Oil prices fell from 2014 peak, supply limited losses
Oil prices fell from 2014 peak, supply limited losses Oil prices corrected on Thursday after hitting their highest since 2014 in the previous session on strong demand and short-term supply disruptions, losses-limiting fundamentals, investors are locking in. word. Brent oil futures fell 72 cents, or 0.81%, to $87.72 a barrel, by 0152 GMT. The global […]
China’s refinery output in 2021 rises 4.3% to a record high on strong fuel demand
China’s refinery output in 2021 rises 4.3% to a record high on strong fuel demand China’s refinery output hits a record high in 2021, up 4.3% year-on-year, especially due to strong fuel demand in the first half of the year and as refineries increase. increased processing to fill the supply after the new heavy tax […]
XAU/USD bulls point to further US dollar weakness
XAU/USD bulls point to further US dollar weakness Potential catalysts for the day ahead will come during the US session with New York Fed President John Williams and retail sales in the United States. The Fed will then enter a shutdown until its next interest rate decision later this month. This makes the US data […]
EUR/USD swings between 1.1400 as ECB-Fed fight intensifies after US inflation
EUR/USD swings between 1.1400 as ECB-Fed fight intensifies after US inflation EUR/USD is balanced around the highest level since mid-November early Thursday morning in Europe. Major currency pairs made the biggest jump in 5 weeks the previous day as the US dollar fell to multi-day lows as inflation data matched expectations, causing market challenges causing […]
USA T-bond yields, S&P 500 Futures portray pre-Inflation anxiety
USA T-bond yields, S&P 500 Futures portray pre-Inflation anxiety Global markets began to slow on Wednesday as key US inflation cautious sentiment probed earlier optimism fueled by US Federal Reserve Chairman Jerome Powell. The risk appetite also defies concerns about the coronavirus with links to South Africa, specifically Omicron, as well as CPI/PPI data from […]
AUD / USD approaches 0.7200 as risk sentiment joins Australian mixed data
AUD / USD approaches 0.7200 as risk sentiment joins Australian mixed data The AUD / USD hit a daily high near 0.7185 as mixed data at home added to the market’s cautious optimism to challenge immediate action early on Tuesday. 4,444 Australia’s retail sales exceeded expectations of 3.9%, 4.9% exceeded 7.3% MoM and the trade […]
Analyst says inflation increases problems in emerging markets like Kazakhstan
Analyst says inflation increases problems in emerging markets like Kazakhstan Rising food and fuel prices pose serious challenges for emerging countries, according to an economic risk analyst, who highlighted the mass protests taking place in Kazakhstan over fuel. Skyrocketed. “In particular, many countries are facing the challenge of increasing food and fuel prices as this […]
USD/JPY holds near 113.60 on steady hand at BoJ
USD/JPY holds near 113.60 on steady hand at BoJ USD/JPY remains on the defensive as the European session approaches and was last seen trading near three-day lows, around mid-113.00. After struggling to find bullish acceptance above the 114.00 mark, USD/JPY sold off on Thursday and reversed the previous day’s FOMC move to monthly highs. A […]
Options market USD/CAD turns most bearish in last two weeks & expecting volatility in future
Options market USD/CAD turns most bearish in last two weeks & expecting volatility in future WTI crude fell to $70.40 in an early two-day rally on Tuesday. While the 2-day symmetrical triangle limits Black Gold’s recent move, adding 50 HMA to the RSI’s decline and the upper barrier is encouraging for sellers. However, a clear […]
Xtreamforex Asia FX news wrap: Mixed bag for FX to open the week
Xtreamforex Asia FX news wrap: Mixed bag for FX to open the week Blended moves for monetary forms and, in the master plan, not a ton of net change with the little swings we saw. NZD/USD is a touch more fragile, the delta episode is demonstrating diligence in the country with the most elevated new […]
The Reserve Bank of New Zealand issued a report on bank liquidity
The Reserve Bank of New Zealand issued a report on bank liquidity It was an essentially sideways meeting for major FX rates. AUD, NZD, CAD all showed a modest quantity of solidarity against the USD. The News stream was exceptionally light. On the information front, we had Japanese GDP, the last read for Q2 came […]
Call on commodities – All that glitters is Gold!
Call on commodities – All that glitters is Gold! Regardless of economic and political turmoil, it’s fairly clear that no other commodity boasts such a long-standing trust record. Considered a “safe-haven asset”, gold has the highest appeal for investors in the tough times of natural disasters, wars, monetary policy change, hyperinflation, or any sort of […]
What are the Best Kinds of Trading Products for Making Profit?
What are the Best Kinds of Trading Products for Making Profit? Trading is a great way to make a profit in the present world and involves the buying and selling of goods and services for profitable desires. Individuals, businesses, and governments are happy to take part in this activity because they make profits that help […]
Bitcoin Slips Down Below at Level $13,000 Since the Last Rally
Bitcoin Slips Down Below at Level $13,000 Since the Last Rally The Bitcoin seems to the low at the level of $9,813 in September that managed the bitcoin to reach at the level high at $13,868. The bitcoin price is rejected to the sequential indicators on the 3-day chart. If we have a look at […]