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?
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
May 7 2023 🕓 5 min
Is it better to invest in bullion or stock market?
This article discusses the pros and cons of investing in precious metals and stocks. It is important to know this difference before investing.
May 5 2023 🕓 3 min
Oil erases half of the week’s loss – will crude mark a red week?
Oil jumped on Friday after what has been the biggest selloff in recent weeks. Will oil break through and end the week in the green?
May 4 2023 🕓 3 min
LNG keeps moving sideways – will it sink below $2?
LNG keeps a steady range and moves mostly sideways. Will we see new price movers affecting the LNG market this year?
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.
May 1 2023 🕓 4 min
How did Russia-Ukraine war affect corn stocks?
Corn jumped to new all-time highs amid Russia - Ukraine war, sending corn stocks higher. Why did it happen?
April 30 2023 🕓 5 min
Is palladium a good investment in 2023?
The demand for palladium is rising and the factors that contribute to its price increases are more prominent. Is it a viable asset in a portfolio?
April 28 2023 🕓 3 min
Gold is stuck in a neutral zone – slips below $2,000 again
Gold still needs to make a meaningful move despite another day full of macro data. Will we see it above $2,000 soon?
April 27 2023 🕓 3 min
Silver may reach record highs as supply is reaching record lows
Silver prices skyrocketed this year acting as a safe-haven asset amid Fed hiking and recession fears. The banking crisis added fuel to the fire.
April 25 2023 🕓 4 min
Gold solidifies below $2,000 – are bulls losing power?
It looks like bulls are losing strength as the upside momentum has waned recently. Will we see gold prices above $2,00 or is gold turning?
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 21 2023 🕓 3 min
Silver falls below $25 despite record demand data
Silver could continue heading lower as investors are taking profits from the recent massive rally. A strong correction can also spark a strong raise.