May 8 2023 🕓 3 min
Was there a speculative short selling on crude oil?
Crude oil keeps very volatile, from -17% to +15%. Was it a speculative short selling, or data-based price move?
Posts by Tomáš Potoček
Tomas is a professional trader and money manager on foreign exchange market from 2014. His main domain are commodities. Experiences gained due this period are transformed to consultant service for his clients to look around in the world of stocks, FX or commodities exchange. He sets up client’s portfolios, chooses right broker or teach them how to trade for themselves.
May 4 2023 🕓 3 min
Gold gains as Fed raises interest rates by 25 bps
Fed raises interest rates by 25 bps. Gold is up more than 3% from the beginning of the month with the sight of a pause in rate hikes.
May 2 2023 🕓 3 min
Chinese manufacturing data slashed crude – will oil also react to Fed?
Lower than expected PMI number from the biggest crude oil consumer, China, negatively affects the price of the commodity.
April 25 2023 🕓 3 min
Oils’ earnings week is here – so is volatility
Big oil companies are in an earnings week as China opens the sky for air traveling after Zero-Covid policy restrictions.
April 19 2023 🕓 3 min
Gold loses under pressure from rising bond yield
Gold holds a negative correlation with bond yields and the most watched fundament - Fed's rate decision.
April 17 2023 🕓 2 min
Copper sees extremely low level of stockpiles – what does it mean?
Copper heads to the lowest level of stockpiles in 18 years. The price elevated in the last 3 years by 80%.
April 12 2023 🕓 3 min
Where is crude going – technical analysis of oil after inflation data
Fresh inflation data kept oil up even with the fact that CPI leaves mixed signals all over the markets.
April 3 2023 🕓 4 min
OPEC+ switched and sent crude oil above $80
OPEC+ switched its policy and shockingly cut the production of crude oil by 1 million barrels. Is $100 level back in the game?
March 28 2023 🕓 3 min
What should you know about Saudi Aramco’s trip to China?
The stabilizing situation in the banking sector calms investors. Fed dovishness weakens the USD and China is backing their demand for crude with Saudi Aramco.
March 21 2023 🕓 3 min
Is Fed going to save everyone?
Safe havens gained as Fed is between two hard decisions. Fight the inflation which hurts the whole economy, or save the collapsing markets?
Tomáš Potoček | staff
Tomas is a professional trader and money manager on foreign exchange market from 2014. His main domain are commodities. Experiences gained due this period are transformed to consultant service for his clients to look around in the world of stocks, FX or commodities exchange. He sets up client’s portfolios, chooses right broker or teach them how to trade for themselves.