The second week of October saw UK natural gas futures prices increase by almost 50% to £160, an 8-month high from just £89 last week. The situation was driven by forecasts of colder weather which increased demand amid supply concerns caused by geopolitical risks and labour disruptions at the Australian LNG facilities. As the weekend approaches,
Analysts at Barclays say the market response to the false news from Monday on the BTC ETF approval is guidance on what is to come once real approval has been granted: we continue to see limited P&L benefit to Coinbase (but) we view this (the response to the false news) as an early read-through to
SP 500 & NAS100 PRICE FORECAST: Choppy Price Action and Indecision Returns as US Earnings Continues. Geopolitical Uncertainties and Robust US Data Give Market Participants a Headache as Evidenced by Retail Trader Sentiment. Rangebound trade for both the SPX and the Nasdaq 100 Cannot be Ruled Out for the Rest of the Week. To Learn
When I began to study Bill Williams’ Profitunity system, I came to the conclusion that the standard indicators of the system (Fractal and Alligator), although good at fulfilling their goals, had great potential for improvement. The problem is that if you trade Profitunity, then it is almost impossible to use any other system without cluttering
© Reuters. FILE PHOTO: A man counts Nigerian naira notes in a market place in Yola, Nigeria, February 22, 2023. REUTERS/Esa Alexander/File Photo ABUJA (Reuters) -Nigeria’s naira hit a record low of 980 per dollar on the official market on Tuesday, Refinitiv data showed, mirroring weakness on the parallel market, as persistent dollar shortages plague
Share: The USD/CHF reversed its course after jumping to a daily high of 0.9032 and then settling slightly above 0.9000. The USD is struggling to gather momentum on a positive market mood. The US reported strong economic activity figures from September. Rising US Treasury yields may limit the downside for the pair. In
In the world of forex trading, success often hinges on having the right tools at your disposal. One such tool that has gained prominence among traders is the Center Of Gravity V3 MT4 Indicator. This indicator, though technical in nature, plays a pivotal role in helping traders make informed decisions. In this article, we’ll delve
CRUDE OIL PRICE OUTLOOK Oil prices fall for the second day in a row, but the fundamental outlook remains constructive Geopolitical tensions in the Middle East continue to be supportive of some energy commodities This article looks at the key technical levels for oil to keep an eye on in the coming days Trade Smarter
The Israel-Hamas war dominated developments across key commodity markets last week. Gold benefited from safe haven flows, and oil prices spiked. Risk appetite stabilized somewhat today, as investors watch efforts to contain the conflict. USOIL surged nearly 6% on Friday and posted a weekly gain of 5.9% amid concern that the conflict between Israel and
Jim Jordan is trying to replace Kevin McCarthy as speaker of the House. Republicans have an extremely narrow majority and can only afford to lose 5 votes to get him into the position, assuming Democrats remain united. A few things to know about Jordan: He was one of the early members of the House Freedom
