April 20 2023 🕓 3 min
Oil prices continue Wednesday’s decline
Oil continues its path downward as the US dollar increases and stocks decline as well. More corrections are expected towards the pre-OPEC+ price.
Tag: technical analysis
April 19 2023 🕓 4 min
Nvidia maintains traction due to AI – analysts changed price targets
Nvidia gained a lot of momentum as giants like HSBC and BofA increased their price estimates. AI and future computing all rely on Nvidia.
April 14 2023 🕓 3 min
LNG sinks lower after winter – rebound is unlikely
The discount prices in LNG futures are attracting Asian buyers as the prices are below $2. Europe will have less to fill this year in terms of LNG stockpiles.
April 13 2023 🕓 3 min
Sugar stays at decade highs – more gains incoming?
The rally in commodities also pushed related assets like sugar to multi-year highs as supply could be limited in the next months.
April 12 2023 🕓 4 min
Fresh data are in – oil reaches three-month highs
Bulls remain in charge, driving oil prices higher after US data. Oil looks like it is ready to reach new highs in a rally.
April 11 2023 🕓 3 min
Gold is gaining slowly as traders wait for fresh data
Gold broke through the short losing streak as investors expect the next hike in May.
April 10 2023 🕓 6 min
5 things to know before the stock market opens
The stock market can be difficult to navigate. To be prepared, here are 5 things to know before the stock market opens.
April 6 2023 🕓 3 min
Crude is building tension while waiting for new data
The crude market is experiencing a "calm after the storm" after the big pump that we have seen recently. Will the price hold?
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 🕓 3 min
Canadian dollar appears to be stronger despite gloomy BOC outlook
The Canadian businesses as well as the consumers think the economy will not recover as fast, according to the BOC survey for Q1.
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?