Tag: china

Macro data slashed the crude oil down – can it go lower?
WTIOIL
-2.02%

Macro data slashed the crude oil down – can it go lower?

Last week was not very good for crude oil. Fed, OPEC, and fear of recession negatively affected the black gold, which went under $73.
AUD/USD plunges after miserable Australian data
AUDUSD
1.51%

AUD/USD plunges after miserable Australian data

The Australian dollar slid again as investors remain in a risk-averse mood ahead of this week's key macro updates.

Coal slowly slides down, but defends 200-day average

Mild weather and higher production are capping the price of coal. Why is it and what can happen this year with the commodity?

AUD/JPY dips amid JPY strength, awaits Fed this week for direction

The Aussie remained under pressure today as JPY fundamentals supported the Yen.
Gold awaits fresh data to move- where will inflation send it?
XAU
0.48%

Gold awaits fresh data to move- where will inflation send it?

The volatility from 2022 can continue in 2023. China's new Covid outbreak, the war in Ukraine, and the next Fed's rate can move the price of gold significantly.
AUD/USD stays near its cycle highs
AUDUSD
1.51%

AUD/USD stays near its cycle highs

Volatility will be minimal today, but this week's US data could bring some interesting movements in the FX market.
Oil falls and stays below key support – where can it go next?
WTIOIL
-2.02%

Oil falls and stays below key support – where can it go next?

A weaker dollar helped to offset some of the worries about demand caused by the rising number of Covid cases in China.
Gold seems to have run out of safe haven steam
XAU
0.48%

Gold seems to have run out of safe haven steam

Bears have a quick response to Tuesday's monthly highs with renewed key support testing.
Risk-off sentiment persists in crude oil market
WTIOIL
-2.02%

Risk-off sentiment persists in crude oil market

Crude oil heads to the second month of decline thanks to lower economic growth predictions and higher inflation.
Copper enjoys strong rebound after China news ★ Premium This content is only available for registered users - sign up for free now
XCU
-1.34%

Copper enjoys strong rebound after China news

The price of copper increased by the most in a single month since April 2021. A new copper treating process may bring new inventory.
Silver is another victim of protests in China
XAG
-0.14%

Silver is another victim of protests in China

The start of the new week was not the best for precious metals. Silver's volatility is above 3,5%. Covid protests in China bring uncertainty into markets.
Oil hits one-year lows as China faces protests
WTIOIL
-2.02%

Oil hits one-year lows as China faces protests

Massive anti COVID-19 protests in China send oil to lowest prices in a year. Uncertainty and politics keep dominating the market sentiment.