Oil Tumbles After Headlines Suggest Saudis Consider Quitting OPEC Joint Monitoring Committee Tyler Durden Mon, 11/30/2020 - 11:32 Update (1130ET): While there was a lot of...
Futures, Global Stocks Dip On Last Day Of Record Month For Markets Tyler Durden Mon, 11/30/2020 - 07:55 US equity futures and world shares paused on...
Will a vaccine cure the 20-year "Widow-Maker" trade? In 1999, a media personality stated that "investing like Warren Buffett was like driving dad's old Pontiac." Of course,...
GOLD Despite the new week starting with stock markets in red, gold has so far been unable to rebound. The... The post Daily market commentary: Risk...
Energy giant ExxonMobil has called off the sale of its oil and gas assets in the Bass Strait in Australia, according to the Australian Financial Review....
Global Inflation Watch - The Case For Gold As Future Money Tyler Durden Sun, 11/29/2020 - 20:30 Authored by Alasdair Macleod via Goldmoney.com, This article posits...
National Income and Product Accounts numbers that is. I was prepping for macro lecture on Monday, which covers open economy macro. One topic I planned to...
The dollar's losses were extended last week, but among the majors, only the New Zealand dollar and the Swedish krona made new highs for the year. Last...
Oil steadies as OPEC+ prepares to get discussions underway Oil prices are sitting a little off their highs on Friday following another impressive week that saw...
Futures Rise On Black Friday As "MAssive" Month-End Pension Selling Fails To Appear Tyler Durden Fri, 11/27/2020 - 08:14 According to Goldman and JPMorgan, markets were...
Frontline shares plunged 8.6% on Wednesday as the oil tanker company lagged analysts’ earnings expectations for the third quarter and suspended its dividend plan. The company...
Saudi Aramco's Landmark IPO Is Costing The Kingdom Billions Tyler Durden Fri, 11/27/2020 - 03:30 Authored by Simon Watkins via OilPrice.com, The initial public offering (IPO)...
ExxonMobil plans to axe up to 300 jobs in Canada by the end of 2021 as the oil major continues to grapple with the impact of...
With the US closed for Thanksgiving and little to get excited about on the news front, the Asian session has had a muted start. Markets have...
Futures Flat, Global Stocks Mixed In Thin Thanksgiving Trade Tyler Durden Thu, 11/26/2020 - 08:12 Global stocks held near record highs on Thursday, with US equity...
Commenting on the Nasdaq breaching its all-time high today’s trading Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more Nasdaq Breaches...
Wall Street mixed ahead of Thanksgiving The New York session was a mixed one as markets digested the pre-Thanksgiving holiday data dump, and investors lightened bullish...
Zimbabwe Loses $1.5 Billion Annually To Gold Smuggling Tyler Durden Wed, 11/25/2020 - 18:30 A report published Tuesday by the International Crisis Group calculates that cash-strapped...
The oil market has caught a mild case of the raging disease. Not COVID, rather the purported cure for it. Vaccine-phoria has visited the energy sector...
Oil’s upswing continues Oil prices held onto gains despite a wrath of US data that suggests the fourth quarter in the US could see a return...
WTI Dips After Worrisome Surge In Gasoline Stocks, Demand At 5-Month Lows Tyler Durden Wed, 11/25/2020 - 10:37 WTI extended gains overnight, after dipping on a...
Exxon Sees A Decade Of Pain: Cuts Oil Price Forecast As Much As 17% For Next Seven Years Tyler Durden Wed, 11/25/2020 - 10:20 Despite having...
Oil creating OPEC+ buffer Oil prices are back at levels not seen since earlier in the pandemic, when the market was contending not just with brutal...
Think beyond facts to make your argument.
Dow Drops Below 30,000, Global Rally Fizzles Ahead Of Data Deluge Tyler Durden Wed, 11/25/2020 - 07:57 U.S. equity indexes futures dropped alongside shares in Europe...
OIL There are two main drivers behind the oil price rally of the last few weeks. The first and main... The post Daily market commentary: The...
Equity markets in bullish mood ahead of Thanksgiving The move from defensive to growth positioning accelerated overnight, stock markets and oil jumped, the dollar fell, and...
Escobar: Flying Dragon, Crashing Eagle Tyler Durden Wed, 11/25/2020 - 00:05 Authored by Pepe Escobar via The Asia Times, Four geoeconomic summits compressed in one week...
The world’s largest asset manager is impressed with the market’s recent gains, and it has made that sentiment clear by upgrading US stocks. In its recent...
Oil rally continues The rally in crude prices is accelerating as energy traders look beyond the pandemic, Asia leads the global economic recovery, and as the...