Oil prices are up over 1.00% this Friday ahead of last Oil data points for 2024. Key US Oil data will be released Friday, with expectations for another draw down. The US Dollar Index trades flat and resides just above 108.00, heading into New Years Eve next week. Crude Oil prices are speeding higher on…
Oil prices is stuck in tight range with traders set to head into the Christmas holidays. Markets are not rebalancing despite some headlines about further stimulus in China, one of the top global consumers. The US Dollar Index trades just below its current two-year high as volatility winds down. Crude Oil prices are starting to see…
In the wake of President Trump’s incredible political comeback and victory, billionaires and tech titans are flocking to Palm Beach, eager for an audience with the newly reinstated leader. The private airport near Mar-a-Lago has become the scene of a high-stakes competition, with private jets crowding its runways as power players vie for face time…
Oil prices are for failing to hold on this week’s winning streak. The EIA report from Wednesday showed Cushing Crude Supply fell to a seven-year low. The US Dollar Index trades stronger after the European Central Bank interest-rate decision failed to convince markets. Crude Oil sees its attempts for booking a fourth straight day of…
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United States Baker Hughes US Oil Rig Count above forecasts (478): Actual (482) Source link
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any…
The US Dollar off the lows for this Friday with markets nervous on France’s budget talks possibly toppling the government. Monday’s opening might get choppy if French Prime Minister Michel Barnier is unable to secure a deal with the far-right National Rally party. The US Dollar Index is back above 106.00 and is looking for…
The US Dollar Index receives downward pressure from optimism in bond market. 2-year and 10-year bond yields depreciate to 4.21% and 4.23%, respectively. US data indicated a resilient economy, suggesting that the Fed may adopt caution in 2025. The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other…
The Greenback shrugged off its bearish start to the week and regained decent upward momentum on Tuesday, supported by a modest recovery in US yields. This came as President-elect Donald Trump proposed implementing tariffs on imports from Canada, Mexico, China, and the EU. Here is what you need to know on Wednesday, November 27: The…