June 2022 – Page 19 – UAG Trade Asia

Crude Oil Price Forecast: At a Critical Juncture on the Charts

WTI oil was hit hard last week and on that it is testing the resolve of longs; there lies support at its feet and it will need to pop back soon or else may head much lower.

June 21, 2022
Finance
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Here are the leading search topics currently trending on the Bloomberg Terminal.

Crude Oil Halts Slide as Risk Assets get Amnesty on Biden’s Assessment. Higher WTI?

Crude oil enjoyed some respite today after risk assets found some support after recent turmoil. Is this simply a reprieve or pause in the uptrend for WTI?

June 21, 2022
Oil
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June 6 Reuters Barclays on Monday raised its Brent crude price forecasts by 11 per barrel for 2022 and 23 for 2023, citing a larger and sustained disruption in Russian supply following sanctions by the European Union. The British bank sees Brent prices averaging 111 this year and next, while it sees U.S. West Texas […]

June 21, 2022
Politics
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RBA raises cash rate 50bp to 0.85, above market wagers Says more hikes will be needed to control rising inflation Markets price in more 50bp moves, yields hit decade highs SYDNEY, June 7 Reuters Australia39;s central bank on Tuesday raised interest rates by the most in 22 years and flagged more tightening to come as […]

US Dollar Winning Streak Extends, Now What? USD/THB, USD/IDR, USD/PHP, USD/SGD

The US Dollar extended its offense against ASEAN currencies last week, placing the Thai Baht, Indonesian Rupiah and Philippine Peso at risk. The Singapore Dollar is putting up a fight.

Crude Oil Price Forecast: Despite Pullback, Bullish Triangle Remains – What's Next?

Crude oil prices dropped sharply last week, but a bullish triangle – a continuation effort – lingers.

June 20, 2022
Forecast
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It was a busy week in markets, with volatile action across equities and currencies. That volatility may persist in the coming week. Mr. Powell’s testimony before Congress is perhaps the key event t…

Canadian Dollar Forecast: Has Loonie Weakness Run its Course? Setups for CAD/JPY, USD/CAD

The Canadian Dollar has been on a losing streak, but technical setups suggest that a change in fortunes could arrive soon.

June 20, 2022
Business
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June 20 Reuters British retailer Marks Spencer on Monday named Alex Freudmann as its new food boss, succeeding Stuart Machin, who was promoted to group chief executive last month. Freudmann, who is currently managing director of Australian beer, wine and spirits retailer Dan Murphy39;s, will join MS as MD of food on Nov. 1 and will […]

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Crude Oil Price Forecast: At a Critical Juncture on the Charts

Seven top search shifts on Bloomberg’s AI-powered Research Analytics Platform this earnings season

Crude Oil Halts Slide as Risk Assets get Amnesty on Biden’s Assessment. Higher WTI?

Barclays Raises Brent Forecasts on Russia Oil Sanctions

RBA Raises Rates by 50 bps in Hawkish Surprise

US Dollar Winning Streak Extends, Now What? USD/THB, USD/IDR, USD/PHP, USD/SGD

Crude Oil Price Forecast: Despite Pullback, Bullish Triangle Remains – What's Next?

Markets week Ahead: Dow Jones, US Dollar, USD/CAD, GBP/USD, USD/JPY, Powell, Inflation

Canadian Dollar Forecast: Has Loonie Weakness Run its Course? Setups for CAD/JPY, USD/CAD

Britains MS Names Alex Freudmann as new Food Boss

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