Unconfirm Explosion in Middle East Stimulates Commodities Prices
The market was roiled by unconfirmed reports of explosions in Iran, Iraq, and Syria, adding to the already tense atmosphere following Iran's recent attack on Israel over the weekend. Anticipation of potential retaliation from Israel contributed to heightened nervousness in the markets throughout the week. Gold prices surged above the $2400 mark, while oil prices saw a gain of over 4% in the Asia opening session on Friday
The dollar index hit a new two-year high, gold and crude oil rebounded weakly
The dollar index hit a new two-year high, gold and crude oil rebounded weakly
Canadian Dollar Reversal Pressure Up Despite Crude Oil Price Drop
The Canadian Dollar faces reversal pressures again after CPI data despite a drop in crude oil prices. Ahead, the Australian and New Zealand Dollars may rally with Asia stocks.
Canadian Dollar Price at Risk as Crude Oil Sinks Amidst Trade Wars
The USD/CAD eyes resistance breakout as uncertainties over global growth amidst trade wars undermine crude oil prices. Sentiment warns of a bearish NZD/USD bias ahead of the RBNZ.
Oil Price Chart: Crude Crushed Down to Support – WTI Trade Levels
Oil prices have sold off for the past five days with crude now approaching the first major support zone. Here are the levels that matter on the WTI technical charts.
Yen May Sink as US-China Restart Trade Talks, Can Crude Oil Rise？
The Japanese Yen may weaken as markets digest US-China restarting trade talks after the G20 Summit. Will this offset crude oil price declines as EU cooled Iran supply disruption fears？
USD/SGD May Rise on Fed as Crude Oil Weakness Stems USD/PHP Rise
The US Dollar may rise versus the Singapore Dollar on the Fed as a cooldown in crude oil prices supports the Philippine Peso. China Manufacturing PMI may surprise higher, boosting MYR.
USD/PHP Eyes Reversal as Crude Oil Revives 2018 Peso Selloff Fears
The Philippine Peso fell as crude oil prices rose on Iran supply disruption fears. USD/PHP broke key resistance. Higher petroleum prices may reignite 2018 Peso selloff if CPI climbs.
NZD/CAD Near Breakout, Sentiment Warns of Crude Oil Price Reversal
The Canadian Dollar outperformed as the US sought to end sanction waivers for Iran oil imports. NZD/CAD left at critical turning point as sentiment warns oil price reversal ahead.
Oil Price Forecast: Crude Could Crumble if Growth Concerns Catch Fire Again
The price of crude oil is up a whopping 38 percent year-to-date as fading fears over slowing global growth and OPEC supply cuts boosted the commodity higher. Although, recent gains could be jeopardized if sentiment sours again.
Oil Q2 Forecast: How Will Crude Oil Prices Budge Between Weak Growth, Undersupply？
Can the downward pressure on crude oil prices from weakening global demand be offset by the stimulative measures from OPEC+ cuts, and from US-imposed sanctions on Iran and Venezuela？
Yen Weakens as Crude Oil Prices Rise. NZD May Fall on Dovish RBNZ
The anti-risk Japanese Yen fell as sentiment mostly improved and crude oil price gains fueled energy sector stocks. Ahead, NZD/USD may fall if the RBNZ talks up rate cut prospects.
ASEAN FX Eye Stock Losses, USD Gains. Crude Oil Fall May Boost PHP
Stocks look more vulnerable, opening the door to US Dollar gains versus ASEAN currencies. Sentiment-linked crude oil prices may fall with weak demand, benefiting the
Gold Prices Eye US, China Trade Talks After Fed-Inspired Surge
Gold prices soared following a seemingly dovish Federal Reserve policy announcement. The spotlight now turns to US-China trade talks in Washington, DC.
Asian Stocks Mostly Higher on Trade Talks, Fed Rate Call Also Eyed
Asia Pacific stocks got a boost from hopes for progress in the US-China trade deadlock when a delegation from Beijing goes to Washington this week
