Gold Up, USD Down, Stocks Falling + Commodities

Gold Up, USD Down, Stocks Falling + Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up USD Down Crude Oil Up Asian Stocks Declining In Asia Gold: Gold prices up Tuesday in Asia as the USD fell. Gold futures for February delivery on the COMEX division of the New York Merc traded 0.3% higher at $1,252.70 oz by 1:24 AM EST (05:24 GMT).  The precious Yellow metal marked its biggest weekly gainer since August last week. Technically, the break of $1,250 […]

Gold Up, USD Down, Stocks Falling + Commodities

Gold Up, USD Down, Stocks Falling + Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up USD Down Crude Oil Mixed Asian Stocks Declining In Asia Gold: Gold prices are up Monday in Asia on a softer USD, gold for February delivery on the COMEX division of the New York Merc traded 0.2% higher at $1,254.75 oz by 1:24a EST (05:24 GMT).  Gold prices were near at their highest level since July on Friday and notched up […]

China Feels the Pain as Exports, Imports Shrink, Markets Collapse

China Feels the Pain as Exports, Imports Shrink, Markets Collapse

China Feels the Pain as Exports, Imports Shrink, Markets Collapse $SOY, $USD, $UNG China has reported weaker than expected November exports and imports, showing slower global and domestic demand and raising the likelihood that more measures to keep the country’s growth rate from slipping too much will be put in place. November exports only rose […]

$5-B in Tariffs Collected in October From US-China Trade Dispute

$5-B in Tariffs Collected in October From US-China Trade Dispute

$5-B in Tariffs Collected in October From US-China Trade Dispute On Thursday and again on Friday, President Trump Tweeted that talks with China are going well. According to the data, the tariffs which are often paid by importers, who then pass the added costs onto companies to whom the products belong are may fall on the shoulders of […]

Gold Up, USD Down, Stocks Recovering + Commodities

Gold Up, USD Down, Stocks Recovering + Commodities

Gold Up, USD Down, Stocks Recovering + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up USD Down Crude Oil Fell Asian Stocks Recovering Notes: Markets await US NFPs data, expected at 0830 EST (1330 GMT), for clues about the health of the world’s biggest economy which could influence FOMC monetary policy. NFPs for November are expected to fall by 200,000 jobs. US unemployment and […]

Markets Flash ‘Slowdown’, Fed Turns ‘Dovish’

Markets Flash ‘Slowdown’, Fed Turns ‘Dovish’

Markets Flash ‘Slowdown’, Fed Turns ‘Dovish’ $JPM, $USO The Fed is likely to deliver some response to the wave of risk aversion hitting global markets, according to JPMorgan Asset Management’s fixed-income Chief. Policy makers can hardly ignore inversions showing up on the yield curve while a violent sell-off rocks US stocks on trade tensions, European […]

Gold Up, USD Down, Stocks Down + Commodities

Gold Up, USD Down, Stocks Down + Commodities

Gold Up, USD Down, Stocks Down + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up USD Down Crude Oil Fell Asian Stocks Down In Asia Gold: Gold is higher Thursday as growing risk aversion weighed on USD Spot gold up 0.2% at $1,239.86 oz as of 0429 GMT US gold futures up 0.2% at $1,244.9 oz. Note: Technicals; Spot gold may test resistance at $1,245 oz Markets are […]

China Confident it Can Make President Trump’s Trade Deal

China Confident it Can Make President Trump’s Trade Deal

China Confident it Can Make President Trump’s Trade Deal $USO, $SOY, $UNG Wednesday, China expressed confidence that it can reach a trade deal with the United States. The remarks by the Chinese Commerce Ministry from Beijing followed Presidents Trump and Xi declaring a truce in the trade dispute at a meeting in Argentina Saturday evening. […]

United States Oil (USO) pressured by a weekly report from the American Petroleum Institute

United States Oil (USO) pressured by a weekly report from the American Petroleum Institute

United States Oil (USO) pressured by a weekly report from the American Petroleum Institute  Oil prices were pressured by a weekly report from the American Petroleum Institute (API) that said U.S. crude inventories rose by 5.4 million barrels in the week to Nov. 30, to 448 million barrels, in a sign that U.S. oil markets […]

Gold Dipped, USD Up, Stocks Down + Commodities

Gold Dipped, USD Up, Stocks Down + Commodities

Gold Dipped, USD Up, Stocks Down + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Dipped USD Up Crude Oil Fell Asian Stocks Down In Asia Gold: Gold prices dipped Wednesday, retreating from a more than 5-week high marked in Tuesday’s session. Spot gold was off 0.3% at $1,234.71 oz, as of 0422 GMT US gold futures were down 0.5% at $1,240.2 oz. Gold is mainly […]

Gold Up, USD Falls, Stocks Down + Commodities

Gold Up, USD Falls, Stocks Down + Commodities

Gold Up, USD Falls, Stocks Down + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up USD Falls Crude Oil Up Asian Stocks Down Gold: Gold prices gained Tuesday, after hitting a more than 1-month high earlier in the session, as USD slipped after the US and China agreed to a temporary truce in their trade conflict spurring global stock markets North US gold futures (GCcv1) […]

President Trump Expects China to Act Immediately on Trade Issues, the Details

President Trump Expects China to Act Immediately on Trade Issues, the Details

President Trump Expects China to Act Immediately on Trade Issues, the Details The Trump Administration expects immediate action by China on trade issues after a deal reached by the countries’ leaders, including lower tariffs on automobiles and measures against intellectual property theft and forced technology transfers, a White House official said Monday. US President Donald […]

New Orders Surge, US Manufacturers Expand Pace

New Orders Surge, US Manufacturers Expand Pace

New Orders Surge, US Manufacturers Expand Pace $SOY, $UNG, $USD US manufacturers expanded at a faster pace in November as new orders surged, a positive sign for domestic economic growth heading into Y 2019. The Institute for Supply Management, an association of purchasing managers, said Monday its manufacturing index rose to 59.3 last month from 57.7 in […]

United States Oil (USO) announcement of a 90-day pause on additional trade tariffs between China and the U.S.

United States Oil (USO) announcement of a 90-day pause on additional trade tariffs between China and the U.S.

United States Oil (USO) announcement of a 90-day pause on additional trade tariffs between China and the U.S. Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club OPEC that is expected to result in […]

Gold Up, USD Falls, Stocks Rise + Commodities

Gold Up, USD Falls, Stocks Rise + Commodities

Gold Up, USD Falls, Stocks Rise + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up USD Falls Crude Oil Up Asian Stocks Up Notes: China and the United States agreed during a weekend meeting in Argentina of the G-20 not to impose additional trade tariffs for at least 90 days while the pair hold talks to resolve existing dispute between the […]

US September Crude Oil Production Hits 4th Month Running at Record Highs

US September Crude Oil Production Hits 4th Month Running at Record Highs

US September Crude Oil Production Hits 4th Month Running at Record Highs $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX US Crude Oil production hit a new all-time high of 11.5-M BPD in September, according to the data announced Friday, the latest indicator of a wave of onshore US production that has weighed on global markets. US […]

The Trump Administration Approves Seismic Surveys for Atlantic Oil Drilling

The Trump Administration Approves Seismic Surveys for Atlantic Oil Drilling

The Trump Administration Approves Seismic Surveys for Atlantic Oil Drilling he Trump administration is authorizing use of seismic air guns to find oil and gas formations deep underneath the Atlantic Ocean floor, prompting outrage from critics who say the practice can disturb or injure whales, sea turtles and other marine life. The National Marine Fisheries […]

United States Oil (USO) record levels for three consecutive weeks

United States Oil (USO) record levels for three consecutive weeks

United States Oil (USO) record levels for three consecutive weeks The U.S. Energy Information Administration (EIA) estimated on Wednesday that U.S. crude oil production last week was 11.7 million barrels per day, remaining the record levels for three consecutive weeks. U.S. crude oil output for the week one year ago was 9.7 million barrels per […]

Gold Gains, USD Sags, Stocks Rise + Commodities

Gold Gains, USD Sags, Stocks Rise + Commodities

Gold Gains, USD Sags, Stocks Rise + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Gains US Dollar Sags Crude Oil Up Asian Stocks Up In Asia Investors in commodity markets are looking ahead to the meeting of leaders of the G-20 nations, the world’s biggest economies, on 30 November – 1 December with the US-China, US-EU trade disputes at the Top of […]

United States Oil (USO) edges lower ahead of G-20

United States Oil (USO) edges lower ahead of G-20

United States Oil (USO) edges lower ahead of G-20 Oil prices dipped on Tuesday, weighed down by uncertainty over the US-China trade war and signs of increased global crude production, but losses were limited by expectations that crude exporters would agree to cut output at an upcoming Opec meeting. Brent crude futures fell 27 cents […]

Gold Lower, USD Steady, Stocks Subdued + Commodities

Gold Lower, USD Steady, Stocks Subdued + Commodities

Gold Lower, USD Steady, Stocks Subdued + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Lower US Dollar Steady Crude Oil Up Asian Stocks Subdued In Asia Gold: Gold prices were flat Wednesday pressured by a robust USD after 1 senior Fed official reaffirmed the need for a further increase in interest rates while another made a case for no more interest rate hikes […]

United States Oil (USO) weighed down by an emerging supply overhang

United States Oil (USO) weighed down by an emerging supply overhang

United States Oil (USO) weighed down by an emerging supply overhang International Brent crude oil futures LCOc1 briefly dipped below $60 per barrel before rising back to $60.33 at 0746 GMT, down 15 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $51.24 per barrel, down […]

Gold Lower, USD Steady, Stocks Up + Commodities

Gold Lower, USD Steady, Stocks Up + Commodities

Gold Lower, USD Steady, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Lower US Dollar Steady Crude Oil Flat Asian Stocks Up In Asia Gold: Gold prices are Tuesday as USD steadied on fears of a slowdown in global economic growth and come caution about the resolution US-China trade dispute ahead of the G-20 meeting in Argentina. Spot gold was down 0.1% […]

Gold Flat, USD Higher, Stocks Down + Commodities

Gold Flat, USD Higher, Stocks Down + Commodities

Gold Flat, USD Higher, Stocks Down + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Flat US Dollar Higher Crude Oil Flat Asian Stocks Down In Asia Gold: Gold prices are flat to little changed Monday with investors looking to a G-20 Summit this week for signs of a coming resolution in the US – China trade dispute.  Spot gold was little changed at […]

President Trump Thanks Saudis for Keeping Crude Oil Prices Low

President Trump Thanks Saudis for Keeping Crude Oil Prices Low

President Trump Thanks Saudis for Keeping Crude Oil Prices Low $OIL, $USO, $UNG, $UGA US President Donald Trump sent out a Tweet thanking Saudi Arabia for lower worldwide Crude Oil prices Wednesday after receiving widespread criticism for his declaration that Saudi Crown Prince Mohammed bin Salman aka MbS would not be punished even if he did order […]

Gold Up, USD Off, Stocks Mixed + Commodities

Gold Up, USD Off, Stocks Mixed + Commodities

Gold Up, USD Off, Stocks Mixed + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up US Dollar Off Crude Oil Off Asian Stocks Mixed In Asia Gold: Gold prices held recent gains in early Asian trade Friday on lingering doubts over the pace of rate hikes by the US Federal Reserve, putting the precious Yellow metal on track for a 2nd straight weekly […]

Falling Crude Oil Prices Great for US Consumers and Emerging Markets

Falling Crude Oil Prices Great for US Consumers and Emerging Markets

Falling Crude Oil Prices Great for US Consumers and Emerging Markets $USO, $OIL, $UGA, $USD US Holiday shoppers should enjoy more spending power thanks to the recent dive in Crude Oil prices. While this fall in Crude Oil prices does not yet match the Ys 2014-2016 fall to $26 bbl, the current decline should soon […]

President Trump, “Oil prices getting lower. Great!”

President Trump, “Oil prices getting lower. Great!”

President Trump, “Oil prices getting lower. Great!” $USO, $OIL Wednesday, President Donald Trump Tweeted thanking Saudi Arabia for lower worldwide Crude Oil prices. “Oil prices getting lower. Great!” President Trump wrote. “Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!” The Tweet […]

United States Oil (USO) ongoing concerns about a potential glut in global supplies

United States Oil (USO) ongoing concerns about a potential glut in global supplies

United States Oil (USO) ongoing concerns about a potential glut in global supplies U.S. oil futures dropped Tuesday, with ongoing concerns about a potential glut in global supplies pushing prices to their lowest finish since October of last year. Sharp declines in U.S. benchmark stock indexes contributed to expectations of a weaker economy and a […]

Gold Off a Bit, USD Gains, Stocks Off + Commodities

Gold Off a Bit, USD Gains, Stocks Off + Commodities

Gold Off a Bit, USD Gains, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Off a Bit US Dollar Gains Crude Oil Up Asian Stocks Down In Asia Gold: Gold prices dropped a bit Wednesday, as USD got a boost from safe-haven demand on heightened risk aversion. Spot gold dipped 0.1% to $1,219.96 oz at 0122 GMT US gold futures were down 0.1% at […]

Energy, Retail and Tech Stocks Continue to Lead Market Due South

Energy, Retail and Tech Stocks Continue to Lead Market Due South

Energy, Retail and Tech Stocks Continue to Lead Market Due South $DIA, $SPY, $QQQ, $RUTX, $XRT, $VXX Recently we have heard commentary about rising recession risk; widening corporate credit spreads; forecasting message of the sharp losses in cyclical sectors and former leadership stocks/sectors; lack of both gains and buy-the-dip success in November, which call into […]

United States Oil (USO) prices should be much lower based on supply

United States Oil (USO) prices should be much lower based on supply

United States Oil (USO) prices should be much lower based on supply Oil prices dropped again after the fifth-week loss. The price of West Texas Intermediate (WTI) for December delivery and Brent crude for January delivery lost 6.2 per cent and 4.9 per cent, respectively, during the week ending November 16. In the previous week […]

Gold Steady, USD Down, Stocks Off + Commodities

Gold Steady, USD Down, Stocks Off + Commodities

Gold Steady, USD Down, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady US Dollar Softens Crude Oil Down Asian Stocks Mixed In Asia Gold: Gold prices held steady early Tuesday as USD was pressured by weak US economic data and cautious comments about the global economy from Fed officials. Spot gold –0.1%  to $1,222.71 oz at 0117 GMT. US gold futures were […]

United States Oil (USO) traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply

United States Oil (USO) traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply

United States Oil (USO) traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply Oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply towards the end of the year. Despite that, market sentiment remains weak on signs of a demand […]

Gold Higher, USD Down, Stocks Mixed + Commodities

Gold Higher, USD Down, Stocks Mixed + Commodities

Gold Higher, USD Down, Stocks Mixed+ Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady US Dollar Subdued Crude Oil Up Asian Stocks Mixed In Asia Gold: Gold prices were steady Monday, with the USD subdued after comments from Fed officials showing caution over the global economy, prompting traders to reassess the pace of future US interest rate hikes. Spot gold flat to […]

US Industrial Production Moving Higher

US Industrial Production Moving Higher

US Industrial Production Moving Higher $USO, $UGA, $USD US industry expanded in October, with manufacturing growth offsetting declines in mining and utility production. Industrial production ticked up 0.1%, the 5th straight monthly gainer, following a 0.2% advance in September and a 0.8% advance in August, the Fed reported Friday. The Fed said that recent hurricanes lowered […]

United States Oil (USO) domestic supplies rise an 8th week

United States Oil (USO) domestic supplies rise an 8th week

United States Oil (USO) domestic supplies rise an 8th week U.S. oil prices climbed Thursday, but finished below the session’s best level as data from the U.S. government showed that domestic-crude supplies rose more than expected and for an eighth week in a row as output reached a record. Tariq Zahir, managing member at Tyche […]

Gold Higher, USD Down, Stocks Up + Commodities

Gold Higher, USD Down, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Higher US Dollar Down Crude Oil Rise a Bit Friday Asian Stocks Up sans Japan In Asia Gold: Gold prices rose Friday, having hit a 1-week high earlier in the session, as investors sought safe-haven assets on fears of a chaotic departure for Britain from the EU aka BREXIT. […]

Banks Will Feel Pain Once Crude Oil Price Fall Below $50 bbl

Banks Will Feel Pain Once Crude Oil Price Fall Below $50 bbl

Banks Will Feel Pain Once Crude Oil Price Fall Below $50 bbl $DIA, $SPY, $QQQ, $RUTX, $USO, $VXX The S&P 500 gained 1.1% Thursday to snap a 5-session losing streak. US-China trade optimism and strength from tech stocks, Banks can handle the energy-linked loans they have  extended just as long as Crude Oil prices don’t drop […]

United States Oil (USO) pressured by rising supply going into a market

United States Oil (USO) pressured by rising supply going into a market

United States Oil (USO) pressured by rising supply going into a market Oil prices fell on Thursday, pressured by rising supply going into a market in which consumption is expected to slow down amid a glum economic outlook. Front-month Brent crude oil futures were trading at $65.90 per barrel at 0254 GMT, down 22 cents, […]

Gold Steady, USD Down, Stocks Up + Commodities

Gold Steady, USD Down, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady US Dollar Down Crude Oil deep in Bear Market Territory Asian Stocks Up sans Japan In Asia Gold: Gold prices held steady Thursday, after rising nearly 1% in the prion session, as USD slipped further from a 16-month peak hit earlier in the week. Spot gold was little […]

United States Oil (USO) officially entering a bear market

United States Oil (USO) officially entering a bear market

United States Oil (USO) officially entering a bear market Oil prices sank on Tuesday, with U.S. benchmark crude settling at its lowest year-to-date, stretching its record streak of losses to a 12th session, and global benchmark crude officially entering a bear market. Natural-gas futures, meanwhile, jumped by more than 8%, to settle at their highest […]

Gold Up, USD Down, Stocks Off + Commodities

Gold Up, USD Down, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up US Dollar Down Crude Oil deeper in Bear Market Territory Asian Stocks Down In Asia Gold: Gold prices are us Wednesday as the USD retreated from a 16-month high touched earlier in the week, easing amid a surge in EUR and GBP on a draft BREXIT agreement. Spot […]

Nothing to Justify Oil Price Rally

Nothing to Justify Oil Price Rally

Nothing to Justify Oil Price Rally OPEC on Tuesday trimmed its global oil demand forecasts for this year and next, as kingpin Saudi Arabia tries to cut output to bolster prices in a weakening market. In its latest monthly report covering October, OPEC said demand is expected to increase 1.5 million barrels per day (mbd) […]

United States Oil (USO) potential reduction in crude output

United States Oil (USO) potential reduction in crude output

United States Oil (USO) potential reduction in crude output  U.S. oil futures turned lower in Monday dealings, reversing course after discussions among major oil producers over a potential reduction in crude output had pulled prices higher. A lower settlement for the U.S. benchmark would mark its eleventh in a row and longest streak of session […]

Gold Up, USD Up, Stocks Off + Commodities

Gold Up, USD Up, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Firming US Dollar Up Crude Oil in Bear Market Territory Asian Stocks Lower In Asia Gold prices edged higher Tuesday as investors resorted to bargain-hunting after the precious Yellow metal fell to over 1-month lows, weighed by a stronger USD that has capped the market. Spot gold was […]

Gold Down, USD Up, Stocks Off + Commodities

Gold Down, USD Up, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Down US Dollar Up Crude Oil in Bear Market Territory Asian Stocks Lower In Asia Gold prices steadied Monday after touching a 1-month low in Friday’s session, but the precious Yellow metal remains under pressure from a firmer USD and expectations the Fed is on track to tighten […]

United States Oil (USO) signs of deteriorating demand and rising output

United States Oil (USO) signs of deteriorating demand and rising output

United States Oil (USO) signs of deteriorating demand and rising output U.S. oil prices dropped for a ninth consecutive session on Thursday, falling into a bear market, on further signs of growing supply even as data showed record Chinese oil imports. Crude prices have plunged over the last five weeks, buffeted by October’s broader market […]

Gold Down, USD Up, Stocks Off + Commodities

Gold Down, USD Up, Stocks Off + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Down US Dollar Up Crude Oil in Bear Market Territory Asian Stocks Higher Focus on FOMC Minutes later Thursday In Asia Gold: Gold prices fell to their lowest mark in a week Friday, and were set for their biggest weekly decliner since August, on a firmer USD as the […]

Gold Down, USD Up, Stocks Up + Commodities

Gold Down, USD Up, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Down US Dollar Up Crude Oil Higher  Asian Stocks Higher Focus on FOMC Minutes later Thursday In Asia Gold prices inched lower Thursday on the back of a stronger USD, as investors digested the US Congressional midterm election results and turned their focus to the Fed’s monetary policy […]

United States Oil (USO) expectations for weaker-than-anticipated global economic growth

United States Oil (USO) expectations for weaker-than-anticipated global economic growth

United States Oil (USO) expectations for weaker-than-anticipated global economic growth Oil prices fell on Tuesday, briefly entering a bear market, after the United States took measures to allow some of Iran’s biggest customers to continue importing its oil without violating U.S. sanctions against the Islamic Republic. The sanctions waivers have further eased concerns that the […]

Gold Up, USD Down, Stocks Up + Commodities

Gold Up, USD Down, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Up US Dollar Down Crude Oil Lower  Asian Stocks Higher US Midterm Congressional Elections come is as Expected. In Asia Gold: Gold prices rose Wednesday on a weaker USD, as the outcome of US Congressional midterm election came in as expected, Republican hold Senate, and Dems take control […]

United States Oil (USO) reinstated US sanctions on Iran coming into force

United States Oil (USO) reinstated US sanctions on Iran coming into force

United States Oil (USO) reinstated US sanctions on Iran coming into force Oil prices dropped on Monday despite the reinstated US sanctions on Iran coming into force. Donald Trump pulled the US out of the Iran nuclear deal earlier this year, and market experts had predicted that the renewed sanctions would drive oil prices up […]

Gold Steady, USD Down, Stocks Up + Commodities

Gold Steady, USD Down, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady US Dollar Down Crude Oil Lower  Asian Stocks Higher Traders eye US Midterm Congressional Elections In Asia Gold prices were steady early Tuesday ahead of US Congressional  midterm elections that may fuel interest in the precious Yellow metal as a hedge against risk if the result sparks […]

United States Oil (USO) U.S. sanctions against Iran’s fuel exports softened

United States Oil (USO) U.S. sanctions against Iran’s fuel exports softened

United States Oil (USO) U.S. sanctions against Iran’s fuel exports softened Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily. Front-month Brent crude futures were at $72.39 per barrel at 0142 GMT […]

Gold Steady, USD Down, Stocks Down + Commodities

Gold Steady, USD Down, Stocks Down + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady US Dollar Down Crude Oil Dipped  Asian Stocks Lower Traders eye US Midterm Congressional Elections Traders eye US Earnings Data In Asia Gold prices held steady Monday as investors were cautious ahead of the US Congressional electionsTuesday which will determine whether the Republican or Democratic Party controls […]

United States Oil (USO) concerns over the potential for tighter crude supplies

United States Oil (USO) concerns over the potential for tighter crude supplies

United States Oil (USO) concerns over the potential for tighter crude supplies U.S. oil futures dropped below $64 a barrel on Thursday to mark the lowest settlement since early April. Further signs of growing global production continue to ease concerns over the potential for tighter crude supplies, with the official start of U.S. sanctions on […]

Gold Steady, USD Up, Stocks Higher + Commodities

Gold Steady, USD Up, Stocks Higher + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady US Dollar Up Crude Oils Down Asian Stocks Higher Traders eye US NFPs Data Traders eye US Earnings Data In Asia Gold prices were steady in early Asian trade Friday, after rising about 1.5% in the prior session, while the USD inched up ahead of the US NFP […]

United States Oil (USO) should expect significant outperformance

United States Oil (USO) should expect significant outperformance

United States Oil (USO) should expect significant outperformance On the morning of publication of the EIA-914 and EIA PSM reports today (October 31), providing US monthly oil production data for August 2018, Rystad Energy analysis indicates that the market should expect significant outperformance of US oil production compared to the EIA’s predictions. The EIA’s current […]

Gold Higher, USD Lower, Stocks Higher  + Commodities

Gold Higher, USD Lower, Stocks Higher  + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Higher US Dollar Eases Crude Oils Down Asian Stocks Higher Traders eye US Economic Data Traders eye US Earnings Data In Asia Gold prices inched higher in early Asian trade Thursday, recovering from a 3-week low marked in the Wednesday’s session as the USD eased. Spot gold was up 0.2% […]

United States Oil (USO) markets brace for the imposition of U.S. sanctions on Iran

United States Oil (USO) markets brace for the imposition of U.S. sanctions on Iran

United States Oil (USO) markets brace for the imposition of U.S. sanctions on Iran Oil prices rose more than 1 percent on Wednesday as markets braced for the imposition of U.S. sanctions on Iran next week and as stock markets clawed back some of their recent losses. Benchmark Brent crude oil LCOc1 was up 80 […]

Gold Lower, USD Higher, Stocks Higher  + Commodities

Gold Lower, USD Higher, Stocks Higher  + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Coming Off of 3 Month Highs US Dollar (.DXY) Index Higher Crude Oils Prices Up Asian Stocks Higher Traders eye US Economic Data Traders eye US Earnings Data In Asia Gold prices fell to a more than 2-week low Wednesday as Asian stocks gained and the USD touched multi-month highs on […]

United States Oil (USO) Fund managers cut bullish crude holdings to 15-month low

United States Oil (USO) Fund managers cut bullish crude holdings to 15-month low

United States Oil (USO) Fund managers cut bullish crude holdings to 15-month low Oil prices fell on Monday as as Russia signaled its output will remain high and concern over the global economy put crude on track for its biggest monthly fall since mid-2016. Losses were limited ahead of U.S. sanctions on Iranian exports that […]

Gold Lower, USD Higher, Stocks Lower  + Commodities

Gold Lower, USD Higher, Stocks Lower  + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Coming Off of 3 Month Highs US Dollar (.DXY) Index Firms Crude Oils Mixed Asian Stocks Pressured Traders eye US Economic Data Traders eye US Earnings Data In Asia Gold prices edged down Tuesday as the USD gained on worries over slowing economic growth and fears the US- China trade […]

United States Oil (USO) markets remain tense ahead of impending U.S. sanctions against Iran’s crude exports

United States Oil (USO) markets remain tense ahead of impending U.S. sanctions against Iran’s crude exports

United States Oil (USO) markets remain tense ahead of impending U.S. sanctions against Iran’s crude exports Oil prices dipped on Monday amid cautious sentiment as a plunge in financial markets last week and dollar strength early this week underscored concerns that growth may be slowing, especially in Asia’s emerging economies. Front-month Brent crude oil futures […]

United States Oil (USO) investors warming to the idea of longer-term investment

United States Oil (USO) investors warming to the idea of longer-term investment

United States Oil (USO) investors warming to the idea of longer-term investment Higher and more stable oil prices, corporate restructurings, and investors warming to the idea of longer-term investment sent the U.S. oil and gas deals value to a near-record US$122.8 billion in the third quarter of 2018, the highest deal value since a record […]

Gold Higher, USD Higher, Stocks Lower  + Commodities

Gold Higher, USD Higher, Stocks Lower  + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Strengthens US Dollar (.DXY) Index Strengthens Crude Oil Softens US and Global Stocks Strengthen Traders eye US Q-3 GDP data Friday In Asia Gold Gold prices held steady Friday but remained on track to rise for the 4th week running, the longest string of weekly gainers since January on […]

United States Oil (USO) markets remain cautious ahead of U.S. sanctions on Iran’s crude exports

United States Oil (USO) markets remain cautious ahead of U.S. sanctions on Iran’s crude exports

United States Oil (USO) markets remain cautious ahead of U.S. sanctions on Iran’s crude exports Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock markets, with U.S. stocks posting the biggest daily decline since 2011 to wipe out the year’s gains. Front-month Brent crude oil futures […]

Gold Higher, USD Lower, Stocks Lower  + Commodities

Gold Higher, USD Lower, Stocks Lower  + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold strengthens on risk-off trade US Dollar (.DXY) Index Eases Crude Oil futures down US and Global market’s stocks lower In Asia Gold: Gold prices firmed early, hanging near a more than 3-month high reached earlier this week, as the USD eased and Asian stocks slumped after Wall Street surrendered all its […]

United States Oil (USO) Iran sanctions return to focus

United States Oil (USO) Iran sanctions return to focus

United States Oil (USO) Iran sanctions return to focus Oil prices on Wednesday clawed back some of their hefty losses from the day before as the looming U.S. sanctions against Iran came back into focus. Front-month Brent crude oil futures were at $76.76 a barrel at 0452 GMT, 32 cents, or 0.4 percent, above their […]

Gold Higher, USD Lower, Stocks Mixed to Lower  + Commodities

Gold Higher, USD Lower, Stocks Mixed to Lower  + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold strengthens on risk-off trade US Dollar (.DXY) Index Falls Crude Oil futures down on Saudi pledge US stocks lower In Asia Gold prices Wednesday in global markets is up after hitting their highest in over 3 months in Tuesday’s US session, with international political and economic uncertainty underpinning safe-haven […]

Metalla Royalty & Streaming Ltd (OTCQX:MTAFF) Closing on Gold Royalty Acquisition

Metalla Royalty & Streaming Ltd (OTCQX:MTAFF) Closing on Gold Royalty Acquisition $MTAFF, $GLGDF, $RGLD, $FNV,$WPM HeffX-LTN views Metalla, a new entry, in this coming commodities cycle as a good risk-off bet. Metalla Royalty & Streaming Ltd’s (OTCQX:MTAFF) CEO Brett Heath announced Monday, that the company is proceeding to close its acquisition of the 2% net smelter […]

United States Oil (USO) Russia warned not to even consider helping Iran

United States Oil (USO) Russia warned not to even consider helping Iran

United States Oil (USO) Russia warned not to even consider helping Iran The United States warned Russia to not even consider helping Iran to evade the U.S. sanctions on Tehran’s oil, a senior U.S. Administration official told the Financial Times. “Iran might be pushing the idea of Russia selling their oil on the world market to […]

Gold Higher, USD Higher, Stocks Mixed to Lower  + Commodities

Gold Higher, USD Higher, Stocks Mixed to Lower  + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold strengthens on risk-off trade US Dollar (.DXY) Index up Crude Oil futures down on Saudi pledge US stocks mixed, Asia stocks off In Asia Gold prices are up early Tuesday as Asian stocks faltered, weighed down by political uncertainties around BREXIT and […]

United States Oil (USO) Sets New Record For Oil Production

United States Oil (USO) Sets New Record For Oil Production

United States Oil (USO) Sets New Record For Oil Production The American Petroleum Institute’s latest monthly statistical report shows the U.S. produced a record 11.0 million barrels of crude oil per day (mb/d) in September. U.S. liquid fuels production grew 2.2 mb/d year-over-year (y/y), and the U.S. met virtually all global oil demand growth. As […]

Gold Higher, USD Higher, Stocks Flat  + Commodities

Gold Higher, USD Higher, Stocks Flat  + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold strengthens on risk-off trade US Dollar (.DXY) Index up Crude Oil futures up on supply/demand issues Stocks Flat to Unchanged In Asia Gold prices settled higher Monday morning in Asia, along with an advance in the USD. The increase in gold prices, a safe-haven […]

United States Oil (USO) Cartel issues internal warning as oil prices slide

United States Oil (USO) Cartel issues internal warning as oil prices slide

United States Oil (USO) Cartel issues internal warning as oil prices slide Rising crude oil inventories and increased output in the U.S. could push oil prices down in the coming weeks, an internal OPEC report said Thursday. A coming “seasonal scale back in refinery demand…could result in oil stock builds,” said an internal market report, […]

Gold Higher, USD Higher, Stocks Lower + Commodities

Gold Higher, USD Higher, Stocks Lower + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold strengthens on risk-off trade China’s growth slows US Dollar (.DXY) Index up on the week Crude Oil futures fall again on supply/demand issues In Asia Gold prices are higher Friday as Asian shares fell on renewed political and economic concerns including China’s weak […]

United States Oil (USO) U.S. benchmark ending below $70 a barrel

United States Oil (USO) U.S. benchmark ending below $70 a barrel

United States Oil (USO) U.S. benchmark ending below $70 a barrel Oil futures dropped Wednesday, with the U.S. benchmark ending below $70 a barrel for the first time in more than three weeks, as U.S. government data revealed a sizable climb in domestic crude supplies for a fourth week in a row. November West Texas […]

Gold Ranged, USD Firms + Commodities

Gold Ranged, USD Firms + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold steady in narrow range Fed mins signal more rate hikes ahead US Dollar (.DXY) Index rises to 1-wk high Crude Oil futures fall for 1st session in 4 In Asia Gold prices held steady in a narrow range Thursday as Asian shares eased, […]

United States Oil (USO) tensions between the U.S. and Saudi Arabia

United States Oil (USO) tensions between the U.S. and Saudi Arabia

United States Oil (USO) tensions between the U.S. and Saudi Arabia The U.S. oil benchmark edged higher on Tuesday, finding support as traders watched developments tied to tensions between the U.S. and Saudi Arabia over a missing Saudi journalist, which could lead the Saudis to curtail crude output. Prices also got a boost after S&P […]

Gold Edged Down, USD Edged Up + Commodities

Gold Edged Down, USD Edged Up + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold stays near 2.5 month high as risk aversion lends support In Asia Gold prices edged lower early Wednesday as stocks gained and USD firmed on fading risk-averse sentiment, with the market awaiting mins from the Fed’s FOMC latest policy meeting […]

United States Oil (USO) recoups Friday’s losses and then some

United States Oil (USO) recoups Friday’s losses and then some

United States Oil (USO) recoups Friday’s losses and then some Oil futures pared earlier gains on Monday to settle modestly higher as tensions between the U.S. and Saudi Arabia linked to a missing dissident journalist appeared to ease. Worries about outlook for crude demand also kept price gains in check, analysts said. November West Texas […]

Gold Holding at 12 Wk Highs+ Commodities

Gold Holding at 12 Wk Highs+ Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Gold stays near 2.5 month high as risk aversion lends support In Asia Gold prices held steady Tuesday near last session’s 2.5 -month high as risk-averse investors sought refuge in the precious Yellow metal amid rising political tensions and economic uncertainty. […]

United States Oil (USO) Iran’s President Seeks to Downplay US Oil Sanctions

United States Oil (USO) Iran’s President Seeks to Downplay US Oil Sanctions

United States Oil (USO) Iran’s President Seeks to Downplay US Oil Sanctions Iran says it has no concerns over the potential impacts of returning US sanctions on its oil exports given that it is already selling its crude oil higher than the price tag it has set in its annual budget plan. Iran’s First Vice […]

Gold Up, Asian Shares Dip + Commodities

Gold Up, Asian Shares Dip + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold prices rose early Monday as Asian stocks eased due to concerns about a potential decline in China’s economic growth amid an ongoing trade dispute and signs of tighter monetary policy by the Fed. Spot gold was up 0.3% […]

United States Oil (USO) Chinese buyers shy away from U.S. crude

United States Oil (USO) Chinese buyers shy away from U.S. crude

United States Oil (USO) Chinese buyers shy away from U.S. crude Although the Chinese government has not yet gone so far in the ever-escalating trade war as to sanction United States oil, imports are drying up anyway as Chinese buyers shy away from U.S. crude. According to U.S. Census Bureau data released last week, for […]

Gold Up, USD, US Interest Rates Down+ Commodities

Gold Up, USD, US Interest Rates Down+ Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT US President Trump says Fed “crazy” for raising interest rates Spot gold may extend gains to $1,237 oz Crude Oil falling on overblown supply issues In Asia Gold Gold prices edged lower Friday, but held near a more than 10-wk highs hit […]

Gold Down, US Interest Rates Up + Commodities

Gold Down, US Interest Rates Up + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT Asian shares fall sharply after Wall St tumbles Holdings in SPDR Gold Trust (GLD) rise for 1st time since July US President Trump says Fed “crazy” for raising interest rates In Asia Gold Gold prices inched down Thursday as strong […]

United States Oil (USO) Demand is still very strong

United States Oil (USO) Demand is still very strong

United States Oil (USO) Demand is still very strong Crude rose as storm Michael strengthened and shut some U.S. oil output, while the International Energy Agency called on producers to pump more as the market is “entering the red zone.” Futures in New York rose 0.6 percent. Michael, currently a category 1 storm, is strengthening […]

Gold Steady, USD Pauses + Commodities

Gold Steady, USD Pauses + Commodities $GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold Gold prices held steady Wednesday as expectations of more US interest rate increases pressured demand, although the precious Yellow metal drew some support from USD coming off 7-week highs. Spot gold was little changed at $1,189.05 oz at 0513 […]

United States Oil (USO) U.S. waivers on Iran sanctions

United States Oil (USO) U.S. waivers on Iran sanctions

United States Oil (USO) U.S. waivers on Iran sanctions Oil futures ended lower Monday on reports that the Trump administration was softening its hard line on Iran crude exports and might allow waivers for some buyers when sanctions against the Islamic Republic’s crude exports go back into effect in November. Oil prices had seen steeper […]

Gold Dips Below 1200, Investors Buy USDs + Commodities

Gold Dips Below 1200, Investors Buy USDs + Commodities $GLD, $SLV, $USD, $PLAT, $PALL, $USO, $OIL, $SOY, $CORN, $WEAT In Asia Gold on track for its biggest daily pct loss since mid-Aug China eases policy on concerns trade dispute with US could hurt growth Speculators cut net short position in COMEX gold in 1st week of October […]

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