Crude Oil Prices Halt Slide as Risk Assets Get Amnesty on Biden Assessment. Higher WTI?
Crude oil prices enjoyed some respite today as risk assets found some support after recent turmoil. Is this simply a reprieve or pause in the uptrend for WTI?
Crude oil prices enjoyed some respite today as risk assets found some support after recent turmoil. Is this simply a reprieve or pause in the uptrend for WTI?
The limited reaction to the Fed’s semi-annual testimony may lead to a near-term correction in USD/CAD as the RSI reverses ahead of overbought territory.
After trading higher for most of the day, the S&P 500 turns lower and notches a small loss, weighed down by fears that the Fed may spark a recession in the process to tame inflation.
Demystify the concept of the gamma squeeze by uncovering its foundations, causes and examples in this practical article.
Equities erase premarket losses as Fed Chair Jerome Powell testifies on Capitol Hill.
It’s back into the red again, as Fed Chair Powell’s testimony begins.
Bitcoin has come under further pressure as rate rises from the Fed, BoE and SNB last week are starting to add up to a risk asset rout. What will turn BTC/USD around?
Canada’s annual inflation accelerated to 7.7% in May, the highest level since 1983, raising expectations that the BoC will have to tighten monetary policy aggressively in the coming months.
A steady decline in oil, gold and platinum prices weighed on the index as global equities struggle. SA inflation breaches the 6% target, with implications for the ZAR
Gold is looking increasingly likely to re-test recent support but traders should be wary of Fed chair Jerome Powell’s upcoming testimony on Capitol Hill.