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OPEC and OPEC+ will meet next week to assess the state of their production restriction agreement and determine whether to extend it to June.The last time the group met, this past June, the result was...
The USD/CNY seems set to add another leg to its rally as the U.S. and China agree to continue phase one talks, according to Xinhua, the country’s official state-run press agency. Financial...
It could be the fact that the calendar year is winding down. Or, it might be the recent volatile seesawing of share prices in the cannabis sector that has market watchers wondering out loud about the...
The season for bakes and treats is here and a supply squeeze in the must-have ingredient, sugar, is giving anxiety to U.S. bakers and confectioners and a sweet thrill to traders long the...
Bitcoin is dropping again, its seventh straight losing session out of 10, pushing the price to below the $7000 mark for the first time in six months. Why now? Here are some possible reasons: Concerns...
There are two things oil traders need to keep their eyes on this week: the turkey and volatility. Trading volumes are typically lighter this time of the year due to the travel and holiday around...
The recent, astonishing rally in Tesla (NASDAQ:TSLA) shares is faltering. And just like many previous boom-and-bust cycles, the electric carmaker only has itself to blame. Tesla plunged more than 6%...
With the third-quarter earnings season almost over, it’s becoming clear that technology companies, which powered the market’s nine-year bull-run, are returning with a roar after a little...
When one of the most respected oil bulls ever gives you a surprisingly bearish view of the market in coming years, what do you do?Well, traders who are long oil sent crude prices up again this week,...
The Chinese yuan is slated to resume its earlier decline as U.S. President Donald Trump prepares to sign the Senate's bill supporting the Hong Kong protesters. After a year and a half of wrangling...
Russia has a new excuse for why it can’t comply with its OPEC+ production quota—condensates. According to Reuters, condensates can be broadly defined as “any type of oil that...
According to popular winter lore, the higher the squirrel builds its nest before Christmas, the colder it’ll be. Weatherman John Belski says he spotted squirrels nests at record heights in...
After much talk of an imminent recession, we find ourselves once again back in a roaring bull market. The latest leg higher in equities — which has pushed the benchmark indices to records...
For at least two weeks, oil prices had an unreal, even embarrassing feel to them, rallying in an almost straight line on the puff that the U.S.-China agreement was “close” to happening,...
Rising U.S. crude inventories, a weakening Chinese economy and an ever-elusive trade deal are setting up oil prices for another fall. WTI edged down, slipping from a rebound and extending a slide for...
Trade tensions are putting investors on the defensive, and the yen is geared up for another leg in last week’s rally.Markets appear paralyzed as investors seek a reliable view on whether there...
With all the manufactured excitement over U.S.-China progress and oil bulls’ fantasy over where crude prices could go, it’s a little easy to lose sight sometimes of the commodities that...