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...
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, 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...
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...
(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...