Crude Oil (CL) News, Page 1

  • Crude Oil
    22:26:37(GMT)|Real-Time Data, Currency in
    • Open
    • Day's Range
      56.540 - 57.810
    • Class
  • trump and fed

    Trump & Fed Will Deliver One-Two Punch

    Inflation data will come via the Consumer Price Index, and the Federal Reserve is expected to raise its interest rate later today.U.S Risk Events Dominate Trading Landscape, Trump Speaking TodayU.S data and risk events will dominate the trading landscape. The Federal Reserve gets top billing with it interest rate announcement

  • board

    Stronger than Expected Eurozone Industrial Production Fails to Buoy European Equities

    European stock markets are mostly down, after a largely positive session in Asia. Japan underperformed as the yen strengthened amid a wider dip in the dollar, amid fresh concerns about Trump’s legislative agenda following the Democrats’ victory in Alabama and this also weighed on European markets, leaving the DAX down

  • Gold

    Gold Prices Crash Lower

    The gold prices continue to crash lower over the last 24 hours as the prices slid towards the 1230 mark after the support in the 1248 region had been broken on the day before. We had pointed to the break of support in our forecast yesterday and on cue, the

  • trump

    Trump Suffers a Setback, Oil Gains and GBP Stumbles

    President Trump suffered a major setback as the once strictly Republican state of Alabama has, for the first time in 25 years, elected a Democrat to the US Senate. Democrat Doug Jones staged a stunning come-from-behind win against GOP Roy Moore in, what many believe, will trigger a political earthquake

  • U.S. Dollar Index

    U.S. Dollar Boosted by Solid Producer Price Data

    The U.S. Dollar rose to its highest level since November 14 against a basket of currencies on Tuesday as investors reacted to stronger than expected economic data and a widely expected Fed rate hike on Wednesday.Investors were also preparing for the results of the election between controversial Republican candidate Roy

  • central banks

    Lackluster Markets Await Central Banks

    With the markets “pricing-in” a hike of 0.25%, we are likely to see a degree of USD volatility as positions are squared and new positions opened. The focus will be on the outlook for next year and beyond, with the markets debating the impact of coming policy normalization on global

  • gold

    Gold Prices Lose Support

    Gold prices continued to move lower and it looks as though the 1248 support region has not been able to hold the prices as we had expected it to. With the lack of fundamentals and economic data around the globe yesterday, it was a slow drip lower for the gold

  • U.S. Dollar Index

    U.S. Dollar Down Slightly on Lackluster Trade Ahead of Fed Decision

    The U.S. Dollar traded both sides of the previous close against a basket of currencies on Monday before settling lower. The trade could best be described as lackluster with low volume and low volatility highlighted. Most of the major players were on the sidelines awaiting Wednesday’s U.S. Federal Reserve interest

  • Light Board

    Early Gains for Global Equities, Bitcoin Futures Surge 15% in First Day of Trading

    Washington politics will stay in focus as politicians try to agree to a tax reform package. The Federal Reserve is expected to increase their interest rate on Wednesday. Tomorrow Consumer Price Index data will come from Britain. Asian markets have gained today via stocks.Wall Street Expected to Open with Gains,

  • gold

    Gold Prices Hug on to Support

    The gold prices continued to trade under pressure but the prices seem to be hugging on to the support region of 1248 so far and this has been the case on Friday and today as well. It remains to be seen how long it would be able to hold on

  • central banks

    The Week Ahead – Central Bank Meetings Dominate the Week

    Wednesday, December 13th at 19:00 GMT will see the US Federal Reserve released its quarterly economic projections and the Federal Open Market Committee (FOMC) release its statement. The markets have been focusing on the FOMC December meeting and the forecast hike in interest rates by 0.25%. The Fedwatch tool is projecting

  • currencies-of-all-countries

    Taxes, Brexit and NAFTA to drive the USD, GBP and the Loonie

    Earlier in the Day:Key stats out through the Asian session were on the lighter side this morning, limited to November electronic card sales out of New Zealand and Japan’s 4th quarter BSI Large Manufacturing Conditions index numbers.There was finally some good news for the Kiwi Dollar, with electronic sales rising

  • U.S. Interest Rates

    Strong U.S. Payrolls Support Rate Hike, but Sluggish Wages Remain a Concern

    The U.S. Dollar rose against a basket of major currencies on Friday after government data showed the economy created more jobs than expected in November. While the rally was mostly driven by the headline number, gains were limited by average hourly earnings data that analysts said were disappointing.March U.S. Dollar

  • Gold Friday

    Gold Prices Continue to Crash Lower

    Gold prices continue to move lower during the course of the last 24 hours and this is in contrast with the risk sentiment during this period which has basically improved. This is also in contrast with the way the bitcoin prices have been zooming ahead during the same period and

  • U.S. Dollar

    Increased Risk Appetite Ahead of Jobs Report Boosts U.S. Dollar

    The U.S. Dollar rose to its highest level against a basket of major currencies since November 21 on Thursday on increased risk appetite and optimism the U.S. Senate will successfully push through a tax reform program.March U.S. Dollar Index futures settled at 93.414, up 0.177 or +0.19%.Daily March U.S. Dollar

  • global stocks

    Traders Anticipating Tomorrow’s U.S Data, Global Stocks Rise

    Global Equities have continued to trade in a cautious manner. The Nikkei Index has stabilized after yesterday’s steep losses with some slight gains today. Gross Domestic Product numbers will come from Europe. Tomorrow Average Hourly Earning data will come from the States.Investors Nervous at these Heights, Uninspiring Day of TradingWall

  • Currencies Rate (1)

    No Surprises from BoC & ADP But GBP Comes Under Pressure

    In an unsurprising move, the Bank of Canada decided to hold its benchmark lending rate at 1%, after two small hikes earlier in 2017. The BoC stated on Wednesday that it has decided to keep its target for the overnight rate right where it is, while rate hikes in July and in

  • Gold Thursday

    Gold Prices Crash Through $1260

    Gold prices continue to weaken over the last 24 hours as the huge demand for bitcoins and other assets that are likely to bring in a lot more returns, has removed the sheen from gold. For long, gold was considered as a safe haven which would be used by people

  • U.S. Dollar Index

    Dollar Supported by Tax Reform Progress, Gains Limited by Concerns Over Government Shutdown

    The U.S. Dollar moved higher against a basket of major currencies on Wednesday, led by optimism over progress by the House and Senate on overhauling the U.S. tax system, lawmakers’ efforts to avert a U.S. government shutdown this week-end and solid private-sector jobs data.March U.S. Dollar Index futures settled at

  • Stocks Ticker

    Global Stocks Drop on Renewed Geopolitical Concerns, Bitcoin above $12,500

    The ADP Non-Farm Employment Change numbers will be published in the States today. Wall Street continues to exhibit nervous conditions. The Pound has lost value in early trading this morning as U.K politics remains fragile. Bitcoin rally continues.Federal Reserve Shadowing Broad Markets, Wall Street Remains NervousJobs numbers will come from


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