Oil, Crude, trading
Read More »Crude Oil Retreats From Session Highs As US Shares Drop
WTI crude oil has pulled back from session highs above $80.00 as US equities came under selling pressure at the opening of the North American session.Crude oil is expected to continue to perform better than equities, which are suffering from the Fed’s hawkish policy, if the demand outlook remains strong.Amid …
Read More »Oil Faces Conflicting Technical Signals 11/1/2022
Oil, Crude, trading
Read More »Market Drivers – US Session – 10 January
The US dollar seesawed between gains and losses, attempting to find a clear direction and led by US Treasury yields once again. As the 10-year U.S. Treasury yield spiked to start 2022, investors have been rotating into more cyclical and value names. On Monday, the 10-year climbed as high as …
Read More »Canadian Stocks Fall On Tech, Oil
Canada’s main stock index, the S&P/TSX, fell to three-week lows below the 21,000 mark, amid a global risk-off sentiment fueled by growing concerns that the Federal Reserve will bring forward rate hike plans. Technology stocks dipped 2.3%, falling for the sixth session in a row as bond yields continue to …
Read More »Oil May Witness a Downward Trend 10/1/2022
Oil, Crude, trading
Read More »Weekly Recap 3 – 7 Jan.
The last trading week ended with a decline in the US dollar as risk appetite improved with optimism around Omicron, in addition to data out of the USA. As a result, the dollar index, which measures the strength of the US currency against a basket of currencies, fell to 95.7. …
Read More »Oil Extends Its Gains 7/1/2022
Oil, Crude, trading
Read More »Oil May Witness a Downward Trend 6/1/2022
Oil, Crude, trading
Read More »Oil Maintains Gains And Positivity Remains 5/1/2022
Oil, Crude, trading
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