Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Dipped, USD Up, Crude Oil Off, Stocks Lower Headlines USD up as lengthy Fed easing uncertain and BREXIT pains deepens. Crude Oil slips 1% after Fed disappoints, US Crude Oil output rises. Gold dipped to 2-wk lows on Fed uncertainty about more rate cuts. Asian shares fall, […]

United States Oil (USO) rises on expectations of Fed rate cut

United States Oil (USO) rises on expectations of Fed rate cut

United States Oil (USO) rises on expectations of Fed rate cut Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the U.S. Federal Reserve will cut interest rates this week for the first time in more than 10 years, boosting demand expectations in the world’s biggest oil user. Meanwhile, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Unch, USD Firm, Crude Oil Up, Stocks Lower Headlines Asian shares at 6-week lows on trade worry Gold prices hold steady ahead of Fed’s rate announcement Crude Oil gains for a 5th day running after US stockpile drop  .DXY held firm Wednesday, as a wait-and-see mood prevailed. […]

United States Oil (USO) traders will closely await updates on both the trade front and Fed policy

United States Oil (USO) traders will closely await updates on both the trade front and Fed policy

United States Oil (USO) traders will closely await updates on both the trade front and Fed policy Oil futures ended higher Monday, with analysts tying support to the planned resumption of trade talks between the U.S. and China as well as expectations the Federal Reserve will deliver a rate cut when it concludes its policy […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Higher Headlines Asia stocks gain ahead of Fed, GBP pressured by BREXIT uncertainty, Crude Oil prices rise on expectations Fed will cut rates, Gold slips as USD climbs. Gold: Gold prices dipped Tuesday as USD rose to 2-month highs, while […]

United States Oil (USO) higher after stronger-than-expected US economic data brightened the crude demand outlook

United States Oil (USO) higher after stronger-than-expected US economic data brightened the crude demand outlook

United States Oil (USO) higher after stronger-than-expected US economic data brightened the crude demand outlook Oil prices inched up on Friday, ending the week higher after stronger-than-expected US economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply. Brent crude futures settled at […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up USD Up, Crude Oil Down, Stocks Lower Headlines Crude Oil falls on growth outlook concerns and positive news on Iran A Fed interest rate cut a certainty Asian shares drift lower, trade talks loom Gold rises as markets awaits Fed meeting Gold: Gold prices gained Monday […]

Gold Gained Friday as US Inflation Offset GDP Data

Gold Gained Friday as US Inflation Offset GDP Data

$GLD, $XAU Gold prices rose Friday, after slipping to more than 1-week lows in the prior session, as soft US inflation numbers offset better-than-expected Q-2 economic growth that kept bets alive for an interest rate cut next week. Spot gold was last seen up 0.4% at $1,419.10 oz Friday, but still on track for the […]

United States Oil (USO) rebounded from its worst loss in a week

United States Oil (USO) rebounded from its worst loss in a week

United States Oil (USO) rebounded from its worst loss in a week Oil rebounded from its worst loss in a week as traders focused on tightening U.S. crude stockpiles while Europe’s Central Bank signaled it was teeing up stimulus for the flagging economy. Futures climbed as much as 2% in New York Thursday, after sliding […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up USD Up, Crude Oil Up, Stocks Down Headlines Crude Oil prices up as geopolitical tensions counter sluggish demand, Asian shares slide as ECB holds off easing, earnings mixed, Gold up on rate-cut bets; focus on US GDP data Gold: Gold prices steadied Friday after touching a […]

United States Oil (USO) slowing global growth added to demand concerns

United States Oil (USO) slowing global growth added to demand concerns

United States Oil (USO) slowing global growth added to demand concerns Oil ticked higher early on Thursday after falling in the previous session as more signs of slowing global growth added to demand concerns, with Middle East tensions underpinning prices. Brent crude futures were up 6 cents at $63.24 a barrel by 0053 GMT, after […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Flat USD Up, Crude Oil Up, Stocks Up Headlines Asian shares tick higher, euro near 2-month lows before ECB decision Crude Oil advances on Gulf tensions, but demand concerns cap gainers Gold steadies ahead of ECB decision; firm USD caps appeal Fed to cut rates for […]

United States Oil (USO) signs of rising tensions in the Middle East

United States Oil (USO) signs of rising tensions in the Middle East

United States Oil (USO) signs of rising tensions in the Middle East Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S. Central Command said the United States may have taken down a second Iranian drone over the Strait of Hormuz last week. Signs of rising tensions in […]

United States Oil (USO) investors worried about possible supply disruptions in the energy-rich Middle East

United States Oil (USO) investors worried about possible supply disruptions in the energy-rich Middle East

United States Oil (USO) investors worried about possible supply disruptions in the energy-rich Middle East Oil prices rose more than 1% on Monday, as investors worried about possible supply disruptions in the energy-rich Middle East after Iran’s seizure of a British tanker last week. Brent crude futures climbed 66 cents a barrel, or 1.02% to $63.11 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Flat, Crude Oil Up, Stocks Up Note: Sterling was off Tuesday as investors worried Boris Johnson, the frontrunner to become the UK’s next Prime Minister, would trigger a “hard BREXIT” from the EU, seen as a risk for the British economy. Further, currency-market focus will […]

Tensions in the Gulf have already pushed United States Oil (USO) prices slightly higher

Tensions in the Gulf have already pushed United States Oil (USO) prices slightly higher

Tensions in the Gulf have already pushed United States Oil (USO) prices slightly higher Seizures of oil tankers and other hostile Iranian measures in the Strait of Hormuz are already raising insurance rates for shipping companies and could eventually reduce tanker traffic in the vital waterway, with a spike in global oil prices a serious risk even […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Down Note: Geopolitical fears were dominated by confrontation in the Crude Oil trade’s most important waterway escalating, with footage showing the Iranian military defying a British warship when it seized a tanker in the Strait of Hormuz Friday. Priced-in forecasts […]

United States Oil (USO) prices reversed earlier gains

United States Oil (USO) prices reversed earlier gains

United States Oil (USO) prices reversed earlier gains Earlier gains for oil futures on the back of increased tensions in the Middle East gave way to sizable declines Thursday, pushing U.S. and global benchmark prices to their lowest settlements in a month. Prices reversed earlier gains, “reacting to the weakness in U.S. equities and over expectations of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Spiked, USD Steady, Crude Oil Up, Stocks Up Note: Friday is options expiry in the US, volatile: maybe, maybe not. The Buck steadied Friday, but was still on the defensive after Federal Reserve officials bolstered expectations of an aggressive rate cut this month to address weakening price […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Off Notes: The International Monetary Fund (IMF) Wednesday said the dollar was overvalued by 6% to 12%, based on near-term economic fundamentals. With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched […]

United States Oil (USO) State Secretary Pompeo says Iran is ready to negotiate about its missile program

United States Oil (USO) State Secretary Pompeo says Iran is ready to negotiate about its missile program

United States Oil (USO) State Secretary Pompeo says Iran is ready to negotiate about its missile program Oil prices turned lower on Tuesday, falling by about $2 a barrel as U.S. President Donald Trump said progress has been made with Iran, signaling tensions could ease in the Mideast. Brent crude futures were down $2.56 or 3.7% […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Mixed Notes: With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched out arguments Tuesday on how deep the cut should be, even as a 3rd said she needs more data before […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Unch, Crude Oil Off, Stocks Mixed Notes: Most Asian stock markets rose Monday, but gains were limited as investors awaited US retail sales data and corporate earnings to gauge the health of the world’s biggest economy ahead of a likely US rate cut later […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Mixed, USD Firm, Crude Oil Off, Stocks Up Notes: China’s economic growth slowed to 6.2% in Q-2, its weakest pace in 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure. EU foreign ministers will seek to figure out how […]

United States Oil (USO) makes it to Ukraine in another blow to Moscow

United States Oil (USO) makes it to Ukraine in another blow to Moscow

United States Oil (USO) makes it to Ukraine in another blow to Moscow U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil. Ukraine this month received […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off, Crude Oil Up, Stocks Mixed Notes: Friday, China will release trade data for June, with analysts expecting exports to have fallen as weakening global demand and a sharp hike in US tariffs took a heavier toll on the world’s largest trading nation. OPEC Thursday […]

United States Oil (USO) US crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm

United States Oil (USO) US crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm

United States Oil (USO) US crude inventories shrank and as major producers cut nearly a third of offshore Gulf of Mexico production ahead of an expected storm Oil prices rose 4.5 per cent a barrel on Wednesday to their highest level in more than a month after US crude inventories shrank and as major producers […]

 Asia: Gold, USD, Crude Oil, Stocks & Commodities

 Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Off Crude Oil Up, Stocks Up Notes: Tensions have been high in the Middle East after attacks on tankers and the downing of a US drone by Iran last month, following President Trump’s withdrawal from a multi-party agreement with Tehran to end its nuclear program. […]

United States Oil (USO) persistent Iran tensions, this week’s testimony from Fed’s Powell color oil-trading sentiment

United States Oil (USO) persistent Iran tensions, this week’s testimony from Fed’s Powell color oil-trading sentiment

United States Oil (USO) persistent Iran tensions, this week’s testimony from Fed’s Powell color oil-trading sentiment Oil futures gained on Tuesday, with U.S. prices logging a fourth straight session gain, buoyed by tensions with Iran that threaten the global flow of oil and by expectations for a weekly decline in U.S. crude supplies. Concerns over […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Flat Crude Oil Up, Stocks Mixed Notes: OPEC and allied producers led by Russia agreed last week to extend their supply-cutting deal until March 2020. Brent has risen nearly 20% in Y 2019, supported by the pact and tensions in the Middle East, especially the […]

United States Oil (USO) concerns surrounding energy demand lingers

United States Oil (USO) concerns surrounding energy demand lingers

United States Oil (USO) concerns surrounding energy demand lingers Oil futures diverged Monday, with U.S. prices up a third straight session while global benchmark Brent finished lower, as tensions with Iran, and the possibility of disruptions to oil flow in the Middle East, increased. Concerns surrounding energy demand, however, lingered. Geopolitical tensions with Iran have […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Down, USD Flat Crude Oil Off, Stocks Lower Notes: BoE Governor Mark Carney has said a global trade war and a no-deal BREXIT were growing risks to Britain’s economy, which might need more help to cope with a downturn. That prompted investors to increase their bets on […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

FLASH: Gold Down, USD Up, Crude Oil Flat, Stocks Lower Notes: White House Economic advisor Larry Kudlow has confirmed top representatives from the United States and China will meet in the coming week to continue trade talks. Iran said Sunday it will shortly boost its uranium enrichment above a cap set by a landmark Y 2015 nuclear […]

United States Oil (USO) weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy

United States Oil (USO) weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy

United States Oil (USO) weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy. Front-month Brent crude futures, the international benchmark for oil […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

FLASH: Gold Up, USD Firm, Crude Oil Down, Stocks Up Notes: The market’s focus is Friday’s US NFPs for June, which economists expect to have risen by 160,000 in June, compared with 75,000 in May. USD firm on Friday but traders held off on making big bets ahead of the closely-watched US NFPs report that could influence […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

All US financial markets are closed Thursday for Independence Day FLASH: Gold Down, USD Flat, Crude Oil Down, Stocks Up Notes: Top representatives of the United States and China are organizing a resumption of talks for next week to try to resolve a year-long trade dispute between the world’s 2 largest economies, Trump Administration officials said Wednesday […]

So Goes President Trump, So Goes the Market

So Goes President Trump, So Goes the Market

$DIA, $SPY, $QQQ, $RUTX FLASH: President Trump is focused on the Fed, calling for lower interest rates and a lower USD Donald J. Trump is the biggest driver of financial markets in the world, and I write about him daily in this column. Savvy participants are making money off by anticipating his moves, which are […]

United States Oil (USO) oil prices drop by nearly 5% to their lowest in 2 weeks

United States Oil (USO) oil prices drop by nearly 5% to their lowest in 2 weeks

United States Oil (USO) oil prices drop by nearly 5% to their lowest in 2 weeks Oil futures dropped by almost 5% on Tuesday, settling at their lowest in roughly two weeks. “The crude oil market has quickly digested the decision by OPEC and its allies to maintain the production cuts through next March,” said […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY Wednesday, the US financial markets are shortened, and all US financial markets are closed Thursday for Independence Day FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Off Notes: Bank of England Governor Mark Carney on Tuesday flagged uncertainties stemming from trade disputes and Britain’s departure from the EU […]

United States Oil (USO) steadies but oversupply fears persist

United States Oil (USO) steadies but oversupply fears persist

United States Oil (USO) steadies but oversupply fears persist Oil prices pared gains on Monday (July 1) after worries about oversupply persisted, pulling back from an early rally as Opec extended supply cuts until March 2020 during a meeting in Vienna. The Organization of the Petroleum Exporting Countries agreed on Monday to extend oil supply […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Up, Crude Oil Down, Stocks Mixed Notes: President Trump said Monday that any trade deal with China would need to be “somewhat tilted” in favor of the United States. The US government also threatened tariffs on $4-B of additional EU goods in a long-running dispute […]

United States Oil (USO) OPEC and its allies look set to extend oil supply cuts

United States Oil (USO) OPEC and its allies look set to extend oil supply cuts

United States Oil (USO) OPEC and its allies look set to extend oil supply cuts OPEC and its allies look set to extend oil supply cuts next week at least until the end of 2019 as Iraq joined top producers Saudi Arabia and Russia on Sunday in endorsing a policy aimed at propping up the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Notes: The US and China agreed on Saturday to resume trade negotiations after President Trump offered concessions to his Chinese counterpart Xi when the 2 leaders met on the sidelines of the G-20 Summit in Japan. OPEC and […]

United States Oil (USO) OPEC-Russia production deal to continue

United States Oil (USO) OPEC-Russia production deal to continue

United States Oil (USO) OPEC-Russia production deal to continue OPEC ministers meet Monday, but this weekend’s G-20 leaders summit could have much more impact on oil prices, depending on whether the outcome is good or bad for the global economy — and therefore oil demand. The world’s markets are focused on Saturday’s meeting between President Donald Trump […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Ease Notes: President Trump made clear Friday that trade is his Top priority at this G-20 Summit, as China’s Xi warned against rising protectionism and India, Japan and Russia defended multi-lateral trade rules. Investors and Traders await the meeting between […]

United States Oil (USO) some of the advance is tied to higher crude prices ahead of the G20 meeting

United States Oil (USO) some of the advance is tied to higher crude prices ahead of the G20 meeting

United States Oil (USO) some of the advance is tied to higher crude prices ahead of the G20 meeting U.S. oil prices climbed by nearly 3% on Wednesday, as the U.S. government reported a weekly drop of nearly 13 million barrels in domestic crude stocks. Gasoline futures also rallied on news of the planned closure […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Notes: Investors and Traders await the meeting between Presidents Trump and Xi later this week for signs of a de-escalation in the trade dispute. The 2 world leaders will meet at the G-20 Summit in Japan. Just in from […]

United States Oil (USO) Iran on Tuesday sharply criticized new U.S. sanctions

United States Oil (USO) Iran on Tuesday sharply criticized new U.S. sanctions

United States Oil (USO) Iran on Tuesday sharply criticized new U.S. sanctions U.S. oil prices fell on Tuesday, posting a modest retreat after three consecutive session gains on the back of heightened tensions between the U.S. and Iran. “Slowing global growth and tensions with Iran are having an impact on the oil markets as investors […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD,$USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Down “The Stars look to be aligning for the Gold market, Gold could rise as high as $1,500 by the end of the year”– PE The Big Q: Why the Melt Up? The Big A: If gold remains above previous […]

United States Oil (USO) Trump administration announces additional Iran sanctions

United States Oil (USO) Trump administration announces additional Iran sanctions

United States Oil (USO) Trump administration announces additional Iran sanctions Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Down, Crude Oil Off, Stocks Down “The Stars look to be aligning for the Gold market, Gold could rise as high as $1,500 by the end of the year”– PE The Big Q: Why? The Big A: If gold remains above previous highs […]

United States Oil (USO) prices on the rises as tensions remain high between Iran and the United States

United States Oil (USO) prices on the rises as tensions remain high between Iran and the United States

United States Oil (USO) prices on the rises as tensions remain high between Iran and the United States Oil prices climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike Pompeo saying “significant” sanctions on Tehran would be announced. Brent futures were up 37 cents, or […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Down, Crude Oil Firm, Stocks Up Notes: Investors are awaiting an expected meeting between Presidents Trump and Xi later this week for any signs of a de-escalation in a trade dispute. The 2 world leaders will meet on the sidelines of the G-20 […]

United States Oil (USO) higher on fears of a military confrontation between Tehran and Washington

United States Oil (USO) higher on fears of a military confrontation between Tehran and Washington

United States Oil (USO) higher on fears of a military confrontation between Tehran and Washington Oil soared more than 5% higher yesterday after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington. Expectations that the US Federal Reserve could cut interest rates at its next meeting, stimulating […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Spiked, USD Down, Crude Oil Up, Stocks Up Notes: The Fed Wednesday signaled interest rate cuts beginning as early as July, saying it is ready to battle growing global and domestic economic risks as it took stock of rising trade tensions and growing concerns about […]

Exxon Mobil Corporation (NYSE:XOM) blacklisted from Legal & General Investment Management

Exxon Mobil Corporation (NYSE:XOM) blacklisted from Legal & General Investment Management

Exxon Mobil Corporation (NYSE:XOM) blacklisted from Legal & General Investment Management Britain’s biggest investment manager has released its second blacklist of companies which are failing to address environmental concerns. Legal & General Investment Management, which manages more than £1 trillion of savers’ and pensioners’ money, assesses more than 80 of the world’s largest firms every […]

Pemex Refinery Making History as the global bond market’s largest “fallen angel” ever

Pemex Refinery Making History as the global bond market’s largest “fallen angel” ever

Pemex Refinery Making History as the global bond market’s largest “fallen angel” ever But not all the information was released. Government says some details must remain confidential to avoid higher financing costs The government’s plan to build a new oil refinery on the Tabasco coast involves high risks of flooding and other environmental problems but […]

United States Oil (USO) OPEC sets new ministerial meeting dates to July 1-2

United States Oil (USO) OPEC sets new ministerial meeting dates to July 1-2

United States Oil (USO) OPEC sets new ministerial meeting dates to July 1-2 Oil futures settled modestly lower on Wednesday, giving up the gains they saw in the immediate wake of U.S. government figures that revealed a larger-than-expected drawdown in crude stockpiles, the first in three weeks. The supply draw “helped ease some of the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Spiked, USD Down, Crude Oil Up, Stocks Up Notes: The Fed Wednesday signaled interest rate cuts beginning as early as July, saying it is ready to battle growing global and domestic economic risks as it took stock of rising trade tensions and growing concerns about […]

United States Oil (USO) rose more than US$1 a barrel after news that China and the United States were resuming trade talks

United States Oil (USO) rose more than US$1 a barrel after news that China and the United States were resuming trade talks

United States Oil (USO) rose more than US$1 a barrel after news that China and the United States were resuming trade talks Oil prices rose more than US$1 a barrel on Tuesday after news that China and the United States were resuming trade talks ahead of a meeting at the G-20 summit later this month, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Up, Crude Oil Up, Stocks Up Notes: President Trump said Tuesday he will have an extended meeting with Chinese President Xi at the G-20. The world’s 2 largest economies are in the middle of a costly trade dispute that has pressured financial markets […]

United States Oil (USO) on the defensive

United States Oil (USO) on the defensive

United States Oil (USO) on the defensive Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions. U.S. crude oil futures shed 0.08% to $51.89 per barrel after retreating 1.1% the previous […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Flat, Crude Oil Down, Stocks Off Notes: The New York Fed said Monday that its gauge of business growth in New York state posted a record fall this month to its weakest level in more than 2.5 years, suggesting an abrupt contraction in […]

United States Oil (USO) rise after tanker attacks

United States Oil (USO) rise after tanker attacks

United States Oil (USO) rise after tanker attacks Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East, as tensions mounted following attacks on tankers last week. Brent futures had climbed 26 cents, or 0.4%, to $62.27 a […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $BTC, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Subdued, USD Up, Crude Oil Up, Stocks Firm Notes: A Reuters poll showed a growing number of economists expect the Fed policymakers to cut interest rates this year, although the majority still see it holding steady. In Asia Gold: Gold prices subdued Monday after retreating from […]

“Iran did it, it cannot cover its tracks”

“Iran did it, it cannot cover its tracks”

$OIL, $USO The United Arab Emirates’ Top diplomat says evidence his country possesses indicates that recent attacks against Crude Oil tankers inside UAE waters were “state-sponsored.” Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan did not name the state, but said his country wants to work with other nations to prevent a further escalation of […]

United States Oil (USO) slammed by worries about the slowing global economy

United States Oil (USO) slammed by worries about the slowing global economy

United States Oil (USO) slammed by worries about the slowing global economy Oil prices have been crushed by worries about weaker demand and a slowing global economy, but the market could begin to price in greater geopolitical risks if there are more attacks like the one on two oil tankers in the Gulf of Oman […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Flat, Crude Oil Up, Stocks Off Notes: China will release May industrial production along with retail sales and investment numbers at 0700 GMT, analysts expect any improvement from April’s downbeat readings will be mostly marginal. Economists polled by Reuters expect industrial production in China […]

Energy Stocks Fuel Stock Market Rally, as Oil Tankers are Attacked, US Blames Iran

Energy Stocks Fuel Stock Market Rally, as Oil Tankers are Attacked, US Blames Iran

$DIA, $SPY, $SOX, $QQQ, $RUTX, $USO, $OIL, $VXX FLASH: Crude Oil prices rose after 2 Crude Oil tankers were attacked off the coast of Iran, the US blamed Iran for the attack fueling energy stocks to lead the advance. Crude Oil tankers came under attack Thursday near the strategic Strait of Hormuz, with 1 of […]

United States Oil (USO) stocks up a second straight week; trade tensions persist

United States Oil (USO) stocks up a second straight week; trade tensions persist

United States Oil (USO) stocks up a second straight week; trade tensions persist Oil prices on Wednesday logged the lowest finish since January as U.S. crude supplies climbed a second week in a row and concerns about energy demand persisted on the back of growing U.S.-China trade tensions. “The dominant trend remains bearish as U.S. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Off, Crude Oil Up, Stocks Off Notes: Crude Oil surges after report of tanker incident in Gulf of Oman near Iran In Asia Gold: Gold prices advanced Thursday as demand for the safe-haven metal rose on expectations of an interest rate cut by the Fed […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Steady, Crude Oil Falls, Stocks Off Notes: US Crude Oil inventories rose by 4.9-M bbl in the week ended 7 June to 482.8-M bbl, according to data from the American Petroleum Institute (API) Tuesday. That compared with analyst expectations for a decrease of 481,000 […]

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision

United States Oil (USO) investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision Oil futures finished lower on Monday as investors focused on worries about slowing global growth and uncertainty surrounded Russia’s decision on whether to extend production curbs beyond their expiration this month. Prices fell closer to the session’s lows […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Up, Crude Oil Up, Stocks Up Notes: President Trump will meet Chinese President Xi on the sideline of G-20 leaders’ meeting late this month to seek compromise on trade and other economic issues. In Asia Gold: Gold held steady Tuesday after posting its biggest 1-day percentage […]

United States Oil (USO) Saudi Arabia signals OPEC deal extension

United States Oil (USO) Saudi Arabia signals OPEC deal extension

United States Oil (USO) Saudi Arabia signals OPEC deal extension Oil prices rose on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut beyond June. Brent crude futures rose 2.7% to $63.33 a barrel. U.S. West Texas Intermediate (WTI) crude […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $XAU, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Flat, Crude Oil Up, Stocks Up Notes: Investors are still hoping that President Trump will meet Chinese President Xi on the sideline of G-20 leaders’ meeting late this month to seek compromise on trade and other economic issues. Ahead of the Summit, G-20 […]

United States Oil (USO) imports increased while exports decreased during the week ending May 31

United States Oil (USO) imports increased while exports decreased during the week ending May 31

United States Oil (USO) imports increased while exports decreased during the week ending May 31 U.S. crude oil imports increased while exports decreased during the week ending May 31, the U.S. Energy Information Administration (EIA) said Wednesday. U.S. crude oil imports averaged 7.9 million barrels per day (b/d) last week, up by 1.065 million b/d […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Eased, USD Flat, Crude Oil Steady, Stocks Flat Notes: Crude Oil in still Bear Market territory. Bank of America Merrill Lynch said this week “global oil demand growth is running at the weakest rate since 2012” at below 1-M BPD, and that this was “leading the selloff” […]

United States Oil (USO) prices entering a bear market

United States Oil (USO) prices entering a bear market

United States Oil (USO) prices entering a bear market Oil futures dropped Wednesday, with U.S. prices entering a bear market, as domestic data revealed a weekly crude supply climb of almost 7 million barrels—the largest in five weeks—to their highest level in nearly two years. “Crude inventories are now at their highest since July 2017, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Flat, Crude Oil Off, Stocks Flat Notes: Crude Oil in Bear Market territory. Bank of America Merrill Lynch said this week “global oil demand growth is running at the weakest rate since 2012” at below 1-M BPD, and that this was “leading the selloff” in […]

United States Oil (USO) gains after approaching bear-market territory

United States Oil (USO) gains after approaching bear-market territory

United States Oil (USO) gains after approaching bear-market territory Oil futures recovered from early losses Wednesday to end higher in the wake of a four-session losing streak that had threatened to push U.S. prices into bear-market territory. “Oil got hammered the past couple trading days and traders saw an opportunity for cheap prices, combined with […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Flat, Crude Oil Off, Stocks Bounced Notes: USD struggled near 7 week lows Wednesday after Fed officials hinted at the possibility of an interest rate cut in the face of rising risks to trade and global growth. JPMorgan expects the Fed to cut rates 2X […]

United States Oil (USO) Saudi comments indicating OPEC would extend supply cuts supported prices

United States Oil (USO) Saudi comments indicating OPEC would extend supply cuts supported prices

United States Oil (USO) Saudi comments indicating OPEC would extend supply cuts supported prices Oil futures ended the session lower after back-and-forth trading on Monday, as Saudi comments indicating OPEC would extend supply cuts supported prices, while concerns that U.S. tariffs on China and Mexico would hurt demand weakened crude market sentiment. Saudi Arabia signaled […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Steady, Crude Oil Off, Stocks Fell Notes: JPMorgan expects the Fed to cut rates 2X this year, a major change from its previous forecast that rates will stay on hold until the end of Y 2020. The benchmark 10-yr Treasury yield fell to its lowest […]

United States Oil (USO) racked up their biggest monthly losses in six months amid stalling demand

United States Oil (USO) racked up their biggest monthly losses in six months amid stalling demand

United States Oil (USO) racked up their biggest monthly losses in six months amid stalling demand Oil prices fell more than 1% on Monday, extending losses of over 3% from Friday, when crude markets racked up their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Steady, Crude Oil Off, Stocks Mixed Notes: Fighting to stave off punitive tariffs announced by President, a senior Mexican delegation was set to begin high level talks Monday in Washington, where it will be pushed to do more to hold back Central American migrants. […]

United States Oil (USO) prices to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories

United States Oil (USO) prices to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories

United States Oil (USO) prices to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories Oil prices fell almost 4% to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories and fears of a global economic slowdown due to the U.S.-China trade war. The Energy […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Up, USD Steady, Crude Oil Down, Stocks Down Notes: Global stocks will continue their drive North, but an escalation of the US-China trade dispute poses the biggest risk, Reuters polls of over 200 equity strategists, analysts and fund managers from around the world found. President Trump […]

United States Oil (USO) an industry report showed a decline in U.S. crude inventories that exceeded analyst expectations

United States Oil (USO) an industry report showed a decline in U.S. crude inventories that exceeded analyst expectations

United States Oil (USO) an industry report showed a decline in U.S. crude inventories that exceeded analyst expectations Oil prices rose on Thursday after an industry report showed a decline in U.S.crude inventories that exceeded analyst expectations. U.S. West Texas Intermediate (WTI) crude futures were up 26 cents, or 0.4%, at $59.07 a barrel by 0258 GMT. […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $BTC, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Steady, Crude Oil Up, Stocks Mixed Notes: Global stocks will continue their drive North, but an escalation of the US-China trade dispute poses the biggest risk, Reuters polls of over 200 equity strategists, analysts and fund managers from around the world found. […]

United States Oil (USO) prices logged the worst weekly performance of the year

United States Oil (USO) prices logged the worst weekly performance of the year

United States Oil (USO) prices logged the worst weekly performance of the year U.S. oil futures ended higher Tuesday, but global crude prices finished flat, after prices for both benchmarks logged their worst weekly performance of the year, as traders continued to weigh risks to supplies, as well as demand. “Crude oil prices have been […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $BTC, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Flat, Crude Oil Off, Stocks Down Notes: US markets turned hot and fast late Tuesday with high volume trade across the board after coming off the holiday weekend. Asia, focus remains on the ongoing US-China trade dispute. President Trump said Monday that […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $BTC, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY Markets were subdued Monday with the financial markets in the UK and the United States being closed for Holidays. FLASH: Gold Off, USD Up, Crude Oil Mixed, Stocks Up Notes: Trade concerns also remain high on investors’ list of concerns. President Trump said Monday that Washington […]

United States Oil (USO) ongoing supply cuts led by producer club OPEC kept markets relatively tight

United States Oil (USO) ongoing supply cuts led by producer club OPEC kept markets relatively tight

United States Oil (USO) ongoing supply cuts led by producer club OPEC kept markets relatively tight Oil prices rose on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but Brent remained below $70 per barrel on concerns over an ongoing trade war between the United States and China. Front-month […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY The US Financial Markets are Closed Monday in Observance of Memorial Day USA FLASH: Gold Up, USD Off, Crude Oil Mixed, Stocks Flat Notes: President Trump pressed Japanese Prime Minister Shinzo Abe Monday to even out a trade imbalance with the United States and expressed confidence, despite […]

United States Oil (USO) prices plunge as the market prepares for a prolonged U.S.-China trade war

United States Oil (USO)  prices plunge as the market prepares for a prolonged U.S.-China trade war

United States Oil (USO) prices plunge as the market prepares for a prolonged U.S.-China trade war Oil prices tumbled nearly 6% on Thursday, extending steep losses in the previous sessions, as the market braced for a prolonged U.S.-China trade war and digested disappointing manufacturing data. Some analysts also pointed to signs that Middle East tensions […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Mixed In Asia Gold: Gold prices held steady Friday after rising above $1,280 in Thursday’s session. Spot gold was steady at $1,283.56 oz by 0415 GMT, US gold futures for June were down 0.2% at 1,283.10. Gold has found a […]