Oil inventories headed toward multi-decade lows, US EIA warns

Oil inventories headed toward multi-decade lows, US EIA warns Source link

USD rebounds: What’s changed technically in the major pairs?

The USD has reversed course from the declines earlier today. Stocks which…

Canada’s Trade Surplus Widened in April

Canada’s trade balance moved into a $2.7 billion surplus in April, widening…

18 consecutive months and running: China’s central bank extends Gold-buying spree

China’s central bank, one of the major Gold purchasers worldwide, continued to…

US: Small Business Optimism Eases in May as Price Pressures Trek Higher

The NFIB’s Small Business Optimism Index fell 0.6 points to 95.3 in…

British Pound: Flow-driven gains eye resistance – Scotiabank

Scotiabank’s Analyst Team notes Sterling is a moderate outperformer versus core majors,…

Crude oil is moving to new lows and tilting the technical bias more to the downside

Markets appear to be disconnecting from some of the traditional risk drivers…

Indonesian Rupiah: Stability relies on tighter BI policy – UOB

UOB’s Enrico Tanuwidjaja and Vincentius Ming Shen note that Indonesia’s FX reserves…

Sunset Market Commentary – ActionForex

Markets Markets today experienced some kind of an ‘interim session’ with few…

Gold: Has It Bottomed Out at $4,300?

Gold is trying to find a bottom, bracing for the US CPI…