May 9 2023 🕓 3 min
AUD/USD dips as crucial resistance holds – will bulls break it?
The major resistance at 0.68 is limiting the Aussie's gains, but it looks like we could see a breakout in the near future.
Tag: china
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?
May 2 2023 🕓 3 min
Chinese manufacturing data slashed crude – will oil also react to Fed?
Lower than expected PMI number from the biggest crude oil consumer, China, negatively affects the price of the commodity.
April 25 2023 🕓 3 min
Oils’ earnings week is here – so is volatility
Big oil companies are in an earnings week as China opens the sky for air traveling after Zero-Covid policy restrictions.
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%.
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 15 2023 🕓 3 min
Coal production rises as China is re-opening mines
Coal minig is increasing in China. The Chinese government encourages the miners to produce more as it expects new demand after covid opening.
March 6 2023 🕓 3 min
Crude oil skyrockets above $80
Crude oil has entered the area above the level of $80. China's economic recovery is still crucial for the commodity as nervosity raises.
March 1 2023 🕓 3 min
AUD/USD surges after economic data and broad US dollar decline
Sentiment seems optimistic after today's Chinese data, pushing higher risk assets.
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 8 2023 🕓 3 min
AUD/USD defends gains after another rate hike
The Aussie continued in its bullish momentum, capitalizing on the broad US dollar weakness today.