Global Economic Growth Inflation and Monetary Policy Geopolitical Risks Regional Economic Outlooks
Tag: stock market
5 Gold Charts That Will Blow Your Mind
1. Gold Price Over Time This chart shows the historical trend of gold prices from 2000 to 2023. Over this period, the price of gold has seen a significant rally, with a notable rise around 2010, peaking at over $1,800 per ounce in 2011. This increase was driven by economic uncertainty and financial crises. After Read More…
NASDAQ Futures (NQ) Bearish Divergence?
Introduction The Nasdaq 100 futures are currently trading around 18,876.75. Over the past month, the index experienced a gain of approximately 5.76% since late April (Barchart.com). This performance is driven by strong corporate earnings from major tech companies like Nvidia and Microsoft, which have posted better-than-expected results. Nvidia’s surge of 9% following earnings and optimistic Read More…
Crude Oil Futures (CL) bounce, long opportunity
A quick recap on our CL analysis done earlier in the week needs to be done as CL has failed to break below the support zone. The bulls stepped back in and the chart has put in a solid bottom candle formation. If we grind down to a shorter time frame, there is a false Read More…
Are Crude Oil Futures (CL) About To Plunge?
According to the U.S. Energy Information Administration (EIA), crude oil prices are expected to average around $90 per barrel for the remainder of 2024, driven by OPEC+ production cuts and ongoing geopolitical risks. However, they anticipate a decline to an average of $85 per barrel in 2025 due to increasing global oil production (EIA Homepage) Read More…
Crude Oil Futures (CL) 2024 Market Update
Price Trends In 2024, the average price of Brent crude oil was around $82 per barrel, which is similar to the average in 2023. West Texas Intermediate (WTI) has also seen a comparable average, with current prices around $79 per barrel. Notably, prices have experienced short-term peaks and declines, with Brent crude hitting a high Read More…