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Oil and Endless Records!
Analysis

Oil and Endless Records!

EIA and API, Supporting the markets!According to the Energy Information Administration's (EIA) published numbers, the Crude Oil Inventories fell by 7.355M barrels last week, almost 2M barrels more than a week before that, and 4M barrels more than exp...

Author:
Ahura Chalki
Published on: 16.06.2021 19:40 (UTC)
4150
Market Update, 16 June
Analysis

Market Update, 16 June

FED and eased Fears!Yesterday U.S. data was mixed, and now investors are looking carefully at the FOMC meeting and its announcement. Retail Sales Ex-Food & Energy came out at -1.3% and 0.7%, respectively, and both less than estimates. On a yearly...

Author:
Ahura Chalki
Published on: 16.06.2021 13:43 (UTC)
3051
Sterling in one-month lows, can go deeper?
Analysis

Sterling in one-month lows, can go deeper?

US mixed data and complicated situationWith stronger USD and delay in UK reopenings and Brexit woes, Cable dropped to its one-month lows. Later, and with US mixed data, the greenback could not hold its position and lost the ground against other curre...

Author:
Ahura Chalki
Published on: 15.06.2021 18:36 (UTC)
3791
FED meeting Preview
Analysis

FED meeting Preview

Can Stocks keep the rally?Banker's week started, and now eyes turn on the FED two-day meeting starting today and the BOJ meeting on Friday. FOMC members must try their best to assure the Market that officials still believe that the inflation spike is...

Author:
Ahura Chalki
Published on: 15.06.2021 13:34 (UTC)
3116
How far will the decline continue?
Analysis

How far will the decline continue?

SP500 ahead of FEDAfter it touched the historical higher, SP500 is easing ahead of the FOMC meeting. Market participants are waiting for the Federal Reserve meeting to learn about their monetary policy and economic recovery outlook. On the first day...

Author:
Ahura Chalki
Published on: 14.06.2021 18:00 (UTC)
3579

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