Gold consolidates above US 1800 but oil retreats
Oil retreats as short-term bullish sentiment fade Both Brent crude and WTI retreated overnight as...
Stuck in a lifeboat with a Peloton bike
Financial markets show consolidation The Covid-19 hand-wringing is out in force again overnight, ...
US Open – Jobless claims continue to head in right direction, Biden’s economic plan, Oil anchored, Gold shines
Risk appetite is struggling as the coronavirus spread is still not under control in most parts of th...
Gold punches past USD1800, oil drifts
Oil drifts higher as range-trading continues A fall in US gasoline inventories by 4.85 million ba...
Gold – Time to shine?
OANDA Senior Market Analyst Craig Erlam discusses gold as it tests long term resistance at $1,800 af...
US Update: Stocks higher on fiscal stimulus hopes, Sunak’s stimulus booster, Oil anchored, Gold roars, Brazil’s gloom
The economy might be rolling over, tensions between the US and China are not going away, and Wall St...
Risk aversion sends gold higher, oil downwards
Oil retreats slightly on risk aversion With one eye on the equity markets overnight, oil markets ...
European Close – Stocks mostly lower on economic worries, Oil higher on Libya outlook, Gold at 8-year high, Bitcoin struggles
The global stock market rally showed some signs of running on empty as coronavirus cases reaccelerat...
Gold ticks higher, oil yawns
Opposing forces continue to balance oil prices Oil had another quiet overnight session by its lof...
US Open – Market bulls are back from holiday, dollar down, oil and gold steady
US futures and European equities are off to a solid start following trading exuberance in China, imp...
Oil slightly higher, gold consolidates in Asia
Oil rises slightly in Asia With the US closed on Friday, Asian markets had precious little direct...
Oil and Gold Sleepy on US Independence Day
Oil creeps higher overnight but remains mid-range The impressive US labour data lifted Brent crud...
US Open – Solid jobs report and relentless reopening optimism drive stocks and oil higher, gold and dollar slump
The US economy continues to head in the right direction. Financial markets are heading into a long...
Oil prices climb but gold unsteady
Oil surges on falling US crude inventories US official crude inventories unexpectedly fell by 7.2...
Oil prices muted, gold grinds higher on COVID
By recent standards, oil's price action overnight flatlined, supported by very narrow daily ranges. ...
Fallout Contained as China Industrial Profits Rebound
Asian equity markets are lower this morning after a torrid day endured by US markets on Friday. The ...
US Open – Regional Lockdowns Expectations, Stress Tests, Oil rebounds, Gold consolidates
Equities are trying to continue their painstaking climb up a rocky wall of virus uncertainty, suppor...
Asian Markets Drifting In The Doldrums
It has been a while since I have seen such a flat-line session across multiple asset classes in Asia...
US Update: Navarro’s gaffe, PMI Rally, Oil momentum builds, Gold surging
After a chaotic hour overnight, White House Adviser Navarro’s gaffe was quickly refuted and clarif...
Navarro Spooks Markets Over US-China Trade Deal
My creative issues about what to write today were solved instantly a short time ago. On Fox News, Wh...