The S&P 500 index may continue to slide lower in the short term, despite Congress passing a much-needed fiscal aid package, as Covid-19 fears gnaw at market sentiment. Read More
Crude oil prices receded from 10-month highs as a new coronavirus strain found in the UK threatened further lockdown measures. Backwardation spreads narrowed as demand from Asian refiners fell. Read More
Natural gas prices moved higher this week on a bullish below-average temperature outlook from the NWS. Recently broken chart esistance may offer support to the downside in the weeks ahead Read More
The Australian Dollar is showing short term signs of exhaustion with AUD/USD failing to react to positive AU retail sales. Meanwhile, risk-off flows from the New York session may likely spill over … Read More
Dow Jones pared deep intraday losses and closed marginally higher as banking stocks cheered a Fed move to resume stock buybacks. The ASX 200 and Hang Seng look set to open in cautious mode amid low… Read More
US Dollar strength evaporated throughout Monday’s trading session as USD price action erased gains across the board with Congress set to vote on a stimulus deal and an improvement in Brexit rhetoric. Read More