Black Gold in a Sea of Green as Supply Cuts Take Effect
Despite rising demand concerns, the WTI futures (NYMEX: CL) has been enjoying some upside momentum, on track for a fourth consecutive day in the green. With supply tightening and demand…
Despite rising demand concerns, the WTI futures (NYMEX: CL) has been enjoying some upside momentum, on track for a fourth consecutive day in the green. With supply tightening and demand…
The GBPJPY currency pair declined after the release of UK inflation data. In June, the market was closely watching for signs of cooling inflation, as the previous month's increase had…
A two-week winning streak for the AUDUSD currency pair came to an end as it closed the previous week 1.56% down. The U.S. dollar recovered its footing after surging against…
With a pivotal week ahead for precious metals, the gold spot price (XAUUSD) has traded rangebound as major central banks prepare to deliver the next round of interest rate decisions.…
The WTI Futures (NYMEX: CL) ticked up due to the potential for economic stimulus measures by the Chinese government to support weak economic data. Additionally, lower-than-expected inflation in the US…
After an impressive year-to-date rally in the technology sector that saw the Nasdaq 100 futures (CME: NQ) trading almost 40% higher, the market faces a stiff test as the latest…
The GBPJPY currency pair is enjoying a rare bullish session after gaining over 0.3% as the Japanese inflation remained above the Bank of Japan’s 2% target for the 15th consecutive…