Fundamental Analysis

Gold Prices Take a Dive Ahead of Key Inflation Report

Gold prices tumbled on Thursday as investors evaluated recent US economic data and awaited a crucial inflation report. They also closely watched Washington to see if US lawmakers could prevent a government shutdown. Gold also struggled due to soaring Treasury yields, which hovered near their highest levels in 16 years. This rise followed the Federal Read More…

Convenience Yield and Backwardation
Strategies Trading Tips

The Beginner’s Guide to Trading Price Action

Price action trading is one of retail trader’s and investors’ most popular trading techniques. It involves analyzing an asset’s price movements on a chart to identify trade opportunities, without relying on technical indicators. Mastering price action can take time, but the basic principles are straightforward enough for beginners to understand. This guide will cover the Read More…

Crude oil (CL) futures
Fundamental Analysis

Oil Prices Spike 3% as US Crude Reserves Plummet

Oil prices jumped 3% on Wednesday to the highest closing price in 2023 after a steep drop in US crude inventories increased fears of tight global supplies. According to government data, US crude inventories dropped by 2.2 million barrels to 416.3 million last week. The figure beat the 320,000-barrel drop forecast by analysts in a Read More…

Fundamental Analysis

Equities Slide as 10-Year Treasury Yields Remain Elevated

On Tuesday, US equities declined by more than 1% as 10-year Treasury yields maintained their multi-year highs. Investors grappled with the possibility of prolonged high interest rates and the resulting economic consequences.  US Treasury Yields (Source: Bloomberg) Amid rising Treasury yields, the Dow experienced its most significant one-day percentage drop since March, and all three Read More…

crude oil futures (CL)
Technical Analysis

Oil Bulls Sing As Profits Roll In: Technical Analysis

Bulls In Control Crude Oil continues to surge as small dips are eaten up quickly by powerful buying pressure. The question here is if there is any bearish case, really. It appears that there is none, which is important to note moving forward as CL targets the psychological $100 level. In our last technical analysis, Read More…

Future Trading Strategies
Fundamental Analysis

Equities Climb with Amazon and Energy Sector

US equities gained ground on Monday as shares and the energy sector saw increases. Treasury yields continued to rise. Investors await economic data and Federal Reserve policymakers’ statements for clarity on interest rates later in the week. US long-end Treasury Yields (Source: Bloomberg) Investors are contending with benchmark Treasury yields reaching 16-year highs. This Read More…

world stocks recovery
Fundamental Analysis

Currency Futures Decline on US Economic Strength

Currency futures fell against the dollar on Friday amid signs of the United States’ superior economic position compared to other major economies.  US business activity (Source: S&P Global) S&P Global reported a slight decrease in its flash US Composite PMI index for September, dropping from August’s final reading of 50.2 to 50.1. Still, September’s result Read More…