Release of strategic oil reserves have added 2.5 million bpd to the market However, they are not endless There is a perception gap between the physical oil market and futures Commercial oil inventories are depleting rapidly, only a few weeks left This continues his warning from last month, in saying that Europe could run out of jet fuel in…
Deutsche Bank strategists note that the S&P 500 has extended its run to seven consecutive weekly gains, the longest since 2023, even as rising bond yields and Oil prices triggered the worst daily decline since March. Futures point lower alongside European indices, with upcoming Nvidia earnings seen as key test for equity sentiment in the days ahead. S&P 500:…
2026.05.18 2026.05.18 Short-Term Analysis for Oil, Gold, and EURUSD for 18.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Last week, the euro’s short-term trend turned…
Canada’s CPI report could decide whether the Loonie shrugs off higher energy prices or starts pricing in broader inflation trouble.
EUROPEAN SESSION In the European session, as it’s usually the case for Mondays, we don’t have anything on the agenda. Markets will likely stay rangebound or extend the risk-off moves that started on Friday. The focus remains on the US-Iran stalemate as we enter the 12th week since the Strait of Hormuz got closed. Both parties remain adamant on…
Bank of England (BoE) Deputy Governor Sarah Breeden warned that political uncertainty is hitting the business environment and cautioned that the UK central bank should not be “trigger happy” when adjusting interest rates, the Financial Times reported on Monday. Key quotes Political uncertainty is hitting the business environment. BoE should avoid being ‘trigger happy’ on rates. Market reaction At…
Looks like AUD/CAD is pulling back after making fresh 2026 highs! How low can the pair go before the bulls step back in?
China’s April retail sales rose just 0.2%, the weakest since 2022, while industrial output grew only 4.1%, badly missing forecasts, as the Iran war and sluggish domestic demand weighed. Summary: China’s National Bureau of Statistics reported April industrial output growth of 4.1% year-on-year, down from 5.7% in March and well below the 5.9% forecast, while retail sales rose just…
China House Price Index : -3.5% (April) vs previous -3.4%
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. Injects 1bn yuan via 7-day reverse repos in open market operates today. Unchanged rate of 1.4%. This article was written by Eamonn Sheridan at investinglive.com.
