Tag: Oil

Risk-Off Trade as Ukraine Fears Rise

Oil prices rallied to 95.00 yesterday before falling sharply lower. The selloff extended a move lower seen on Tuesday when oil dropped 3.5%...

Russia/Ukraine Fears Drive Safe-Haven, Oil Higher

The price of Gold jumped 1.8% on Friday, helping the precious metal book its largest weekly gain since May 2021. The Gold market...

BP Reports, Bitcoin Keeps Rising & API Oil Inventories Due

BP is expected to open higher in the US after reporting bumper profits on the back of surging oil and gas prices. The...

ECB Lifts the EUR, Amazon Soars & WTI Oil Pushes Over $90

EUR/USD jumped 1.2% higher yesterday and it added to those gains today following a hawkish twist from the ECB. As expected, the ECB...

An Aggressive Fed Boosts USD, Apple Reports & Oil Rises

Apple is set to release its fiscal Q1 earnings after the closing bell. The tech giant benefited greatly from the pandemic as people...

Fed Fears Drive Global Stock Indices Lower – BAC Reports Earnings

Bank of America is set to report Q4 earnings ahead of the US market open today. Expectations are for an increase in revenue...

BoJ Rate Decision Due, British PM Uncertainty Limits GBP

In the first monetary policy meeting of 2022, the Bank of Japan is expected to keep its negative interest rate and asset purchases...

Markets Mixed as US Inflation Data Digested

The Dow Jones closed 0.1% higher on Wednesday. However, the futures are falling lower as investors continue digesting the surge in US inflation....

Traders Look to Fed Chair Powell for Direction

Gold is rising, adding to yesterday’s gains, whilst recouping some of last week’s 2% losses. Gold sold off last week on the prospect...

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