Why brothers? If you put an oil chart on the S&P500 chart, you will find out that these assets have a strong correlation…
Tag - oil
The US dollar keeps rallying, while gold and Bitcoin are still in the downtrend as Jerome Powell announces that the US economy is ready for a key rate increase.
What will happen? Crude oil inventories will be announced at 17:30 MT (GMT+3) on Wednesday, September 29…
The oil keeps rallying as concerns of a global energy crunch strengthened. Brent has almost reached $80 a barrel – the level which has been unseen since 2018.
The USD strengthened last week. What awaits EUR/USD, GBP/USD, and USD/JPY on Monday? Brent oil (XBR/USD) opened with a gap up. China says Bitcoin transactions are illegal, but BTC doesn't care much. Watch the video to learn more!
A combo of strong demand and poor supply has sent oil prices to the high unseen since 2018. Gas is at record highs as well.
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.
The Fed can start tapering already this November, oil is rallying pushing the Canadian dollar up! Jump in to know more!
How will the Federal Reserve, the Bank of England, the Bank of Japan, and the Swiss central bank move the market? Watch the weekly video to find out and get trade ideas for Forex pairs, oil, gold, and S&P 500!…
Chinese HK50 turned up, the USD is supported by strong retail sales figures, gold will try to consolidate after a decline, and oil needs correction.
CPI data surprises the market, the Chinese economy is in danger because of the Evergrande debts and more in our new Trading Plan for September 15.
Besides US Retail Sales data, Australian Unemployment Rate and New Zealand GDP this week will bring us Quadruple Witching – one of the four most important days of a year for futures and options!