crude oil forecast and outlook
The financial markets could stir up again this week as there are many news items on the agenda mainly the next FOMC meeting and the Scottish referendum. Last week, precious metals and oil resumed their downward trend, while the USD…
The oil market resumed its downward trend in the past few days as WTI oil price fell to $92 and Brent oil dropped below $100. United States Oil (USO) also followed and declined by 3.2% since the beginning of the…
In this episode, we run down the big ECB announcements that have and will probably continue having a very significant impact on markets. We also discuss the recent developments in the price of oil..The episode begins with a quick discussion about the…
The market volatility in the markets is slowly returning as we are exiting the summer slumber and into September. We kickoff the month with rate decisions by ECB, BOJ, BOE, RBA and BOC, while in the U.S the NF payroll,…
The price of oil dropped again last week by 3.8% to the $93 mark. United States Oil (USO), the oil ETF also slipped by 1.4% in the past week. Oil prices could continue to come down due to recent developments…
This week, the main U.S economic reports to be release are the GDP for the second quarter and the PCE. The core durable goods, consumer confidence and consumer sentiment will also be out during the week and may impact the…
Oil and natural gas continued to trade down on a weekly scale along with precious metals. These losses were recorded after the USD slightly recovered against leading currencies such as Euro and Yen and U.S equities traded up. On this…
The commodities markets moved in an unclear trend last week as oil remained nearly flat, natural gas bounced back, silver traded down and gold rallied. On this week’s agenda: U.S consumer sentiment, GDP reports for the second quarter from Japan,…
Here is another test episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of Forex Crunch. As you can see from the title, we are still in a testing period. You are welcome to listen, subscribe…
The oil market cooled down in the past week despite the decision of Europe and U.S to impose economic sanctions on Russia, which could bring down the oil exports from Russia to the west. Currently, the sanctions aren’t expected to…