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Tag: WTI

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...

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