- Search Energy EXCH
-
EventsTrader replied Aug 21, 2019Natural Gas Storage - Aug 22nd Preview Natural Gas Storage The graph below is a good reflection of how seasonal this data is. During the US summer months storage builds. As the weather gets colder, closer to the winter, demand starts to increase and ...
High Impact Events Trading... Energy Edition
- EventsTrader replied Aug 21, 2019
When the dust settled, so far it looks like the markets have digested these FOMC minutes as favorable to the US dollar. While the Sept rate probabilities will stay around where they are, I think now it's about the October meeting. There was a pretty ...
High Impact Events Trading... Gold & Copper
- EventsTrader replied Aug 21, 2019
This is the volume for the CME CL front-month on an hourly chart and 15M chart, respectively.
image image Sweet, sweet Oil
- EventsTrader replied Aug 20, 2019
The fact that gold prices held up today while rate expectation shifted (per the CME FedWatch tool) says that US rate expectation are taking a backseat to other fundamental price drivers. I'm still looking for long entries on dips. As long as the CME ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- EventsTrader replied Aug 20, 2019
If the impact was any indication, then the risk might be very skewed to increases in inventory. That would mean a drop in WTI prices. Recently, any knee-jerk reaction higher has been met with some selling pressure after the EIA data release. Check ...
WTI Crude Oil Trading
- EventsTrader replied Aug 20, 2019
Although it seems to be drifting higher, we could remain in a relatively tight range until tomorrow's EIA Inventory data.
Sweet, sweet Oil
- EventsTrader commented Aug 20, 2019
This article makes me a strong case for shifting into a higher allocation of gold for safety, if you believe a recession is coming. I'm not sure the Fed will deal with a downturn as well as it did under Bernanke. According to Fed's Rosengren: "Next ...
How central banks might deal with the next downturn
- EventsTrader replied Aug 20, 2019
FOMC Meeting Minutes - August Preview FOMC Meeting Minutes Notes: see Vorenzd's analysis here: url Recent impact on Gold and the USD (showing charts of GC, USD/JPY, and EUR/USD) July image May image April image Trading opportunities As ...
High Impact Events Trading... Gold & Copper
- EventsTrader replied Aug 20, 2019
I agree. Today the probabilities shifted from 95% for a 25 basis point cut in September to 98.1%. The surprise was earlier in the day there was a 5% chance of a 50 basis point rate cut. Now, the market is pricing in a 1.9% chance rates remain ...
High Impact Events Trading... Gold & Copper
- EventsTrader commented Aug 20, 2019
Fed's Daly, who isn't a voting member but supported last month's rate cut, today said that the cut was intended to extend current expansion. She doesn't believe the US is heading into a recession either.
Wharton's Jeremy Siegel: Prepare for a Slowdown, Not a Recession
- EventsTrader commented Aug 20, 2019
I knew shale capped and lowered oil prices, but didn't know it accounted for 1/10th of the overall increase in US GDP. Great read here.
GDP Gain Realized in Shale Boom's First 10 Years
- EventsTrader replied Aug 20, 2019
EIA inventory data - Aug 21st Crude Oil Inventories Distillate Inventories Gasoline Inventories Market Expectations: API data, released earlier today, showed crude and gasoline inventories lower, while distillates came in higher than expected. The ...
High Impact Events Trading... Energy Edition
-
High Impact Events Trading... Energy Edition
Started Aug 20, 2019|Interactive Trading|63 replies
In this thread, the focus is on high impact calendar events related to energy. Participation ...
- EventsTrader replied Aug 20, 2019
It seems like the liquidity this week will be light leading up to Jackson Hole's big day on Friday when Powell will speak. But the inventory data always has high impact. I'd expect significant moves on the data tomorrow.
Sweet, sweet Oil
- EventsTrader replied Aug 20, 2019
A whole lot of nothing! url It's usually a market mover.
WTI Crude Oil Trading
- EventsTrader commented Aug 20, 2019
If the Dept of Justice is going after traders spoofing the market, they're going to need to be charging a lot more than ONE guy!
Precious Metals Trader Pleads Guilty to Conspiracy and Spoofing Charges
- EventsTrader replied Aug 20, 2019
Even though Jackson Hole is a 3-day event, the past few have seen the highest impact from Day 2, Friday. This upcoming Friday, Powell is scheduled to speak in the morning and we'll likely see comments coming out of Jackson Hole throughout the day. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread