Natural Gas Futures Tick Higher as Bullish Forces Linger
Natural gas futures (September 2022 delivery) have drifted higher again after their recent downside correction faltered. Even though the latest spike seems to have encountered resistance at the upper Bollinger band, the commodity continues to retain a bullish near-term picture. The...
UK Prelim Q2 GDP and Recession Outlook
After their last meeting, the BOE warned that 5 quarters of negative growth were coming. The consensus of expectations shows that there could be starting with data reports from tomorrow. There is an avalanche of data before the market opens,...
Oil Report: Bulls to Disrupt Current Stabilisation?
WTI’s price was on the rise yesterday, yet overall seems to remain rather stable yet at lower levels than our last report as the price remains near $90 per barrel. It should be noted that the data released related to...
Oil Report: Bulls to Disrupt Current Stabilisation?
WTI’s price was on the rise yesterday, yet overall seems to remain rather stable yet at lower levels than our last report as the price remains near $90 per barrel. It should be noted that the data released related to...
Dollar Recovering Mildly after Selloff, Aussie and Kiwi Strong
After yesterday’s selloff, Dollar is recovering slightly in Asian session today. But the greenback remains the worst performing one for the week. New Zealand and Australian Dollars are taking most advantage for now, helped by risk-on sentiment. But Swiss Franc...
Dollar Recovering Mildly after Selloff, Aussie and Kiwi Strong
After yesterday’s selloff, Dollar is recovering slightly in Asian session today. But the greenback remains the worst performing one for the week. New Zealand and Australian Dollars are taking most advantage for now, helped by risk-on sentiment. But Swiss Franc...
The easing of inflation pressures is giving the economy some breathing room, for now
A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. Andrew Kelly | Reuters If inflation has been the biggest threat to U.S. economic growth, then July’s data...
Stocks making the biggest moves midday: Coinbase, Roblox, Wendy’s and more
These are the stocks posting the largest moves in midday trading. Signal2frex feedbacks
US CPI Recap: A Turning Point in the Inflation Debate?
If the “peak inflation” theme gathers steam in the coming weeks, we may look back at today’s inflation reading as a major turning point for the year-to-date market trends. In Monday’s CPI preview report, we noted that traders and economists...
US CPI Release Will Determine Dollar’s Trend
It is definitely inflation day today. China, Germany, and Italy have released their consumer inflation data, while the US will release theirs before the New York session begins. Historically, inflation data has rarely deviated from expectations without triggering a market...
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