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Why gold traders should be looking at USOIL
XAU traders have been weathering some volatility over the last few months, with dips to lows of $2,340 (USD), rebounding to new all-time highs just weeks later. Well-timed orders in the right direction surely made a few XAU traders very happy this year, but if you’re not already holding open a gold order below the 2000s, you might be limited to day trading current volatility. In contrast, USOIL has consistently been a trader’s dream, despite political and economic volatility rocking every market. With short-term and long-term reversals, both investors and day traders have plenty of options. But is oil trading ... (full story)
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From @financialjuice|May 16, 2024post: FED'S BARKIN: I DO BELIEVE INFLATION IS COMING DOWN, BUT IT WILL TAKE MORE TIME. post: FED'S BARKIN: THE QUESTION NOW IS FOR HOW LONG RATES NEED TO BE HELD WHERE THEY ARE TO GET THE REQUIRED IMPACT ON INFLATION. post: FED'S BARKIN: THE INFLATION STORY IS MUCH LONGER TERM THAN WHAT HAPPENS IN THE MARKET.
From @financialjuice|May 16, 2024|1 commentpost: FED'S BARKIN: BUSINESSES ARE STILL WILLING TO RAISE PRICES. post: FED'S BARKIN: SERVICES IN PARTICULAR STILL FEEL THEY CAN RAISE PRICES. post: FED'S BARKIN: RETAIL SALES DATA SHOW CONSUMER SPENDING IS GOOD, BUT NOT GREAT. post:
FED'S BARKIN: CPI IS STILL NOT WHERE THE FED IS TRYING TO GET. post: FED'S BARKIN: THE EDGE HAS TO COME OFF OF DEMAND MORE TO HIT 2% INFLATION.
From eia.gov|May 16, 2024The electric power grid managed by the Electric Reliability Council of Texas (ERCOT) recorded an all-time high for winter natural gas-fired electricity generation for an hour in ...
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From fxempire.com|May 16, 2024|1 commentOn May 16, 2024, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage increased by 70 Bcf from the previous week, compared to ...
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From cnbc.com|May 16, 2024A two-state solution to the Israel-Palestinian conflict is “elusive” right now, according to former CIA director David Petraeus, adding that it is also the “single biggest ...
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- Posted: May 16, 2024 10:26am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 311
