Tag: WTI
Breaking News
AUD/USD and Commodities decline as Dollar rally resumes – MarketPulse
Traders push back RBA rate hike bets until November
WTI and Brent crude implied volatility falls to lowest since 2020
Turkey unloads significant portion of...
Oil and loonie flying high together again – MarketPulse
Oil poised for best monthly performance since early 2022
Net-long positions in WTI rise to highest levels in 3 months
Goldman says global oil demand...
Canadian dollar struggles to rise alongside oil – MarketPulse
USD/CAD little changed ahead of FOMC decision
Canadian dollar was fourth-worst performer in the Group-of-10 currencies.
Oil rallies on improved global outlook and Chinese stimulus
Gold...
Oil reaches 3-month high, Gold and Bitcoin edge lower – MarketPulse
Oil
Crude prices are tentatively breaking out as expectations remain for the oil market to remain tight despite all global weakness that is emerging. ...
Oil rises as OPEC+ likely to try to keep oil market tight; Gold lower on strong USD – MarketPulse
Commodities are starting to post some diverging trends as US soft landing hopes improve. Oil has benefited from a resilient US economy, but...
WTI Oil Technical: Potential bullish reversal “Descending Wedge” in play – MarketPulse
Major downtrend phase from the 7 March 2022 swing high has evolved into a potential bullish reversal “Descending Wedge” configuration.
US$77.30 is the key...
Stocks gain ahead of June CPI report – MarketPulse
US June CPI M/M: 0.3%e v 0.1% prior; Y/Y: 3.1%e v 4.0% prior; Core CPI (ex food and energy)M/M: 0.3%e v 0.4% prior;...
Oil weakens on weaker global growth outlook, Gold and Bitcoin unfazed – MarketPulse
Commodities get little support from a weaker dollar
Demand destruction likely to force Saudis to extend cuts
Bitcoin holds onto the $30,000 level
Oil
Crude prices are...
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...
Stocks lower as Hawkish Powell doubles down on tightening threat – MarketPulse
Dollar drops after 3-day rally
Powell remains hawkish; bringing down inflation has a long way to go
Fed swaps price in a 69.2% chance of...
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...