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 3 2023 🕓 2 min
Gold aiming for the sky – will the rally last?
Gold finally looks like it could recover most of it's lost value in the near future.
March 2 2023 🕓 3 min
Natural gas breaks out of the selling spree – will gas finally rally?
It looks like the short-term upswing on gas could continue amid colder weather.
March 1 2023 🕓 2 min
Rally in crude oil seems short lived – where is oil heading now?
Crude oil's rebound seems to have been short lived as prices fall back down after the US session opens.
February 28 2023 🕓 3 min
Copper rebounds off massive support – can it stay above $4?
Technical analysis might tell us what happens next in the copper market.
February 27 2023 🕓 3 min
Is gold going to hold a crucial $1,800 level?
The fear of higher inflation negatively impacts gold, which is at a nine-week low. But futures volume data shows something else.
February 24 2023 🕓 2 min
Silver is headed for a red weekend yet again
Risky enviroment and the US dollar's gain are pulling silver down to close another red week.
February 23 2023 🕓 2 min
Natural gas jumps on Thursday
Natural gas futures open with a jump on Thursday. Is it headed for a green close?
February 22 2023 🕓 3 min
Gold shows no willingness to move – awaiting FOMC minutes
Gold has not moved anywhere this week as investors remain on the sidelines.
February 22 2023 🕓 3 min
Traders prepare for a bumpy season in crude oil
Volatility in crude oil continues and fear of further development pushes commodity traders to reduce their money in markets.
February 17 2023 🕓 2 min
Oil is heading for a red weekend due to Fed fears
Oil turns red as traders cannot loose their Fed hiking fears.
February 16 2023 🕓 2 min
Palladium sinks to 3-year lows amid hawkish Fed wagers
The industrial commodity, palladium, continues in its downtrend, falling to fresh cycle lows.
February 15 2023 🕓 2 min
Natural gas trades higher – rally incoming?
Natural gas traders put a brief hold on selling to look around and analyse the next steps. The selling continues on Wednesday.