Up $0.76 or 0.92% The price of WTI crude futures are settling at $83.57. The close was lower this week and the first negative week in 10 weeks. The high for the day reached $83.74. The low extended to $81.41. The price last week closed around $84.15. With the settlement at $83.57 this week, the contract […]
WTI crude oil futures settle at $83.57 Read More »
November forex seasonals November is an interesting month for seasonals because there are a few strong trends and some that often interrupted. Cable is an interesting example. One the face of it, the 0.42% average decline over the past 20 years is unremarkable but when you strip out the past two US Presidential elections (2020
November seasonals: Six trends to watch in a month with some strong signals Read More »
In this article CVX Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Chevron said Friday that it generated the highest free cash flow on record during the third quarter as surging commodities prices and lower operational costs
AUD/USD fell on broad US dollar strength, as the greenback rose almost 1% in the US Dollar Index. European stock indices fell, while US equity indices rose, depicting a mixed-market sentiment, which benefited the US Dollar. US Core PCE rise overshadowed the Australian Retail Sales jump, weighed on the AUD/USD. The Australian dollar slid for
AUD/USD clung to 0.7500 amid mixed-market sentiment ahead of the weekend Read More »
New Delhi: Domestic gold prices are expected to surge towards the highs of Rs 52,000-53,000 over the next 12 months. In 2021, prices of the precious metal have been trading between Rs 47,000 and 49,000 mark per 10 grams. However, gold prices had seen a surge during 2019 52 per cent and 25 per cent
Gold prices expected to reach Rs 52-53,000 mark in next 12 months: MOFS Read More »
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Billionaire hedge fund manager Bill Ackman called Friday for the Federal Reserve to begin reining in the support it has provided for the U.S. economy during the coronavirus pandemic. In separate tweets, the head of Pershing Square Holdings, with $13.1 billion
Bill Ackman calls for the Fed to start raising interest rates ‘as soon as possible’ Read More »