Energy & Precious Metals – Weekly Review and Outlook
Speculation before fact: It’s the reason for price moves that get overdone in any market, particularly commodities. What if 25% of the current oil price is made up of speculation by Wall Street’s biggest but inadequately-regulated traders? What if that speculation is...
Yen Slumps, Russia Squeezes Europe, Powell Speaks – What’s Moving Markets
The yen slumps to a new 24-year low as the Bank of Japan refuses to follow the path beaten by the rest of the world’s central banks. Russia stops gas supplies to France and cuts supplies to Italy as the EU gives its tentative blessing to Ukraine joining the...
Oil Down as Worries Over New Partial Lockdowns in Shanghai Grow
Oil was down on Friday morning in Asia as worries over new COVID-19 lockdown measures in Shanghai grew despite a robust fuel demand in the U.S. Brent oil futures fell 0.71% to $122.20 by 12:01 AM ET (4:02 AM GMT) and crude oil WTI futures were down 0.65% to $120.73....
Gold Down on Higher U.S. Treasury Yields Ahead of U.S. Inflation Data
Gold was down on Friday morning in Asia as U.S. Treasury yields rose, with investors looking to U.S. inflation data for more clues on the interest rate hikes path of the U.S. Federal Reserve. Gold futures were down 0.32% to $1,846.85 by 11:20 PM ET (3:20 AM GMT)....
Greenlight’s David Einhorn Sees Gold ‘Higher, Perhaps Much Higher’
Hedge fund manager David Einhorn of Greenlight Capital, speaking at the virtual Sohn Investment Conference, a gathering for the hedge fund industry, said gold will likely rise. Speaking on Thursday, Einhorn made the claim after stating that the Fed’s aggressive...Free Trading Indikator Terbaik
Klik Gambar, Buruan Daftar, Kami Kasih Gratis