Traders Blog - Analysis, Strategies, News and more | Category - Analysis
Oil ignoring weekly inventory reports.
EIA lowered its demand, and fear of recession increasedLike every Tuesday and Wednesday, we had API and EIA weekly inventory reports. According to Tuesday's American Petroleum Institute report, the levels of US crude oil inventories fell by -6.426M b...
Correction after a sharp rise or fear of recession?
Stocks across the globe are losing for the fourth straight session.After two months of growth, US Stock markets dropped for a fourth straight session on Tuesday. Oil also fell sharply and, with Brent futures at $79 a barrel, is back where it began th...
Crypto market after US employment numbers and recent Hacks!
The overall picture is still bearish.According to the Blockchain analytics firm, Chainalysis, over 3 billion US dollars had been hacked from the crypto industry across 125 attacks in the first ten months of 2022, putting this year on track to be a re...
NFP forecast - November 2022
The last signal before the Fed meetingGiven the different surprises in recent days in the economic calendar, we can not have an exact analysis of tomorrow's non-farm payroll numbers. However, based on published data so far, we can not expect an upwar...
OPEC Meeting, US inventories, and price prediction!
Economic data was disappointing, but Powell's speech increased the sentimentsOPEC meeting will start today, December first to set policy and the amount of output and supply. And then on the second day, they will make the final decision in consultatio...