WTI crude up 1% – Video Analysis
WTI crude up 1% - Saudi's oil minister said earlier that his country may curtail output to 6.6 mln barrels per day during August, which would be nearly 1 mln…
Big Sell Off on Oil – Video Analysis
Big Sell Off on Oil - Key news for today is OPEC/NOPEC meeting. Big sell off last week for USOil breaking down the 20DMA, while Gold Market moved oppositely than Oil.…
The Economic Week Ahead
Both the ECB and BoJ met expectations as each left policy unchanged last week, though the outlook for ECB remains under the dark cloud of future QE tapering, while the…
Oil in focus today as OPEC and non-OPEC meet
USOil, H1 Oil prices have started the week positively following Fridays sell off. The Organization of Oil Exporting Countries (OPEC) and other non- OPEC countries meet today in St…
Dollar woes compounded – Video Analysis
US Dollar woes compounded - The dollar slumped again today following yesterday's ECB announcement and press conference, which saw EURUSD rally to near two-year highs of 1.1658. While ECB policy has reinvigorated…
Gold recovered July’s losses
XAUDUSD, H4 & Daily U.S. equities rolled over from highs coinciding with a surge in the euro through 1.16 and another whipsaw on yields. The presumption is that the ECB/euro…