Nations rethink sanctions on Russia due to gas supply uncertainties
Of the sanctions recently imposed, LNG remains one of the most contentious commodities as nations are feeling the pinch of gas shortages.
FTSE 100 – Watch Out for 7313 Key Level
FTSE 100 is correcting and seems to be preparing to get back into the driver seat. Subject to not breaking through 6787 key level.
Bitcoin (BTC/USD) Technical Outlook is Bullish (For Now)
BTC/USD hit a major level last week as risk trends sank to what appear lows for now; cryptos set up to rally in the interim.
USD Up, NZD JPY Down as risk Sentiment returns; CA CPI
Rates as of 0500 GMT Market Recap A more riskon sentiment during the European and US days, with the Euro STOXX 600 index up 0.35 and the SP 500 up 2.5, with every sector higher on the day led by energy 5.1. But sentiment seems to have taken a downturn during the Asian day as […]
UK Shares Drop 1 as Inflation Spikes to 40Year High
FTSE 100 down 1.2, FTSE 250 off 1.4 UK May yy inflation hits 9.1, highest since March 1982 UK extends trading plan to sell taxpayer stake in NatWest; stock shines June 22 Reuters UK shares fell more than 1 on Wednesday after inflation in the country touched a 40yearhigh in May, adding further pressure on […]
Stocks and Oil Tumble as Recession Fears Mount
European stocks tumble as risk on mood evaporates Oil prices slump over 4 ahead of U.S. cap move Bond yields drop but euro zone spreads widen Dollar bulls send yen to new 24year low LONDON, June 22 Reuters World stock markets and oil prices hit the skids on Wednesday as the persistent palpitations about rising […]
Crude Oil Price Tanks as Recession Fears Grow Ahead of Fed Chair Powell’s Testimony
Crude oil gave up more ground today as risk aversion permeated markets ahead of Powell’s testimony before Congress later today. Will WTI break lower?
Gold, Silver Price Forecast: Retail Traders Remain Long Despite the Downside Risks
Gold and silver prices may remain pressured lower amid global monetary tightening. Retail traders remain aggressively net-long XAU/USD and XAG/USD, what does that mean for the road ahead?
Euro Technical Outlook – EUR/USD is at a Crossroads While EUR/JPY has Picked Up Steam
The Euro has bounced back into the range against the US Dollar but appears to have gained momentum against the Japanese Yen. Will EUR/JPY drag EUR/USD higher?
Japanese Yen Weakens to 1998 Low as Nasdaq 100 Rallies, Eyes on Asia-Pacific Trade
The Japanese Yen weakened to a 1998-low as the Nasdaq 100 rallied on Tuesday, a consequence of the Bank of Japan defending its ultra-loose policy last week. Will stocks rally in Asia next?