BofA: oil may reach $100 a barrel next year
Optimistic forecasts on oil prices, nuclear talks with Iran, and upcoming OPEC+ meeting. How to trade oil these days?
GOLD: the era of $1 800
Finally, we have gold above $1 800, and it seems to feel itself quite confident over there. What is it up to now?
Strategically, the target is now $1 900.
Tactically, expect a downward retrace as the next step.
Fundamentally, it was the 8-year high that just got passed, so now it is the all-time high of 2011 to be challenged. Nothing extraordinary here - just pressure and time. Especially with these gloomy moods among investors and spikes of infection rates here and there.
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Gold breaks $1,800!
Sudden spikes? Yes, please! Gold is above $1,800, finally!
OPEC+ confirms supply hikes, WTI rises
The oil cartel completed its teleconference on Tuesday. WTI spiked above $63.
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Oil Reached 2018 Highs, German Elections Affect Euro
Commodities (iron ore, oil) and commodity-linked currencies (AUD, CAD) surged. West Texas Intermediate has reached $75 a barrel, while Brent rose to the highest mark since October 2018.
What Will Move the Market on September 27 – October 1?
Although Jerome Powell’s speech sounded hawkish on Wednesday, September 22, markets did not get scared and the main stock indices got bought back…
Turkey has Decreased Interest Rates, But is it a Buy?
Turkey’s central bank governor was at a crossroads: to hold interest rates and take a risk to be fired like it was for three governors before him, or to comply with the president, to cut rates, and to risk the market. Let’s find out, how to react to the rate cut.
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