Crude Oil Stalls Ahead of OPEC Meeting

2020-08-14

  Source: IG Charts IG Charts Crude Oil Fundamentals Highlights. Crude oil blocked on the upside O PEC meetings U.S.-China compliance review to set early tone   of clients are net long. The client is a net short. Change exquisite short (finance) OI daily 13% -12% 1% weekly -4% 5%Read More →

Oil rises on inventory drop as traders await OPEC meeting

2019-12-04

Oil futures rose Wednesday, buoyed after industry data showed a large drop in U.S. crude oil inventories and as traders await a meeting of OPEC producers and their allies amid growing expectations for an agreement to extend and deepen output cuts. West Texas Intermediate crude for January delivery CLF20, +4.05%Read More →

Gold holds above $1,500 ahead of this week’s Fed meeting

2019-10-28

Gold futures edged lower Monday but held above the psychologically important level of $1,500 an ounce as traders await this week’s Federal Reserve policy meeting. Gold for December delivery GCZ19, -0.33%  on Comex fell $4.30, or 0.3%, to $1,501 an ounce, while December silver SIZ19, -0.06%  edged 1.9 cents higher,Read More →

Asian markets little changed ahead of ECB meeting

2019-10-23

Asian markets were mixed in early trading Thursday following gains on Wall Street and ahead of the European Central Bank’s meeting. U.S. stocks inched higher Wednesday despite largely disappointing earnings reports, with some experts saying confidence in the Federal Reserve — and in a potential interest-rate cut next week —Read More →

Asian markets gain ahead of ECB meeting

2019-09-10

Asian markets mostly gained in early trading Wednesday, ahead of expected further monetary easing by the European Central Bank. The ECB is expected to take rates even deeper into negative territory at its Thursday meeting. Policy makers have indicated the ECB could introduce a tiered system of deposits, which wouldRead More →

Five things to watch from this week’s crucial Fed meeting

2019-07-29

Bloomberg News/Landov Fed Chairman Jerome Powell at his news conference following the Federal Open Market Committee (FOMC) meeting last month. Economists are broadly expecting the Federal Reserve to lower its benchmark interest rate this week by a quarter-point, the first cut in 10 years. With an easing seemingly a faitRead More →

Asian Stocks Mixed Ahead of Fed Meeting By Investing.com

2019-06-17

© Reuters. Investing.com – Asian stocks were mixed in morning trade on Tuesday ahead of this week’s key Federal Reserve decision. China’s fell 0.2%, while the inched up 0.1%. While not a major directional driver, data showed today that China’s new home prices rose 0.7% month-on-month in May, picking upRead More →