Oil prices seemed to be on the rise since last report, yet oil bulls seem also to be taking a break over the past 24 hours. Hence today in the report we are to have a look at the data relating to the US oil market, the Fed’s interest rate decision and a wider look at…
Commodities
Gold’s price moved in a downwards fashion over the past week. Today we are to discuss the fundamental challenges laid ahead for the precious metal as well as upcoming financial releases that may affect the direction of its price action. Finally, we will be concluding this report with a technical analysis of gold’s daily chart.
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There seemed to be an increase in volatility for oil prices since last week’s report. In the current report, we intend to have a look at the state of the US oil market, the role of the USD in determining oil prices, the possible implications following OPEC+’s meeting on Sunday and the possible threat to oil…
Gold’s price moved decisively lower , since our last report, after reaching a new record high.Today we are to discuss the fundamental challenges laid ahead for the precious metal as well as upcoming financial releases that may affect the direction of its price action. Finally, we will be concluding this report with a technical analysis of…
QGold’s price moved decisively lower , since our last report, after reaching a new record high.Today we are to discuss the fundamental challenges laid ahead for the precious metal as well as upcoming financial releases that may affect the direction of its price action. Finally, we will be concluding this report with a technical analysis of…
QWTI prices remained relatively unchanged since last week’s oil report. In the current report we intend to have a look at the state of the US wti market, Iraq’s commitment to OPEC’s production cuts, and the difference in global oil demand forecasts between the IEA and OPEC. To conclude the report we will also provide a…