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Battalion oil: savings from acid gas injection project may reach $30 million per year

Battalion's acid gas injection project is online and Battalion believes the cost savings could be up to $2.5 million per month after full ramp up. It ...

June 14, 2023, 10:43 pm

Ecb preview - a 25 bp rate hike today and more ahead

Bank of America ahead of the European Central Bank (ECB) meeting. This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limite...

June 14, 2023, 9:23 pm

Why the market doesn't care about a more-hawkish fed

The Fed inarguably delivered a surprise on Wednesday by raising the dots plot to signal a year-end rate of 5.6% and the initial reaction was what you ...

June 14, 2023, 7:49 pm

Binance seeks to deregister cypriot subsidiary

Cryptocurrency exchange Binance, which obtained its 7th regulatory license in the European Union region in January, has applied for the deregistration...

June 14, 2023, 7:28 pm

Nasdaq index back in positive territory

The Feds dot plot was a hawkish pause. However, the comments from the Fed chair have been a little less scary. As a result, we are seeing a rebound in...

June 14, 2023, 6:46 pm

Powell q&a: it seemed to make obvious sense to use to moderate pace of hikes

Powell explained that it seemed like a 'natural' evolution of policy to switch to a slower pace of hiking as they reach the final destination. ...

June 14, 2023, 6:43 pm

Fed pauses for now but signals higher peak rate, gold prices shift into reverse

The Fed hit the pause button at its June meeting, keeping interest rates on hold at 5.00%-5.25% in line with expectations and previous guidance. The t...

June 14, 2023, 6:15 pm

Gold price forecast: xau/usd surges on falling us t-bond yields, fomc’s decision in focus

The XAU/USD is trading sideways from a technical perspective, as traders have been waiting for Fed’s June monetary policy decision. However, it shou...

June 14, 2023, 3:59 pm

Baidu is leading the ai charge in china

Over the last two decades, China has emerged as one of the biggest innovators in the world, threatening the technological dominance of the United Stat...

June 14, 2023, 2:58 pm

Btcusd trades sideways, bearish pattern remains intact

BTCUSD (Bitcoin) has been generating a structure of lower highs and lower lows after peaking at the 11-month high of 31,064 in mid-April. However, the...

June 14, 2023, 2:16 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 139.39; (P) 139.85; (R1) 140.69; More… Range trading continues in USD/JPY and intraday bias stays neutral at this point. Further ...

June 14, 2023, 1:47 pm

Coinbase stock: is there life after sec’s lawsuit?

Some days are just bad, while others are downright catastrophic. This was shaping up to be one of those days. Or one of those weeks. Coinbase stock ha...

June 14, 2023, 1:29 pm

Arkf: up 43% ytd, but here's why you should sell (rating downgrade)

ARKF typically selects 35-55 global FinTech stocks that have the potential to disrupt the Financial Services sector. Up 43% YTD, ARKF now manages over...

June 14, 2023, 1:26 pm

The rise and decline of icos: a comprehensive analysis

Initial Coin Offerings (ICOs) exploded into the cryptocurrency landscape with considerable hype and promise. By selling tokens to investors, they prov...

June 14, 2023, 1:20 pm

3 ‘sinful' stocks that have heavenly profits

Over the years, investors have become less comfortable with certain so-called sin stocks. However, these sinful stocks can produce heavenly returns fo...

June 14, 2023, 1:20 pm

Dollar sell-off resumes after ppi; spotlight shifts to fomc hold

Dollar is facing renewed selling in early US session as data reveals a further slowdown in upstream inflation via PPI. All eyes are now on the much-an...

June 14, 2023, 1:13 pm

Reasons to add west pharmaceutical (wst) to your portfolio now

West Pharmaceutical (WST) continues to gain momentum due to its strength in the Proprietary Products business. However, forex concerns persist....

June 14, 2023, 1:13 pm

The aud is the strongest and the usd is the weakest currency as the na session begins

The AUD is the strongest and the USD is the weakest as the North American session begins. Needless to say, traders are keenly awaiting the Federal Res...

June 14, 2023, 12:08 pm

Usd/jpy daily outlook

Daily Pivots: (S1) 139.39; (P) 139.85; (R1) 140.69; More… USD/JPY is still bounded in sideway trading and intraday bias stays neutral. Further rally...

June 14, 2023, 7:33 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3274; (P) 1.3326; (R1) 1.3366; More…. Focus stays on 1.3299 support in USD/CAD. Strong rebound from there, followed by break of...

June 14, 2023, 7:31 am


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