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Oil dips below $75 per barrel on weak global economic outlook

2023-03-10 16:13:22

86028Times

On Friday, Nymex West Texas Intermediate (WTI) futures fell below $75 a barrel during the Asian session. Oil prices resumed their downward journey, as market participants' optim

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Falling Chinese inflation, upbeat signals on U.S. jobs and tax hike proposals for the U.S. wealthy all challenge oil bulls

2023-03-09 17:38:31

86242Times

Earlier Thursday, WTI crude oil rose for the first time in three sessions, hovering around an intraday high of $76.85. In the process, crude oil cheered a broad pullback in the d

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Gold is struggling to stay above $1,800.00 as markets bet on a hawkish Fed

2023-03-09 15:13:16

86443Times

In early trading hour of the European market, spot gold prices remained vulnerable above $1,810.00. Markets keep betting that the Fed will raise interest rates. Upside in go

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[Daily Outlook] The SNB unexpectedly raised rates by 50 basis points, the first since 2007

2022-06-17 16:33:15

87335Times

01The Bank of England raised rates to the highest since 2009, hinting at stronger action if necessary:The Bank of England's decision to raise interest rates after its

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Dollar and U.S. Stocks Fell Together, Providing Safe-haven Support For Gold

2022-06-17 16:18:06

86488Times

★Summary★At the beginning of the Asian market on Friday (June 17), spot gold fluctuated slightly, and is now slightly below the 1850 mark, giving back some of t

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[Daily Outlook] High inflation data could prompt the Fed to consider a 75bps rate hike this week

2022-06-14 14:31:01

87832Times

01High inflation data could prompt the Fed to consider a 75bps rate hike this week:Accelerating U.S. consumer prices and rising inflation expectations could prompt the

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[Daily Outlook] U.S. inflation accelerates to a 40-year high, putting more pressure on the Fed and the White House

2022-06-13 11:05:54

87086Times

01U.S. inflation accelerates to a 40-year high, putting more pressure on the Fed and the White House:The U.S. inflation rate hit a 40-year high in May. Driven by a gen

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Dollar Extends Gains as Japanese Officials Worry about Yen Depreciation

2022-06-13 10:17:41

87508Times

★Summary★At the beginning of the Asian market on Monday (June 13), spot gold rose slightly, reaching a high of more than one month to US$1,878.65 per ounce, as

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U.S. Stocks Plunge, Higher-than-expected CPI Increases Market Concerns

2022-06-10 11:57:26

86961Times

★Summary★Friday (June 10) early in the Asian market, spot gold narrowly oscillating around $ 1846, overnight the dollar index rose sharply to nearly three-week

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JRFX's team of analysts is always working hard to provide expert opinions and commentary on the current state of the financial markets, as well as analyze news in the brokerage industry .

Oil dips below $75 per barrel on weak global economic outlook

Falling Chinese inflation, upbeat signals on U.S. jobs and tax hike proposals for the U.S. wealthy all challenge oil bulls

Gold is struggling to stay above $1,800.00 as markets bet on a hawkish Fed

[Daily Outlook] The SNB unexpectedly raised rates by 50 basis points, the first since 2007

Dollar and U.S. Stocks Fell Together, Providing Safe-haven Support For Gold

[Daily Outlook] High inflation data could prompt the Fed to consider a 75bps rate hike this week

[Daily Outlook] U.S. inflation accelerates to a 40-year high, putting more pressure on the Fed and the White House

Dollar Extends Gains as Japanese Officials Worry about Yen Depreciation

U.S. Stocks Plunge, Higher-than-expected CPI Increases Market Concerns