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Jasper’s market squawk 05-07-2023

China PMI Weighs on Market Sentiment With the US away on holiday, markets reacted negatively to China services PMI amidst low trading volume and the f...

July 5, 2023, 8:07 am

Brent oil price pulls back after weak china data

The global oil benchmark price fell Wednesday, giving back a chunk of the previous session's gain, after a weak reading on service-sector activity in ...

July 5, 2023, 7:28 am

Crude oil range bound ahead of opec+ gathering and fomc minutes

Crude oil prices appear somewhat in flux as traders look to today’s OPEC+ gathering that could see some market-moving headlines. The Fed’s FOMC me...

July 5, 2023, 6:00 am

Chart art: wti crude oil (usoil) triangle resistance test

Will we see a bounce or a break for WTI crude oil? The commodity price is testing its triangle resistan...

July 5, 2023, 5:07 am

Aud/usd could struggle near 0.6750, fomc minutes next

Key Highlights AUD/USD found support near 0.6595 and corrected higher. It broke a key bearish trend line with resistance near 0.6640 on the 4-hour cha...

July 5, 2023, 2:34 am

Wti crude oil wave analysis

WTI crude oil broke daily Triangle Likely to rise to resistance level 72.80 WTI...

July 5, 2023, 1:46 am

Forexlive americas fx news wrap: commodities rally with the us out for holiday

Canada S&P Global June manufacturing PMI 48.8 vs 49.0 priorNew Zealand GDT price index -3.3%Eyes on Ukraine's Zaporizhzhia nuclear power plant this we...

July 4, 2023, 8:04 pm

Oil climbs $71 but can't get above the weekly high

The lack of US traders didn't cool the oil market on Tuesday.The initial reaction to oil prices to the Saudi output cut extension and Russian export c...

July 4, 2023, 7:18 pm

Crude oil price forecast – crude oil continues to stare down the 50-day ema

The crude oil market rallied just a bit during the trading session on Tuesday, in thin electronic holid...

July 4, 2023, 3:02 pm

Crude oil price forecast – crude oil continues to stare down the 50-day ema

The crude oil market rallied just a bit during the trading session on Tuesday, in thin electronic holid...

July 4, 2023, 11:02 am

Crude oil prices creep up on news of more production cuts

There was a time when news of output cuts from Saudia Arabia and Russia would have given the oil market a serious boost. Now perhaps it only slows the...

July 4, 2023, 11:00 am

Explainer: why are opec+ supply cuts failing to boost oil prices?

OPEC+, a group comprising the Organization of the Petroleum Exporting Countries and allies including Russia that pumps around 40% of the world's...

July 4, 2023, 10:46 am

Oil price forecast: impacted by mixed economic data, supply concerns

Mixed economic data, supply concerns, and weak WTI crude demand create uncertainty in the near-term oil...

July 4, 2023, 1:30 am

Oil prices fall despite output cuts, equities wobble

Oil prices rose Monday after key producers Saudi Arabia and Russia further cut crude output in a bid to...

July 3, 2023, 10:59 pm

Forexlive americas fx news wrap 3 jul: ism manufacturing pmi below 50 for the 7th month.

US crude oil futures settle at $69.79China restricts export of metals used in high performance chipsAtl...

July 3, 2023, 8:46 pm

Us equities up, bond yield up, crude down, gold up, us dollar down

NZD logs modest gain to start the new week. US ISM manufacturing falls for 8th month, further into recessionary territory. Subdued price action expect...

July 3, 2023, 8:45 pm

Oil steady as markets weigh supply cuts against weak economic data

Oil prices held steady on Tuesday as markets weighed supply woes from cuts for August by top exporters Saudi Arabia and Russia against economic data t...

July 3, 2023, 8:38 pm

Oil prices momentarily lifted from output cuts, equities wobble

Oil prices rose on Monday after key producers Saudi Arabia and Russia further cut crude output in a bid...

July 3, 2023, 8:29 pm

Us crude oil futures settle at $69.79

US crude oil futures settle at $69.79. That's down $0.85 or -1.20%. The high price reached $71.77. The ...

July 3, 2023, 7:12 pm

Oil prices get small lift from output cuts; equities wobble

Oil prices rose on Monday after key producers Saudi Arabia and Russia further cut crude output in a bid...

July 3, 2023, 4:29 pm


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