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Oil Market recovery in doubt

Narrow ranges have been ensuing, with a theme of yen firmness amid a backdrop of softening stock markets. Stock markets remained under pressure during...

Risk-back-on theme? – Oil surges to $38

Market participants made a quick retreat from risk-off positioning so far. We have seen a retreat from short positions in assets and high beta currencies....

2020 set to be the most active Atlantic Hurricane season

USOil, Daily Ten trading days ago (October 10) USOil posted its October high at $41.85. Earlier today the price printed five-month lows of $33.65 after...

European GDPs surprise to the upside, Equities recover a tad

Eurozone GDP rebounded 12.7% q/q in the third quarter, more than initially expected, but not a total surprise after German, French, Italian and Spanish...

USD Up & Equities Slump – Risk Off Monday

The Dollar is firmer against a backdrop of tumbling global stock markets as an ongoing surge in new positive tests for Covid in Europe...
USOil - MA50 & MA200

USOil – Triangle in the MA50 and MA200 frames

USOil, H4 On the basis of a 691,000-barrel increase in private oil surveys and concerns over the potential reduction of demand from the resurgence of...

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