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Brent Crude Oil Loses 3%
Investors hope for peace, but the lack of change in the Strait of Hormuz limits earlier, larger drops in oil…
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Trade of the day: USD/PLN
Facts: USDPLN has halted its decline and is currently at the 38.2% Fibonacci retracement level (around 3.6325). The price remains…
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Nvidia and 150 Billion Reasons Why Taiwan Is Becoming the Center of the AI World
Nvidia’s latest investment in Taiwan could become one of the most important geopolitical and technological developments of this decade. Jensen…
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Oil extends losses and tests local lows. Piper Sandler bets on a rebound
Brent crude ( OIL ) is down nearly 3% today, trading around $93 per barrel and extending a clearly bearish…
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Gold drops to one-week low, seems vulnerable below $4,500 on hawkish central banks
Gold remains on the back foot as the USD continues to benefit from persistent geopolitical uncertainties. Inflation fears lift hawkish…
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NZD the strongest currency after a hawkish surprise from the RBNZ
RBNZ: hawkish hold The RBNZ delivered a decision that the market interpreted as a classic “hawkish hold.” The Official Cash…
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Cocoa surges 8% amid El Nino risk – Is short squeeze possible?
ICE cocoa futures ( COCOA ) are rebounding sharply as the market begins to reprice weather-related risks tied to El…
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BP shares take a beating after it loses its chairman
BP is the worst performer on the FTSE 100 this afternoon, after news broke earlier that chairman Albert Manifold was…
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Commodity Wrap – Gold, Oil, Natgas, Coffee
Key takeaways Gold: Prices remain under pressure from persistent inflation and high US yields, but continuous purchases by central banks…
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Chart of the Day: OIL.WTI
Following Monday’s improvement in market sentiment, which brought a substantial decline in energy commodity prices, we are observing a partial…
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