brent

Weekly Outlook (1-5 June) This week, markets focused on the Federal Reserve handover. Jerome Powell used his final days as Chair to defend Fed independence, while Kevin Warsh now takes the lead with inflation still above target and the June 17 FOMC meeting approaching. The latest PCE report...

Oil prices face intense counterforces: a looming global supply surplus clashes with acute geopolitical risk. While Brent and WTI futures recently slipped below $64 and $60, respectively, this softness belies powerful, underlying pressures. The market must navigate oversupply from OPEC+ alongside...

"Asia-Pacific Markets Rise on Softer US Inflation Data, Global Stocks Gain Amid Signs of Inflation Slowdown" Asia-Pacific markets experienced gains on Friday as new inflation data from the U.S. turned out to be softer than expected. This development has raised optimism that inflation may...

Top daily news Global stock futures are mixed currently after SP500 ended at fresh record on Friday after underlying inflation miss. Facebook shares slid 0.53% Friday as the Texas Supreme Court ruled that Facebook can be held liable if sex traffickers use the platform to prey on children while...

Top daily news Equity markets are mixed currently after another bullish session Wednesday still led by large capitalization technology shares despite disappointing US employment data. Investors sentiment was buoyed by reports Treasury Secretary Steven Mnuchin restarted talks with House...

Top daily news Equity markets are in red currently after Fed policymakers’ comments in the July meeting minutes released Wednesday highlighted uncertainties over the US recovery. As Investors are awaiting when US lawmakers will restart negotiations on fresh coronavirus relief Democratic House...

Top daily news Global markets are mixed currently after a mixed session on Monday. US equities ended mostly higher Monday while Dow pulled back as former first lady Michelle Obama called Trump “the wrong president for our country” in a video speech as the virtual Democratic National...

Top daily news Equity markets are mixed currently after flareup in US-China tensions following US order that China close its consulate in Houston in 72 hours. Beijing called the demand a “political provocation” and vowed “China will undertake legitimate and necessary responses.” President...

Top daily news Global equities are falling today after a down session on Thursday with US Labor department report showing nearly 40 million Americans have lost their jobs in the last nine weeks. Investors confidence was undermined also by rising US-China tensions as a bipartisan bill was...

Top daily news Markets are rising today after Fed chair Powell’s comment Sunday don’t ‘bet against American economy.’ Investors appetite for risk was also boosted by a new $3 trillion CARES Act bill passed by the House Friday which is not expected to pass the Republican led Senate, but the...

Top daily news Markets are rising today as optimism boosted by lockdowns easing around the globe outweigh concerns over US-China tensions. Recovery of crude oil prices also buoyed investors’ appetite as earnings season rolls on. Forex news Currency Pair Change EUR USD +0.38% GBP USD...

Top daily news Global equities are falling today as US Secretary of State Pompeo said Sunday that China was responsible for the spread of disease and must be held accountable. US claims China increased imports and decreased exports of medical supplies while it held off informing the World...

Top daily news Global markets are rising currently ahead of US Labor department report expected to indicate the total number of US unemployed hit 30 million. The bullish sentiment was boosted Wednesday by Federal Reserve chair Powel’s assurance the central bank stood by to do whatever necessary...

Top daily news Markets are mixed today as concerns over continuing fall in crude oil prices overshadow news more countries around the globe are opening their economies gradually. And as earnings season rolls on investors are gearing up for a busy week on the monetary policy front with Federal...

Top daily news Global equities are down today after a mixed trading session Thursday highlighted by reports promising coronavirus treatment may not be successful in trials and a US Labor department report 25 million Americans have lost their jobs over the last five weeks. Forex news Currency...

Top daily news Global markets are in selling mode currently after US oil futures crashed into negative territory on Monday. With investors worried about scope of coronavirus outbreak impact on global economy, US Senate may vote today on more financial aid for small businesses. Forex news...

Top daily news Futures on US equity indexes are rising today ahead of President Trump’s planned announcement on reopening guidelines for states. Trump said US has passed peak of new coronavirus cases. Global equities pulled back yesterday on worse than expected economic reports from US. Data on...

US stocks dip while Trump says will decide on reopening economy US stock market ended mixed on Monday as President Trump said he’d soon make a decision “in conjunction” with governors on reopening states. The S&P 500 lost 1% to 2761.63. Dow Jones industrial fell 1.4% to 23390.77 led by 8.7%...

US stocks fell after worse than feared March jobs report US stock market pulled back on Friday after dismal March jobs report. The S&P 500 fell 1.5% to 2488.65, booking a 2.1% weekly loss. Dow Jones industrial dropped 1.7% to 21052.53. The Nasdaq ended 1.5% lower at 7373.08. The dollar...

Indicator Value Signal RSI Buy MACD Buy Parabolic SAR Buy Fractals Buy MA(200) Neutral Bollinger Bands Neutral Chart Analysis On the daily timeframe, Brent: D1 is trying to correct upward after a powerful decline. A number of indicators of technical analysis formed...