Tag: Prices

It turns out that US oil demand didn’t crater in July amid high prices

Back in July there was considerable hand-wringing about US oil demand cratering because of high prices. That went against decades of data showing the elasticity of oil demand.In any case, the EIA is...

Dutch inflation leaps to 17%, boosted by high energy prices : stocks

Hi folks,About a year ago I wrote this piece called The Coming Crisis which got a big response (both positive and negative) here in r/stocks. I was encouraged by user /u/cristhm to...

Gold Prices Anxiously Await the Fed’s Preferred Inflation Gauge, Will XAU/USD Fall?

Gold, XAU/USD, Federal Reserve, Technical Analysis - Briefing:Gold prices flat before the Fed’s preferred inflation gaugeA stronger beat could reimpose hawkish 2023 Fed estimatesThis may hurt XAU/USD as it eyes the 20-day SMA...

AUD/USD Eyes Chinese PMI Data as Prices Approach Recently Surrendered Channel

Australian Dollar, AUD/USD, China PMI, Market Sentiment, Technical Forecast – Talking PointsRisk-off Wall Street move threatens to drag Asia-Pacific markets on FridayChinese PMI data may help revive APAC sentiment if the data beats...

Biden calls on oil companies to reduce their prices

(Bloomberg) — While U.S. gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden, who on Monday repeated demands for oil companies to charge...

Crude Oil Spot Prices Deflate Amid Overblown US Dollar

We’re living through interesting times in the global markets.A...

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