Tag: WTI
Breaking News
ICE Reports Strong Performance for September 2023
Intercontinental
Exchange, Inc. (ICE) has released its trading volume and revenue statistics for
September 2023. These figures reflect ICE's strong performance in various
sectors, particularly in energy...
CME Group’s Strong September 2023
CME Group has released its market statistics for September
and the third quarter of 2023. These statistics indicate a strong
performance for the company during this...
WTI Oil Technical: Continuation of potential impulsive up move within a major uptrend – MarketPulse
The recent minor corrective pull-back of -4.7% from its 19 September 2023 high of US$93.05 is likely to have ended.
Bullish reversal candlestick, a...
WTI Oil Technical: Bullish exhaustion sighted below US$93.80 per barrel key resistance – MarketPulse
Recent 4 weeks of bullish movement in WTI crude oil has flashed out bullish exhaustion conditions.
At the risk of shaping a bearish counter-trend/mean...
Nasdaq 100 Technical: Slipped back below 50-day moving average as Fed FOMC looms – MarketPulse
Bullish tone dissipated last Friday, 15 September ex-post Arm’s IPO spectacularly first-day positive performance as the Nasdaq 100 had a weekly close below...
USD/CAD eyes key resistance at 1.3700, pares losses on OPEC driven oil price surge – MarketPulse
Loonie pares losses alongside oil price surge
Oil rises on OPEC+ action, but may remain a choppy trade on global growth concerns and rising...
Brent Crude – Oil edges cautiously higher after mixed Chinese PMIs – MarketPulse
Strong run continues
Chinese data doesn’t hinder the rally
Momentum may be key as price approaches August highs
Oil prices are nudging higher again today, technically...
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...
Dollar dip might be temporary if US outlook remains robust – MarketPulse
Walmart CEO is more optimistic about spending patterns than he did 3 months ago
Dollar’s five-day rally halted as yen and yuan rebound
Fed could...
WTI Oil Technical: Time for a potential short-term pullback – MarketPulse
Recent bullish breakout from “Descending Wedge” has led to a 10% rally to reach a medium-term resistance zone of US$83.80/84.90.
Technical elements are now...
Loonie rallies as wages accelerate and oil price rally continues – MarketPulse
Canada lost 6,400 jobs in July as the unemployment rate rose for a third straight month
Canadian wage pressures jump to 5.0%, which might...
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...