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WTI at the end of the month
Can the rally continue in August as well?Economic recovery slowing down, can it cool the Oil market? This is an essential question for Oil traders. On the other hand, the Delta variant of Coronavirus also is another serious threatens in the market.&n...
Exxon Mobil Q2 2021 Earnings Preview
It's energy time!Exxon Mobil Corporation (NYSE: XOM) is due to report earnings on July 30, before the market opens. This report includes the fiscal quarter ending Jun 2021. There are several forecasts for its earnings. "According to Zacks Invest...
GDP decrease, Weekly jobless Claims increase!
Economic growth slowed, Markets growth higherAnother increase in the weekly Jobless claims happened to have the claims missing the estimates seven weeks out of the past eight weeks. On the other hand, US GDP in the second quarter grows just 6.5%, way...
Why Africa is becoming the fastest growing continent for forex traders
OverviewThis year, much like last year, has been extremely challenging for many economies around the world, especially for those on the African continent. It was a driving force behind the emergence of new forex traders in Africa who have taken to th...
Inventory fall to stabilize the Oil Market
Summer demand pays-offLast night's and today's API and EIA reports confirmed another fall in US weekly Oil inventories. Before going forward, let's check the detail of this report. According to Energy Information Administration's report, Crude O...
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