Posted by Ed Nov 18, 2020 Share 0

Incremental positive vaccine news and the ending of Boeing’s 737 MAX 20-month grounding was oversh...

US Close: Stocks slump on COVID concerns, soft retail sales, and no stimulus hints from Powell, Oil pops on Middle East instability, Gold little changed

Posted by Ed Nov 17, 2020 Share 0

US stocks were unable to keep the relentless rally going after a soft retail sales report was accomp...

Moderna vaccine announcement boosts oil

Posted by Ed Nov 16, 2020 Share 0

Moderna unrolls Covid vaccine Crude prices are off to a solid start on Monday after President-ele...

Week Ahead – Focus stays on COVID

Posted by Ed Nov 13, 2020 Share 0

Virus rages on, a wrath of Fed speak, US retail sales slower pace,  Next week is filled with lot...

US Open – US stocks rally on vaccine hopes and 2021 bets, PPI decelerates, Brexit, Oil slides, Gold surges

Posted by Ed Nov 13, 2020 Share 0

US stocks are rising as investors anticipate President-elect Biden will have a conciliatory tone wit...

Oil lower on inventories, gold rallies

Posted by Ed Nov 13, 2020 Share 0

Crude inventories surplus weighs on crude Oil prices weakened following a risk-off trading sessio...

Oil dips on inventories, gold consolidates

Posted by Jeffrey Nov 13, 2020 Share 0

Oil falls on US crude inventory build Overnight, oil prices retreated, although only modestly giv...

US Close – Stocks slide on virus angst and no signs of fresh stimulus, Jobless Claims, Banxico surprise hold, Oil softer, Gold shines

Posted by Ed Nov 12, 2020 Share 0

US stocks declined as virus angst suggests the rest of the year is going to get very ugly for econom...

Oil soars on vaccine hopes

Posted by Craig Nov 12, 2020 Share 0

OANDA Senior Market Analyst Craig Erlam talks about oil prices surging on Pfizer/BioNTech's Covid-19...

Oil steady, gold under pressure

Posted by Craig Nov 12, 2020 Share 0

Oil steady but outlook much more bullish Oil prices are relatively steady today after surging ove...

Oil solidifies gains, gold drifting 

Posted by Jeffrey Nov 12, 2020 Share 0

Oil spikes but then retreats The Veterans Day holiday in the US saw oil trading volumes decline o...

Oil higher, gold under pressure

Posted by Craig Nov 11, 2020 Share 0

Oil hits two-month high on timely production hints Oil prices are flying; the euphoria of the vac...

Oil rally continues, gold edges up

Posted by Jeffrey Nov 11, 2020 Share 0

Oil continues to defy gravity There are no signs of a correction in oil markets, with Brent and W...

Oil up on vaccine hopes, gold rebounds

Posted by Jeffrey Nov 10, 2020 Share 0

Oil buoyed by recent supply and demand developments Oil prices are continuing to bask in the glor...

Oil jumps on vaccine news, gold slides

Posted by Jeffrey Nov 10, 2020 Share 0

OPEC+ dodges a bullet OPEC+ has staged an escape act that David Copperfield would be proud of, as...

It’s just a jump to the left

Posted by Jeffrey Nov 10, 2020 Share 0

Pfizer announces vaccine breakthrough No, I am not talking about the US election, which markets a...

US Close – Light at the end of COVID tunnel, Record highs, Oil’s demand outlook improves, Vaccine news KO’d gold

Posted by Ed Nov 9, 2020 Share 0

A historic rally for US stocks stemmed from presidential election clarity and Pfizer’s COVID vacci...

Gold falls, oil rises on vaccine news

Posted by Craig Nov 9, 2020 Share 0

Gold getting whacked as US yields rise on vaccine news The dollar isn't faring too badly and is a...

US Update: Biden victory imminent, Yields pop on strong NFP report, Dollar outlook, Oil lower on virus concerns, Gold’s bullish outlook is back, Bitcoin eyes record territory

Posted by Ed Nov 6, 2020 Share 0

It appears Joe Biden rebuilt the blue wall, nearing comeback victories in Pennsylvania and Georgia, ...