Tag: commodity trading
Stunning Surge: Oil Trading News You Can’t Miss!
Due to market expectations of additional summer fuel consumption, oil prices rose by 2% to the highest in a week on Monday. Amid the US dollar advancing and higher interest rates, analysts from investment bank JPMorgan Holdings anticipate the US Federal Reserve to keep benchmark interest rates elevated to curb pandemic-induced inflation. Oil Trading News:…
Power Surge: Oil Trading News Sparks Global Market Optimism
Global oil prices rose sharply on Tuesday, with expectations that the OPEC+ alliance will keep its existing crude supply cuts in place when the groupings meet on 2 June, buoying prices, reports Forbes. Oil Trading News: A Market Overview The dollar’s weakness also saw oil being seen by investors holding other currencies as attractive. The…
Top Commodities to Trade Now: Discover Surprising Market Shifts Impacting Oil, Gold, and More!
Top commodities to trade – Oil prices were steady on Monday as the market waited for more clues on where US interest rates may be headed, after several Fed officials weighed in with more cautious comments, even as inflation appears to be cooling down. Top commodities to trade: Oil trading opportunities Brent futures were down…
Oil trading trends: Shell earns billions in crude trading
Oil trading was lower on Monday as hopes that Israel and Hamas would reach a ceasefire in Cairo helped to ease tensions over a potential wider conflict in the Middle East. Oil trading trends: Crude/WTI prices dip Benchmark Brent crude futures for June dipped by 70 cents, (0.8%) to trade at $88.80 a barrel around…
Commodity trends: Gold slides, oil drops, copper rises!
Gold prices slid 2% on Monday, as a broad commodities rebound kicked in with less focus on prospects for a Middle East conflict escalation, reducing demand for the metal as a safe-haven. Commodity trends: Gold trading opportunity Spot gold fell to $2,354.61 per ounce by 1148 GMT, tracking other markets where risk appetite has been…
Oil trading trends: volatility could spike the price to $100?
Buyers of Brent crude options this week bet on prices reaching $100 a barrel next year, swamping the market by a historic measure, as demand for oil surged in a fragile economy and turmoil in the Middle East. Oil trading trends: Highest trading calls Options for December 2022, the most active contract, reached $87.6 million…
Commodity Trading Market: Oil dips, gold soars to record highs
Commodity trading proved highly lucrative for gold traders as the precious metal continued to increase in value. Oil, on the other hand, has been middling in performance and dropped in the second week of April 2024. In this article, we take a look at commodity trading trends and provide unique insights. Commodity Trading Update: Oil…
Latest Commodity Trends: Gold Rises, Oil Falls
Latest Commodity Trends – Oil and Gold sees major movements. Commodity traders have been busy capitilisation on market movements in oil and gold trading. Discover the booming success and bright futures of commodities with our latest insights on surging market trends. Latest Commodity Trends: Gold Gains Oil prices slipped for the second day in a…
Oil Trading Strategies: Market Drops From Highs
Oil trading has provided as many unique opportunities as it has challenges for traders. From geopolitical events to constant shifts in supply and demand, as well as ever-changing technologies, today’s oil prices are as unpredictable as ever before. In this article, we examine the oil price, and market trends and provide valuable insights. From best-kept…
Commodity Gains: Gold, Oil & Profitable Market Moves!
Commodity markets are a fantastic way to diversify your portfolio. March 2024 is proving to be extremely volatile for commodity traders. In this article, Finxo Cap takes a look at the gold, oil, and grain markets. Commodity markets: Gold prices dip Gold prices dipped again on March 12, with the price of the metal falling…
