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.”
March 21 2022 🕓 3 min
Gold affected by Fed’s Powell statement
Powell admits that high inflation considerably pressures on Fed´s committee to change predictions on interest rates hikes.
March 18 2022 🕓 2 min
Commodities surged after Fed
Fed decision brought no surprise for the markets, and mixed signals from Ukraine-Russia peace talks have sent price of commodities up.
March 16 2022 🕓 2 min
Talks among Ukraine and Russia ease the price of yellow metal
Continuous talks among Ukraine and Russia brought revert move on yellow safe haven asset, when it plunged by more than 3.5%.
March 12 2022 🕓 3 min
Crude oil in the era of extremely high volatility
Over the past 5 days we saw more important statements for crude oil being published than over the period of last year. And consequences are apparent in the price development.
March 8 2022 🕓 2 min
Countries defer about Russian oil restrictions
High prices of fuel across Europe and the rest of the world brings question about economic sustainability and possible recession.
March 5 2022 🕓 3 min
Gold surges amid current conflict
Gold surges amid current conflict, but within a day, price consolidates to pre-elevated levels. This is the formula of current week price move.
March 1 2022 🕓 3 min
Gold, War and FED
Every coin has two sides. Uncertainty favors safe heavens. Bull trend is logical. On the other hand, rate hike could spark sales.
February 26 2022 🕓 3 min
Crude oil rollercoaster
War is here. Russia invaded Ukraine and volatility in the markets is increasing.
February 26 2022 🕓 3 min
Gold Whipsaws, Closely Follows News from Ukraine
This morning, news that Russia is ready to send a delegation to Minsk for Ukraine talks, sent the bullion further lower.
February 22 2022 🕓 3 min
WTI is uncertain – waiting for the next move
For the past few weeks, we could see rising tensions at Ukraine-Russia border. Markets are nervous. Volatility is higher than usual. While it seems like there is no winner at this point, the markets are showing otherwise.
February 21 2022 🕓 3 min
Statistical, technical & behavioral analysis of Copper
The negative correlation of copper inventories confirms the current positive development of this commodity.
February 18 2022 🕓 2 min
Are gold and silver about to rise?
Today we will look at gold and silver after some time. We will mostly look at long term outlooks for both of these metals. Both commodities have been moving sideways for a while and show no real trend. Past couple of days however showed a change in this sentiment.