Tag: USOIL
Market Update – March 30 – Stocks Recover & USD finds a floor
Bank jitters continue to ease lifting sentiment again, US stocks rallied (+1% to +1.79%) led by the NASDAQ, Asian markets are mixed and European...
Market Update – March 15 – Can the bounce back hold?
The USD tested into 20-day lows again as Stock markets recovered (NASDAQ +2.14%) from 3 big down days following the SVB shock. US CPI...
EIA Cuts 2023 Forecasts
USOIL, Daily
The Energy Information Administration (EIA) reduced it's oil price forecasts for 2023, and it also cut estimates for US crude production.
According to the...
Latest reports of the International Labor Organization & OPEC
USOIL, Daily
The International Labor Organization (ILO) has warned that the current slowdown in the global economy will force more workers to accept low-paid and...
USOIL Rebounds as China Eases COVID Restrictions
2023 is likely to be a year of change, as the economy emerges from one of the most difficult periods of the 21st century....
Market Update – January 5 – FOMC: Inflation still Public Enemy No. 1
The FOMC minutes continued to show inflation was the overriding concern. Participants generally noted that upside risks to the inflation outlook "remained a key...
