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.”
April 20 2023 🕓 3 min
Oil prices continue Wednesday’s decline
Oil continues its path downward as the US dollar increases and stocks decline as well. More corrections are expected towards the pre-OPEC+ price.
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 15 2023 🕓 5 min
5 best platinum stocks in 2023
Let's take a look at the top five platinum stocks that investors should consider adding to their holdings in this article.
April 14 2023 🕓 3 min
LNG sinks lower after winter – rebound is unlikely
The discount prices in LNG futures are attracting Asian buyers as the prices are below $2. Europe will have less to fill this year in terms of LNG stockpiles.
April 13 2023 🕓 3 min
Sugar stays at decade highs – more gains incoming?
The rally in commodities also pushed related assets like sugar to multi-year highs as supply could be limited in the next months.
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 12 2023 🕓 4 min
Fresh data are in – oil reaches three-month highs
Bulls remain in charge, driving oil prices higher after US data. Oil looks like it is ready to reach new highs in a rally.
April 11 2023 🕓 3 min
Gold is gaining slowly as traders wait for fresh data
Gold broke through the short losing streak as investors expect the next hike in May.
April 10 2023 🕓 5 min
How to invest in silver
Let's discuss how to invest in silver. Silver prices, the different types of silver stocks, and the different types of silver mine stocks.
April 8 2023 🕓 5 min
Comparison of Barrick Gold Corporation vs. Kinross Gold
This article discusses the main differences between Barrick Gold Corporation and Kinross Gold Corporation. Is there a clear winner?
April 6 2023 🕓 3 min
Crude is building tension while waiting for new data
The crude market is experiencing a "calm after the storm" after the big pump that we have seen recently. Will the price hold?