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European natural gas prices edge higher amid worries over tighter LNG supplies
European natural gas prices edge higher amid worries over tighter LNG supplies Source link
Oil: WTI and Brent test key psychological levels – Scotiabank
Scotiabank’s Global FX Strategy team highlights that global benchmark Oil prices are lower, with WTI nearing the psychologically important $90/bbl level and Brent slipping toward the mid-$90s after briefly trading above $100/bbl. They link weaker Oil to a broader risk-on tone, as equities rally and bond yields decline across major markets.Benchmarks slide toward critical thresholds"The US/Iran negotiation details have been…
WTI Price Forecast: Approaches over two-month high above $107
West Texas Intermediate (WTI), futures on NYMEX, is up 0.7% higher to near $102.75 during the European trading session on Tuesday. The Oil price trades higher as the global energy crisis remains intact due to the prolonged closure of the Strait of Hormuz, a critical passage to almost 20% of global energy supply.Financial market participants remain uncertain over the Hormuz…
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EUR/USD Weakens Sharply After Key Support Finally Gives Way
Key Highlights EUR/USD started a sharp decline below the 1.1700 zone. It…
USD/CAD: Choppy range then softer bias – TD Securities
TD Securities analysts expect a broadly neutral near-term impact on the Canadian…
Gold Falls on US Inflation Concerns as Week Ends in Losses
Gold continued its decline on Friday, falling to 4,619 USD per ounce.…
Australian Dollar: Rebound meets resistance against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann report that AUD/USD rebounded…
Euro: ECB hikes priced as Dollar softens – DBS
DBS strategist Philip Wee notes markets have strong expectations that the European…
Explainer-Iran’s strongest card in nuclear talks: its highly enriched uranium
Explainer-Iran’s strongest card in nuclear talks: its highly enriched uranium Source link
BoE: MPC holds vigilant stance – Rabobank
Rabobank’s Senior Macro Strategist Stefan Koopman expects the Bank of England’s (BoE)…
The USD is little changed to start the day. The USDJPY remains volatile but in a range
The video above takes a detailed look of the 3 major currency…
South Korean Won: Hawkish BoK risk as authorities flag weakness – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects the Bank of Korea (BoK) to hold its policy rate at 2.50%, but warns of a hawkish surprise aimed at curbing Korean Won…
