The war in Israel and the conflict in the Middle East, is causing a lot of uncertainty and unpredictability in the trading market. One major concern was about the supply and production of oil, which made the price of crude oil go up by 3.9% in just one day. This was because the OPEC World
Share: Canadian Dollar sees gains for holiday Monday as Crude Oil catches a bid on Israeli-Hamas conflict concerns. Canada markets are dark for Canadian Thanksgiving, in conjunction with the US Columbus Day holiday. It’s a quiet week on the economic calendar for the Canadian Loonie, investors to focus on US CPI inflation figures
Share: S&P 500 gained 0.48% last week on account of Friday’s furious rally. Friday’s Nonfarm Payrolls report for September led to 1.2% gain for index. S&P 500 futures dropped 0.75% in Monday’s premarket. Oil (WTI) rises 3.8% on Monday to $86/barrel. Pepsico, JPMorgan, Citigroup, Domino’s Pizza and Delta Airlines report earnings this week.
Crude Oil, WTI, Brent, US Dollar, Israel, USD, Gold – Talking Points Oil prices have leapt higher as markets re-appraise the Middle East The US Dollar resumed strengthening as perceived havens gain favour If geo-political conditions remain unstable, is that supportive of WTI? Recommended by Daniel McCarthy How to Trade Oil Crude oil prices jumped
more to come S&P500 futures are down around 0.6%, Nasdaq down are half a percent. UST futures and oil are higher. We already know US dollars are higher: Indicative oil chart: If you don’t have a feed for an instrument you want to track use our app. This chart is from our charting app, which
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Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: September Jobs Report: Payrolls at 336,000; Gold and US Dollar Go Their Own Way U.S. stocks sank in the third quarter, hurt by soaring U.S. Treasury yields. During this period, the
Crude Oil, WTI, China – Q4 Top Trade Opportunity: Crude oil prices might have ran too far in Q3 Chinese imports tend to be a key driver of WTI Might a slowing China pressure oil prices? Recommended by Daniel Dubrovsky Download the complete selection of Q4 top trades Crude Oil Prices Might Have Ran Too
Oil rigs 497 vs 502 last week Gas rigs 118 vs 116 last week Total rigs -4 at 619 last week Crude oil is trading up $0.30 or 0.43% at $82.58. Its high price today reached $83.28. The low price reached $81.50. The swing area between $82.35 and $83.32 (see red number circles and yellow
It’s all happening in the Middle East once again this weekend. A surprise attack by Hamas on Israel set off a strong response in something that will rekindle instability in the region. I doubt Israel headlines move markets but the violence comes at the same time that the US looking for some kind of peace
