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Tag: WTI Crude

Week Ahead – Powell’s Jackson Hole Speech will be Must-See TV – MarketPulse

US The main event for next week will be the Kansas City Fed’s Jackson Hole Symposium.  Fed Chair Powell’s speech will reiterate that more...

WTI Crude Oil Surges to a New Year-to-Date High Above $83.60, Focus Shifts to US Consumer Price Index

WTI Crude Oil Surges to a New Year-to-Date High Above $83.60, Focus Shifts to US Consumer Price IndexThe price of West Texas Intermediate (WTI)...

Forexlive Americas FX news wrap: US dollar falls as non-farm payrolls tilt lower | Forexlive

Markets:Gold up $8 to $1941US 10-year yields down 14.5 bps to 4.04%WTI crude up $1.10 to $82.65EUR leads, CAD lagsS&P 500 down 24 points,...

King Dollar returns and takes down Commodities and their Currencies – MarketPulse

USD surges as 10-year Treasury rises 4.4bps to 4.067%, highest level since November Oil unable to rally after US crude stockpiles dropped by a...

Too early to celebrate disinflation – MarketPulse

Current up moves in long-duration equities and fixed income came at the expense of a weaker US dollar. A persistent weak US dollar may...

WTI consolidates recent gains around $71.00 as China data, sour sentiment prod Oil buyers

Share: WTI crude oil pares the biggest daily gains in a week amid downbeat mood. China Caixin Services PMI drops in...

Oil is ready to rally, Gold stabilizes, SEC sends Bitcoin towards $30K – MarketPulse

Oil Oil’s fourth straight quarterly decline should be its last one. WTI crude is trying to stabilize above the $70 level as the oil...

Oil and gold tumble as central bank tightening threatens global outlook, Bitcoin at $30k – MarketPulse

Oil Oil prices are going to remain heavy as central bank tightening will kill the global growth outlook. ​ Energy traders will keep a close...

Risk aversion weigh on oil and gold, Bitcoin rises on BlackRock planned ETF and EDX launch – MarketPulse

Oil Crude prices are lower on disappointment with the size of cuts with China’s key lending rates. ​ Oil seems locked in on anything and...

Oil rallies for second day after Senate votes through debt-ceiling deal, NFPs fuel uptrend

Share: Oil price recovers for the second day after the debt-ceiling bill gets voted through by the US Senate.  The possibility...

Commodities Finance Supply Challenges: Brent-WTI Spread

The London Metal Exchange (LME) experienced a surge in zinc inventories, leading to a deeper contango in commodities finance. The influx of zinc into...

Seeking Equilibrium

Since October 2022, global market liquidity has seen an uptick, with digital assets, and precious metal prices responding positively, and in an increasingly coupled...

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