Crude oil inventory will be in focus, after an earthquake in Turkey. CRUDE OIL witnessed a speculative jump of 3.78% yesterday and settled at 6363 as compared to previous day’s close of 6131. Crude oil hit a day’s high of 6383, as the dollar fell after Federal Reserve Chair Jerome
Global jitters may continue to hold CRUDE OIL Prices under pressure. Crude Oil witnessed 6.29%, its biggest weekly fall since 23 January 2023. On Friday, Crude oil dropped below its three-week lows, as after strong U.S. jobs data raised concerns about higher interest rates. At the same time, European Union
US dollar slipped near a nine-month low yesterday, as traders continued to gauge the risks of a U.S. recession and the path for Federal Reserve policy. Dollar Index which measures the greenback against a basket of six peers, including the euro and yen – slipped 0.09% to 101.92, heading back
Crude oil Prices retreated more than 2.40% from the previous day’s high 6697 and trading at 6415 levels. Oil prices came under pressure as markets gauge U.S. inventory build and recession fears. Crude prices Wednesday initially rallied to a 6-week high after the dollar index tumbled to June 2022 low.
Crude oil prices has stalled its recent bearish momentum and recovered more than 5% last week, as slightly positive sign in Chinese retail sales, inflation, and industrial production released today morning which have helped to bring some optimism over an economic recovery in the world’s largest crude importer. Crude demand
A sharp fall in natural gas prices made Tuesday morning a concerning day for investors. The streams of economic data prevalent primarily in the European market were the most significant indicators for this decline. This turning occurred after Russia went to war with Ukraine. However, ordinary people became happy with
Here is the checklist of economic indicators which may impact the market. Today is the data on Non-Farm payroll due to which we may witness high volatility in today’s trading session. JPY BOJ Gov Kuroda Speaks at 7:00am Measures: Due to speak about macroeconomics and financial stability at an online
Here is the checklist of economic updates which may influence the conditions of the market. USD Fed Chair Powell Speaks at 12:00am Measures: Due to speak about the economic outlook, inflation, and the labor market at the Brooking Institution, in Washington DC Fed Chair Feb 2018 – Feb 2026. Fed
Here is the checklist of leading indicators which may impact the market. Currently, market is directionless due to which there is an irregularity in the movement of the trend. EUR CPI Flash Estimate y/y at 3:30pm Measures: Change in the price of goods and services purchased by consumers Released monthly,
USD: CB Consumer Confidence at 8:30pm Measures: Level of a composite index based on surveyed households Released monthly, on the last Tuesday of the current month Next Release Date Dec 21, 2022 Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity
