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 5 2023 🕓 3 min
Gold keeps a strong footing with economic uncertainty
Gold is keeping a strong footing as safe haven sentiment dominates the buying power for the yellow metal.
April 4 2023 🕓 3 min
Natural gas experiences the worst quarter ever – more decline coming?
The LNG market is breaking many records simultaneously, with the price falling nearly every session.
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?
April 2 2023 🕓 5 min
Top 10 gold stocks for 2023 – everything you need to know
This article discusses gold stocks and why investors should at least consider having them in their portfolios.
March 31 2023 🕓 3 min
Is copper going to keep rising?
It seems that currently copper is attractive mostly to long term holders. Will the predictions prove accurate or will the sentiment change?
March 30 2023 🕓 4 min
WTI advances toward previous support – more upside in the cards?
If oil is able to overcome recent resistance, we may witness another move upwards for this commodity.
March 29 2023 🕓 3 min
Natural gas production may rise with US and Canada in charge
The US and Canada are expanding natural gas production rapidly. Will the LNG price meet their expectation?
March 28 2023 🕓 3 min
Gold jumps as stocks fall, but confidence remains weak
Gold capitalized on a weaker dollar today, maintaining a bullish trend. Are we going back to $2,000?
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 24 2023 🕓 3 min
Is copper on track for a massive rally?
Many significant investors expect copper prices to jump notably. What is this assumption currently based on?
March 23 2023 🕓 3 min
Natural gas lifted after EIA data – is gas dead?
The fresh EIA storage data lifted the price of natural gas, however nothing ground-breaking happened. Will we see a rise ever again?
March 22 2023 🕓 3 min
Oil is recovering before Fed’s rate announcement – will it hold?
The crudes outlook definitely seems positive for now. Will the sentiment turn after Fed announces it's decision?