Crude Oil (CL) News, Page 1

  • Crude Oil
    21:43:03(GMT)|Real-Time Data, Currency in
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      62.320 - 63.710
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  • gold dollar

    Copper, Gold Post Weekly Losses as Dollar Firms on Upbeat Interest Rate Outlook

    Copper prices eased last week as the U.S. Dollar strengthened, leading to lower demand for dollar-denominated commodities. Despite the small weekly drop, the market remained underpinned by a bright outlook for demand due to expectations for healthy economic growth.May Comex High Grade Copper futures settled at $3.2330, down $0.0355 or

  • wall street23

    Investors Turn Cautious and Wall Street Awaits, US Futures Higher despite Hawkish Fed

    The U.S Dollar has been stronger. GDP data from the U.K missed its estimate. Weekly jobs numbers will come from the States today.Global Equities Struggle after Fed Report, Wall Street Reverses LowerGlobal equities have sold off this morning. The Nikkei Index declined by more than a percent, and the Hang

  • ecb1

    ECB’s Economic Outlook in the Spotlight Today

    The Bank of England conducted its Inflation Report Hearings and said underlying inflation is under control.U.S Fed Express Hawkish Sentiment, European Central Bank Report TodayThe Federal Reserve released its Meeting Minutes late on Wednesday and it expressed the belief that growth in the U.S will be stronger than previously forecast.

  • Gold Thursday

    Gold Prices Flounder on Hawkish Fed

    The gold prices have dipped lower during the last 24 hours on the back of sustained strength in the dollar which has continued to grow since the beginning of the week. We have been seeing the increasing anticipation in the markets over the FOMC meeting minutes which were finally released

  • Ethereum

    Warnings about Venezuela and the Petro, Ethereum Prices Fall

    Ethereum has slightly declined in value the past day upon touching resistance.Venezuela Pre-Launching the Petro and Critics AboundVenezuela is set to pre-launch its new cryptocurrency called the ‘Petro’, and critics have made it clear investors should stay away from the ICO like the plague. The South American government has been

  • Gold

    Gold Prices Fall Towards Support

    The gold prices have continued to move lower towards their support region as the dollar strength has begun to assume alarming proportions as far as the investors in gold are concerned. We have been saying for long that the bull run in the gold prices are on shaky ground as

  • Copper Wire

    Stronger U.S. Dollar, Low Holiday Volume Weigh on Copper Demand

    Comex copper futures traded lower on Tuesday in reaction to a stronger U.S. Dollar and below average volume due to the Lunar New Year in top metals user China. Prices in London eased for a second day while the Shanghai Futures Exchange remained closed until Thursday, February 22.May Comex High

  • U.S. Dollar Index

    Rising Treasury Yields Make Dollar Attractive Asset

    The U.S. Dollar closed higher against a basket of currencies on Tuesday, attempting pull away from three-year lows set last week as traders trimmed some of their bearish bets against the U.S. currency.March U.S. Dollar Index futures settled at 89.636, up 0.623 or +0.70%.Daily March U.S. Dollar IndexInvestors were also

  • Gold Tuesday

    Gold Prices Continue Their Fall

    Gold prices fell once again during the course of trading yesterday as the strength of the dollar continued to dominate the markets even though the market had less volatility and liquidity due to the bank holiday in the US yesterday. The prices have broken below the 1340 region as of

  • Global stocks

    Global Stocks Remain Strong, Crude Oil Prices Inch Higher

    German will issue inflation data tomorrow, and the Euro remains highly valued against the U.S Dollar but has seen some pressure since Friday.Japanese Equities Roaring Higher, Wall Street’s Exclamation PointJapanese equities have opened this morning with another roar higher. The Nikkei and Topix Indexes have shown the ability to wash

  • gold

    Gold Pushes Lower on Dollar Strength

    The gold prices fell on Friday and the fall continues to run as of today as the dollar continues to rebound all across the board. There has not been any specific reason for the rebound in the dollar just as how there was no specific reason for the fall in

  • Japan Exports Impress, While the Dollar Continues to Disappoint

    Earlier in the Day:Economic data through the Asian session this morning was limited to Japan’s January trade figures.Exports rose for the 14th month in a row by 12.2% to ¥6,086bn, which was better than a forecasted 10.3% and December 9.3% rise, whilst January’s trade balance reversed from a ¥359bn surplus

  • Copper Scrap Wire

    Copper Prices Surge to 6 Week High as Investors Respond to weaker U.S. Dollar

    Copper prices surged to their highest level since January 4 last week, supported by a weaker U.S. Dollar and robust prospects for global growth. A stable stock market and aggressive position-squaring ahead of the Lunar New Year holiday also helped drive prices higher.May Comex High Grade Copper futures settled the

  • U.S. Dollar Index

    Dollar Set to Post Biggest Weekly Loss in Two Years

    The U.S. Dollar settled near a three-year low against a basket of currencies on Thursday despite a sharp rise in U.S. Treasury yields. The March U.S. Dollar Index futures contract is now in a position to close more than 2 percent lower, its biggest weekly loss in two years.Daily March

  • Gold Thursday

    Gold Prices Shoot Higher

    The gold prices broke through higher on the back of some serious dollar weakness and it now trades near the top of its range as of this writing and it seems as though the dollar is now at a crucial stage which is likely to determine its medium term trend.

  • US Stocks

    US Consumer Price Index Beats Expectations, US Stocks Fall

    Forex has been choppy as global investors respond to the better than expected Consumer Price Index data from the U.S shortly, the results will impact the broad markets.Global Investors Anticipating U.S Data, Fed Interest Rate Outlook in FocusThe Consumer Price Index data, released shortly from the States is a heavy

  • Gold

    Gold Prices Reach Crucial Level

    The gold prices continued to move higher over the last 24 hours on the back of some dollar weakness but it now seems to be in a price region which is going to be crucial to determine its direction for the short term and the medium term as well. It

  • Comex Gold

    Gold, Copper Prices Boosted by Weaker Dollar Ahead of Wednesday’s CPI Report

    Commodities and commodity-linked currencies put in mixed performances on Tuesday as investors tried to figure out how to play strengthening U.S. Treasury yields and stock market volatility. A weaker U.S. Dollar also played a role in yesterday’s price action as well as position-squaring ahead of Wednesday’s U.S. consumer inflation report.Daily

  • Gold Tuesday

    Gold Prices Begin to Rise Higher

    Gold prices continued their recovery over the last 24 hours as they have since broken through the 1325 region and look higher. This was largely due to the weakness in the dollar that was seen across the board. But this move lower in the dollar should be taken with a

  • european shares

    All Eyes on Wall Street as Week Begins, European Shares Higher

     Japan is on holiday. Forex has seen the U.S Dollar trade slightly weaker early. Gold has gained. The U.S Federal Budget Balance will be published today.Global Equities Sensitive as Wall Street Looms, Positive Momentum WantedGlobal stock markets will be the key barometer for investors this week. Equities on the Shanghai


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