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video Crude oil attempted to break out of a consolidation bottom on Wednesday with a new 20-day high of 81.00, a whole number. Resistance was quickly encountered off that high leading to a weak close yesterday, and a bearish continuation today, Thursday. Tuesday triggered an upside breakout above the 200-Day MA and downtrend line. Each was a sign of ...
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Over a year, the Consumer Price Index (CPI) should rise by 2.2% in May 2024, as in April, according to the provisional estimate made at the end of the month. This stagnation in inflation should be explained by a slight slowdown over a year in prices of services and tobacco, offset by a sharp acceleration in energy prices due to a base effect. Indeed, ...