Almost all quiet on the Eastern Front
With the US closed for Thanksgiving and little to get excited about on the news front, the Asian ses...
Oil steady, gold under pressure
Profit-taking kicks in for oil It's been some month for oil, with three vaccines and various assu...
Crude rallies, gold scrapes higher
Crude inventories propel oil higher Oil prices performed strongly again overnight, with Brent cru...
Surprise draw from EIA, gold goes tubthumping
Oil's upswing continues Oil prices held onto gains despite a wrath of US data that suggests the f...
Oil rally continues, gold consolidates
Oil creating OPEC+ buffer Oil prices are back at levels not seen since earlier in the pandemic, w...
Oil soars, gold continues to drop
Oil achieves near-earth orbit Oil prices raced higher overnight, something which has caught the a...
Oil rally continues, gold slips
Oil testing multi-month highs Oil prices staged another strong move higher overnight, propelled b...
US Close – Strong US PMIs derail stimulus prospects, Biden picks Yellen, Backwardation, Gold’s crumbles, Ethereum outperforms Bitcoin
US stocks peaked after the flash PMI readings showed that the recovery gained further momentum as hi...
Oil rises on vaccines, gold consolidates
Oil continues to rise on consumption hopes Oil shrugged off the profit-taking seen in other asset...
US Close – Mnuchin goes Grinch, Fiscal Stimulus hopes, Pfizer submits EUA, Oil’s 3rd positive week, Gold surges, Bitcoin eyes $19K
With 61 days until January 20th, financial markets are trying to figure out if any near-term uncerta...
Oil edges higher on stimulus hopes, gold dips
Oil rises modestly overnight Oil finished the day slightly higher, supported by renewed US fiscal...
US Close – Stimulus talks to resume, Risk roars back, Oil turns positive, Gold off lows, Bitcoin back at $18K
Congress may have come to their senses after elevated jobless claims and countless small businesses ...
Oil and gold weighed down by dollar
US jobless claims increase A surprise increase in initial jobless claims on Thursday should serve...
Oil dips lower, gold under pressure
Oil loving the vaccine updates Oil prices are coming off a little again today after once again fa...
US Close – NYC Public Schools to Close, Pfizer, Boeing, FX/Treasuries, Oil, Gold, Bitcoin
Incremental positive vaccine news and the ending of Boeing’s 737 MAX 20-month grounding was oversh...
US Close: Stocks slump on COVID concerns, soft retail sales, and no stimulus hints from Powell, Oil pops on Middle East instability, Gold little changed
US stocks were unable to keep the relentless rally going after a soft retail sales report was accomp...
Moderna vaccine announcement boosts oil
Moderna unrolls Covid vaccine Crude prices are off to a solid start on Monday after President-ele...
Week Ahead – Focus stays on COVID
Virus rages on, a wrath of Fed speak, US retail sales slower pace, Next week is filled with lot...
US Open – US stocks rally on vaccine hopes and 2021 bets, PPI decelerates, Brexit, Oil slides, Gold surges
US stocks are rising as investors anticipate President-elect Biden will have a conciliatory tone wit...
Oil lower on inventories, gold rallies
Crude inventories surplus weighs on crude Oil prices weakened following a risk-off trading sessio...