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Nickel up more than 30% for November Other industrial metals in the negative for the year Nickel has broken above $30,000/tonne but could face resistance at $32,900 China’s apparent easing of...
Stocks closed lower on Monday by around 90 bps on the S&P 500. The sell-off came late, pushing the S&P 500 to approximately 3,960. Four thousand served as a robust level of resistance all-day,...
The retail sector soared after the CPI report last week. CPI came in at 7.7% versus 7.9% showing 0.20% less than expected and markets celebrated. After rebounding off support levels at the 50-day...
Natural gas looks set to face immediate resistance at $6.278, and the bears could turn aggressive above this level.The bulls showed some strength from the opening levels after finding significant...
Crude prices softened but didn’t break as energy traders await how supplies will be disrupted when the Russian crude price cap begins early next month. Today’s oil price weakness...
US CPI increased 7.7% year on year (yoy) in October, the lowest rise this year and half a percentage point lower than the 8.2% registered in September. Core prices—excluding volatile energy...
Despite what you may have read last week, the downward surprise in inflation is not a sign that inflation is about to collapse, that the Fed has won, and that rates will soon be in full-throated...
Just when the risk takers in oil, gold and stocks thought they had the Federal Reserve’s strategy down pat, the central bank’s governor Christopher Waller has thrown another curveball at...