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U.S. Congress considering two pieces of legislation to limit oil exports to China The first bill would bar oil released from the Strategic Petroleum Reserve (SPR) from being sold to China The second...
Distinct mood shift has traders wondering how quickly gas could return to $3 Despite cold forecast for March, bloated storage could hold back a big rally Benchmark April gas’ first test would...
Risk markets are still unsettled with more stronger economic prints out of the US overnight combined with some Fed hawkishness keeping bond markets elevated as the 10 year Treasury almost lifted...
March is expected to be one of the most important months on Wall Street in recent years Market focus will be on the nonfarm payrolls report, inflation data, and the Fed’s highly anticipated...
The ABS Monthly Inflation Index has revealed a dip in monthly annualised inflation figures in January, off the back of alarming December results.The decline from December’s highs of 8.4% back to...
By Greg PeelHardly Normal Two conflicting pieces of news that hit the {{171}ASX}} yesterday were that Harvey Norman Holdings Ltd (ASX:HVN) reported a miss on result and fell -7.5%, and retail sales...
After rallying Sept. to Dec., silver lost 13% in Feb. in worst month since 2020 Charts suggest a break below key $20 support next, stopping at $18.80 The dollar’s resurgence could complicate...
DXY retraced some last night as markets wonder if enough new tightening has been done: Oil is stuck in a nasty rising wedge:Base metals relief rallied:Miners (NYSE:RIO) barely raised an...