[ad_1] CRUDE OIL ANALYSIS AND TALKING POINTS US crude hit its highest point for over a month Supply is on market minds as production cuts look set to continue Inventory levels also weigh on traders’ minds Recommended by David Cottle Get Your Free Oil Forecast Crude oil benchmark prices hit their highest points in more
[ad_1] Oil (WTI, Brent Crude) Analysis OPEC’s demand forecast suggests tight oil market into year end Brent crude oil pulls back from resistance as bullish momentum subsides WTI crude oil tests trendline support on latest dip The analysis in this article makes use of chart patterns and key support and resistance levels. For more information
[ad_1] Gold, XAU/USD, CPI, Trendline Breakout – Precious Metals Briefing: Gold prices sink in the aftermath of US inflation data Longer-term Treasury yields outpaced the front-end This will continue making life difficult for XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices weakened in the aftermath of US inflation data on Thursday,
[ad_1] Share: The Federal Reserve (Fed) released the July 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) that “addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months, which generally correspond to the second quarter of 2023.” The
[ad_1] Share: WTI jumped above $80.00 for the first time since mid-April. Tighter global supply and Chinese stimulus support the rise in Oil prices. Hawkish bets on the Fed may limit the price’s momentum. On Thursday, the West Texas Intermediate (WTI) rose more than 1% to its highest level since mid-April, above $80.00.
