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Finally, Summer TemperaturesGood Morning! As we close in on the 4th of July weekend, we kick off this Thursday with Export Sales, 1st Quarter GDP and Initial Jobless Claims at 7:30 A.M. The weekly EIA...
Expected Moving Zones after Impending Inventory announcement on June 29th, 2017. Natural Gas futures price seems to be inclined towards recent weather announcements.Have a Nice Trading Time.
On Sunday, the Bank for International Settlements published its annual report. What can we learn from the report? On June 25, 2017, the BIS, or the central bank for central banks, produced its annual...
The oil price continues a rebound as production problems start to plague the United States. The Energy Information Administration (EIA) reported yesterday that US oil production plunged by over...
The oil price has continued its winning streak today, racking up its 6th straight day of gains with some analysts failing to understand the reasons behind the rally.The jump in price over the last...
Natural Gas futures price seems ready to take a "Decisive Move" on June 29th, 2017 at 06:00:00 even before the announcement of impending inventory amid growing volatility ahead.Have a nice trading...
Key Points: Short term technical time frame may be turning bullish. Fundamental oversupply remains and is likely to impact medium-term view. Watch for a short-term break towards the $47.00 - $48.00...
Hack AttackThe global markets have another concern as a ransomware attack across the Ukraine targeted business including Russian oil and gas company Rosneft and Danish shipping firm Maersk. Last night...
Natural Gas futures price seems to face stiff resistance at $3.102. It seems ready for a reversal after trading at four week high level. Correction from this level will be too healthy to provide a...
Natural Gas futures price seems to face stiff resistance at $3.102. It seems ready for a reversal after trading at four week high level. Correction from this level will be too healthy to provide a...
Gold today: New York closed at $1,249.10 yesterday after closing at$1,244.30 Monday. London opened at $1,253.00 today. Overall the dollar was weaker against global currencies, early today. Before...
Today we will be looking at a different way of trading the precious metals market. Until now, we have talked about outright positions in the various markets. If we were bullish we bought, and went...
It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were down three cents each from last week. According to...
Yesterday, there was a flash crash in the gold market. What happened and what does it mean? Monday was a very interesting day for the gold market, as the price of gold plunged almost $20 after 1.8...
Gold has steadied on Tuesday, posting slight gains. In the North American session, spot gold is trading at $1247.95 per ounce. In economic news, CB consumer confidence rose to 118.9, beating the...