JP Morgan expects Brent crude oil prices to remain flat in 2024, averaging $83 a barrel down in 2025, averaging $75 per barrel for this year, 2023 sees average $81 More: in 2023 demand is on track to grow by 1.9 million barrels a day, with non-OPEC supply is expected to surpass this with a
BITCOIN, CRYPTO KEY POINTS: READ MORE: Oil Price Forecast: Recovery Continues as Expectations for OPEC Cuts Grow Bitcoin prices continue to hold the high ground but the $38k level remains a stumbling block. The rumors that an ETF approval would come by the November 17th failed to come to fruition with Bloomberg ETF analyst James
American president justified the comment: “He is a man who runs a communist country” After a four-hour meeting in San Francisco, California, the American president Joe Biden called the Chinese leader Xi Jinping in “dictator” . For Biden, “he is a dictator in the sense that he is a man who runs a country that is communist” . The American also said that
© Reuters. The dollar showed signs of weakness today, with the pair falling from a high of 148.70 in Asia to a low of 148.10 in Europe, even as U.S. Treasury yields edged up nearly four basis points to 4.480%. This divergence occurred amidst a mixed performance in European equities and stable , suggesting a
Share: NZD/JPY sits at 89.50, noting minor losses as market sentiment skews somewhat bearish Subdued buying momentum is signalled by the RSI’s negative gradient on the daily chart and the diminishing green bars of the MACD histogram. On the broader context, the pair’s ascendancy above the 20, 100, 200-day SMA suggests bullish control.
Gold, Silver Analysis Gold eases after last week’s advance – quieter week on the economic calendar FOMC minutes and reports of a new phase in the Israel-Hamas war present potential catalysts Silver encounters a challenge at channel resistance The analysis in this article makes use of chart patterns and key support and resistance levels. For
BOE Bailey: Far too early to be thinking about rate cuts Returning inflation to 2% target remains our absolute priority When inflation is high, we take no chances The tragic events in the Middle East have added upside risk to energy prices Labor market remains tight despite softening recently Wage inflation remains elevated. We must
OIL PRICE FORECAST: Oil Recovery Now Up 7%+ from Last Week’s Lows with $80 a Barrel Now in Sight. Speculation Continues to Mount Around Further Supply Cuts from OPEC+ as the Organization Meets Later this Month. Technical Hurdles Ahead May Prove Insignificant as Sentiment and OPEC Concerns Keep Bulls Interested. To Learn More About Price
What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that move (oscillate) between zero and 100 to provide an indication of the security’s momentum. The stochastic readings
© Reuters. SINGAPORE – The central banks of Indonesia and Singapore have officially launched a cross-border QR payment linkage, a major step forward in financial integration between the two Southeast Asian nations. This new system allows users to make retail transactions seamlessly across borders by scanning QR codes through mobile apps, specifically QRIS in Indonesia
