WTI Oil books over 1% gains as OPEC+ meeting is near an agreement.
The US Dollar is roaring back after a few days of substantial weakness.
Oil very volatile ahead of a possible OPEC+ outcome later this Thursday.
USD/CAD struggles to hold ground as US Dollar rebounds.
Technical indicators suggest retesting the major support at the 1.3550 level.
A break above the psychological barrier of 1.3600 could approach the 23.6% Fibo at 1.3625.
The Euro alternates ups and downs against the US Dollar.
European stocks keep the bearish tone so far on Tuesday.
Markets’ attention will be on US Consumer Confidence and Fedspeak.
Gold price struggles to build on the overnight breakout momentum through a key barrier.
A modest recovery in the US bond yields and the USD act as a headwind for the XAU/USD.
Bets that the Fed is done raising rates and may start easing its policy in 2024 to lend support.
The focus remains on the US PCE data and the Fed's preferred inflation gauge on Thursday.
WTI Oil saround $75 ahead of US opening bell.
The US Dollar is trading flat to lower as traders brace for an eventful calendar this week.
Oil could sink below $70 if OPEC+ can not unify and come out with a set of supportive measures.
The Euro trades with marginal gains against the US Dollar.
European stocks trade mostly with gains on Friday.
Germany Business Climate improved marginally in November.
Pound Sterling hovers near a two-month high around 1.2500 amid an upbeat market mood.
UK inflation decelerated morde than expected in October.
UK annual headline inflation fell below 5% for the first time in two years.
In its quarterly assessment published on Wednesday, the European Commission cut its forecasts for the Eurozone’s economic growth for this year and the next, noting that the bloc could avert a technical recession.
Gold price trades back-and-forth as the focus shifts to US inflation data.
A persistent inflation report may prompt hawkish Fed bets.
Various Fed policymakers are scheduled to speak today.
LONDON, March 23 (Reuters) - Europe's post-Credit Suisse rebound spluttered to a halt on Thursday as Switzerland and Norway, and most probably the Bank of England later, showed the year-long cycle of sharp interest rate rises was by no means over.
By Marc Jones, Reuters | Thu, 23 Mar 2023 10:26:55 UTC
Corporate Reporting Season
The Fed raises but when will it hold?
Europe on a knife-edge
Britain’s downward spiral?
Are investors risk-on with crypto?
Key events in February
Cardano and Solana decoupled from Bitcoin, Ethereum and crypto ecosystem, yielding double-digit gains overnight on January 8.
On-chain indicators like social dominance and daily active addresses signaled a bullish trend reversal for both.
Litecoin’s correlation with Bitcoin and Ethereum is declining, the altcoin may be preparing for an explosive price rally.
By Ekta Mourya, FXStreet | Mon, 09 Jan 2023 11:28:29 UTC
Crude oil prices found some support today after a two-day tanking
An IMF alarm bell and China’s economic woes are weighing on WTI
Fed minutes reveal their resolve to slow the economy. Will WTI make a new low?
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When it comes to breaking news and market moving information - TradeRadius has you covered
Oil jumps as a 2.4 million barrel cut per day is on the table at OPEC+
WTI Oil books over 1% gains as OPEC+ meeting is near an agreement. The US Dollar is roaring back after a few days of substantial weakness. Oil very volatile ahead of a possible OPEC+ outcome later this Thursday.
By TradeRadius | Thu, 30 Nov 2023 14:58:36 UTC
USD/CAD Price Analysis: Hovers near 1.3570 after recovering intraday losses
USD/CAD struggles to hold ground as US Dollar rebounds. Technical indicators suggest retesting the major support at the 1.3550 level. A break above the psychological barrier of 1.3600 could approach the 23.6% Fibo at 1.3625.
By TradeRadius | Wed, 29 Nov 2023 09:53:19 UTC
Euro looks for direction near 1.0950 ahead of US data, Fedspeak
The Euro alternates ups and downs against the US Dollar. European stocks keep the bearish tone so far on Tuesday. Markets’ attention will be on US Consumer Confidence and Fedspeak.
By TradeRadius | Tue, 28 Nov 2023 10:50:28 UTC
Gold price remains below multi-month peak, downside seems limited amid Fed rate cut bets
Gold price struggles to build on the overnight breakout momentum through a key barrier. A modest recovery in the US bond yields and the USD act as a headwind for the XAU/USD. Bets that the Fed is done raising rates and may start easing its policy in 2024 to lend support. The focus remains on the US PCE data and the Fed's preferred inflation gauge on Thursday.
By TradeRadius | Tue, 28 Nov 2023 10:12:39 UTC
Oil off this Monday's low as markets brace for OPEC+
WTI Oil saround $75 ahead of US opening bell. The US Dollar is trading flat to lower as traders brace for an eventful calendar this week. Oil could sink below $70 if OPEC+ can not unify and come out with a set of supportive measures.
By TradeRadius | Mon, 27 Nov 2023 13:59:08 UTC
Euro clings to daily gains around 1.0900 ahead of De Guindos speech, US PMIs
The Euro trades with marginal gains against the US Dollar. European stocks trade mostly with gains on Friday. Germany Business Climate improved marginally in November.
By TradeRadius | Fri, 24 Nov 2023 11:03:09 UTC
EUR/JPY Price Analysis: Correction in the offing?
EUR/JPY advances to new highs near 164.00. Overbought conditions warn against further upside.
By TradeRadius | Wed, 15 Nov 2023 14:41:29 UTC
Pound Sterling aims recovery as investors digest below-forecast UK inflation
Pound Sterling hovers near a two-month high around 1.2500 amid an upbeat market mood. UK inflation decelerated morde than expected in October. UK annual headline inflation fell below 5% for the first time in two years.
By TradeRadius | Wed, 15 Nov 2023 12:14:59 UTC
European Commission lowers 2023 economic growth forecast to 0.6% from 0.8% previously
In its quarterly assessment published on Wednesday, the European Commission cut its forecasts for the Eurozone’s economic growth for this year and the next, noting that the bloc could avert a technical recession.
By TradeRadius | Wed, 15 Nov 2023 12:13:04 UTC
Gold price trades back and forth as investors await US inflation data
Gold price trades back-and-forth as the focus shifts to US inflation data. A persistent inflation report may prompt hawkish Fed bets. Various Fed policymakers are scheduled to speak today.
By TradeRadius | Tue, 14 Nov 2023 12:54:36 UTC
Guest Articles
Rally splutters as Europe ploughs on with rate hikes
LONDON, March 23 (Reuters) - Europe's post-Credit Suisse rebound spluttered to a halt on Thursday as Switzerland and Norway, and most probably the Bank of England later, showed the year-long cycle of sharp interest rate rises was by no means over.
By Marc Jones, Reuters | Thu, 23 Mar 2023 10:26:55 UTC
What does disinflation really mean for markets?
Corporate Reporting Season The Fed raises but when will it hold? Europe on a knife-edge Britain’s downward spiral? Are investors risk-on with crypto? Key events in February
By Exante | Thu, 02 Feb 2023 16:03:43 UTC
Cardano and Solana decoupled from crypto in explosive price rallies, which altcoin is next?
Cardano and Solana decoupled from Bitcoin, Ethereum and crypto ecosystem, yielding double-digit gains overnight on January 8. On-chain indicators like social dominance and daily active addresses signaled a bullish trend reversal for both. Litecoin’s correlation with Bitcoin and Ethereum is declining, the altcoin may be preparing for an explosive price rally.
By Ekta Mourya, FXStreet | Mon, 09 Jan 2023 11:28:29 UTC
Crude Oil Price Hammered by Growth Concern but Steadies Today. Where to for WTI?
Crude oil prices found some support today after a two-day tanking An IMF alarm bell and China’s economic woes are weighing on WTI Fed minutes reveal their resolve to slow the economy. Will WTI make a new low?
By Daniel McCarthy, DailyFX | Thu, 05 Jan 2023 10:05:01 UTC
Partners News
Aussie dollar hits three-month high
The greenback slid against major currencies overnight to push the Australian dollar to its highest level in more than three months.
By TradeRadius | 7 Minutes Ago
Inflation shock a mixed bag for homeowners
With inflation falling faster than expected the Reserve Bank of Australia could shift into “neutral” over the summer, experts predict, with mixed results for struggling homeowners.
By TradeRadius | 7 Minutes Ago
ASX rebounds ahead of October CPI
The Australian share market rebounded on Tuesday as investors await fresh monthly inflation data scheduled for release on Wednesday.
By TradeRadius | 7 Minutes Ago
Flair makes strong debut, ends 10% below opening price
The company's market valuation stood at ₹4,771.25 crore. (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe t...
By TradeRadius | 1 Hours Ago
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RG1 is restricted group with solar generation capacity of 930 MW and includes three subsidiaries of Adani Green - Adani Green Energy (UP) Limited, Parampujya Solar Energy Private Limited (PSEPL) and Prayatna Developer Private Limited.
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George Santos’ exit sets up a competitive special election
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By TradeRadius | 1 Hours Ago
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IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Why your Christmas tree might cost more this year 02:33 UP NEXT How to make the buy now, pay later strategy work for you 03:10
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Elon Musk hypes Tesla Cybertruck at deliveries event in Austin
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By TradeRadius | 1 Hours Ago
19 deaths involving alleged carbon monoxide poisoning at Airbnbs since 2013: NBC News investigation
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