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.”
January 26 2023 🕓 2 min
Crude oil goes to the side with the Fed ahead
Crude oil stays in close range thanks to weaker inventories and fear from China’s economic activity. Eyes on Fed rate decision.
★ Premium This content is only available for registered users - sign up for free now January 24 2023 🕓 3 min
Gold pushes on as dollar continues the selloff – will it reach $2,000?
Gold continues its weeks old trend upwards as bulls feel a strong comfort in the shiny metal.
January 23 2023 🕓 3 min
Oil stays up as China celebrates a week of the Lunar New Year
It is China's vacation week, therefore the rest of the world is trading oil mostly blindfolded. But no news equals good news.
January 19 2023 🕓 2 min
Will oil stay above $80?
Despite the negative sentiment in the markets, oil rose notably as reopened China boosts demand expectations.
January 18 2023 🕓 3 min
Is gold losing the steam?
After the strong uptrend from the beginning of the year, gold could signal the first sign of losing steam.
January 17 2023 🕓 3 min
Copper with bullish tendencies as China ends Zero-Covid policy
Copper is rising further as Chinese economy picks up.
January 15 2023 🕓 5 min
Commodities outlook for 2023 – where is gold, oil or wheat headed?
In this article, we take a look at the most traded commodities - gold, oil and wheat. Lets try to paint a picture for 2023.
January 12 2023 🕓 3 min
Oil after inflation data – hurrah for the bulls!
Oil is enjoying another green day after the US Consumer Price Index release. News are suggesting Fed could slow down the hikes even more.
January 9 2023 🕓 3 min
Will the silver hold the crucial support ahead of the US CPI?
Lower inflation pressure from soft data in the US poured money into precious metals. Thursday's CPI can show the way for silver.
January 5 2023 🕓 3 min
Oil erases gains on Thursday as sentiment stays bearish
Thursday's rally could prove short lived as bears tend to sell all the rallies in oil. 2023 does not look promising for the bulls so far.
January 4 2023 🕓 3 min
Natural gas suffers another large decline, drops to pre-war levels
Warm weather in Europe has brought the price of natural gas sharply lower.
January 3 2023 🕓 3 min
Oil stuck near strong resistance – fight for $80 continues
Bears remain in control of oil for now as sentiment remains pessimistic.