Crude oil fell 4% last week on the U.S. supply glut and on rate hike fears

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20 Feb 2023

Crude oil fell 4% last week on the U.S. supply glut and on rate hike fears

Brent and WTI crude oil prices closed lower by about 4% last week to $83/b and $76,50/b respectively, on concerns over a U. S oil supply glut, hawkish Fed commentary,...

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17 Feb 2023

COMMODITY INSIGHTS

Gold and Silver sink to multi-week lows on higher rate expectations

Gold and Silver have been suffering declines this week as the persistently high inflation metrics, the hawkish comments by policymakers, and expectations for higher rate...

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16 Feb 2023

EQUITIES & INDICES

U.S. stocks advance on robust retail sales and inflation data

U.S. stock markets extended recent gains on Thursday morning driven by the better-than-expected retail sales and inflation data for January, which indicates strength in the U.S. economy and consumer...

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14 Feb 2023

COMMODITY INSIGHTS

Brent crude rises to $86/b as traders weigh SPR sales and Russian output cut

Both Brent and WTI crude oil prices trade to near monthly highs of $86/b and $80/b respectively, as energy traders weighed the impact of Friday’s 500,000 bpd Russian...

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14 Feb 2023

FOREX PERCEPTION

U.S. dollar rises across the board ahead of key CPI inflation data

The U.S. dollar has posted a significant rebound across the board since February 01, 2023, gaining support from the stronger-than-expected U.S. macroeconomic data, the...

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06 Feb 2023

FOREX PERCEPTION

U.S. dollar rebounds after a hot U.S. NFP employment data

A risk-off mood dominates financial markets on the first trading day of the week, with the U.S. dollar rebounding across the board, while the risk-sensitive currencies are retreating from the recent...

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