The S&P 500 is taking a breather after a phenomenal bullish recovery. The market is easing down while nearing the 2700 figure where support could emerge and th
Blogs
Saudi Arabia, Kuwait and UAE are not taking part in OPEC conference call – Reuters
Saudi Arabia, Kuwait and the United Arab Emirates are not taking part in Tuesday's OPEC conference call, Reuters reported, citing two sources familiar
IEA's Birol: OPEC+ supply cut insufficient to rebalance market immediately
"We continue to see extraordinary turmoil in oil markets in this "Black April" for the industry," International Energy Agency's (IEA) chief Fatih Biro
WH adviser Hassett: Decline in GDP in Q2 could end up being biggest ever posted
The economic situation in the US is "grave" and the decline in the GDP in the second quarter could be the biggest-ever posted, White House Council of
Brent Crude Oil: Expected to stabilise around the psychological 20.00 mark – Commerzbank
Brent oil is expected to stabilise around the psychological 20.00 mark despite the current sell-off to 18.10, per Commerzbank. Key quotes “We believe
US Existing Home Sales: A bitter taste of what is to come – BMO
As of the April 10th week, purchase applications were down 35% from year-ago and pre-shock levels, which gives a taste of what's to come for sales act
EUR/USD Price Analysis: Euro sidelined below the 1.0900 figure vs. US dollar
Euro/Dollar is trading below its main SMAs on the daily chart as the quote navigates familiar ranges on the second day of the trading week.
US Pres. Trump: Instructed Secretaries of Energy and Treasury to help US oil and gas companies
US President Donald Trump on Tuesday announced that he has instructed the Secretary of Energy and the Secretary of Treasury to come up with a plan to
USD/CHF Price Analysis: Retreats sharply from over 1-week high, back below 0.9700 mark
The USD/CHF pair quickly retreated around 45 pips from the 0.9725-30 region, or over one-week tops and has now dropped to the lower end of its daily t
NYMEX Light Crude Oil: Free-fall – Commerzbank
NYMEX Light Crude Oil is in free-fall but is expected to at least find short-term support in the 11.42/9.75 area, in the opinion of Axel Rudolph from