Blackwell Global

Key Points: Crude oil inventories decline by 2.89 million barrels. Brent and WTI prices increased 36, and 50 cents, respectively. Higher prices likely to bring about additional U.S. shale oil...

Key Points: Forbes’s article claims New Zealand Facing a Recession in the coming year Labour Government pitched as the prime driver of a recessionary cycle Reality suggests it will take a global...

Key Points: Price action forming a wedge pattern. RSI Oscillator continuing to rise within neutral territory. Watch for a move towards the supply zone within the coming week. The New Zealand dollar...

Key Points: OPEC quietly admits that its Shale Oil Strategy has failed. ULCC static off Oman since 2015 offloads oil. Imagery suggests Saudi Arabia could be fudging their inventory storage...

Key Points: NZ Inflationary pressures rising in the short term. Wage inflation likely to rise as immigration set to be reduced. NZD continues to depreciate impacting import prices. The past week has...

Key Points: Brent tops $60.00 a barrel. Saudi Oil Minister suggests production cuts to be extended. Shale oil production likely to be stood up in the coming weeks. The past few weeks have seen crude...

Key Points: BOJ reaches 75% ownership of the ETF market Eventual unwinding poses significant risk levels Watch for long term damage to ETF markets on TOPIX There is no doubt that the past seven years...

Key Points: Price action rallies as geopolitical risk in North Korea increases RSI Oscillator strongly overbought Watch for a period of moderation before the rally recommences The past few weeks have...

Key Points: Crude oil supply glut worsens as tankers stuck offshore awaiting refinery openings. Meteorological data suggests storm could target Louisiana refinery area. Monitor the pending EIA Crude...

Key Points: Price action creeps towards the key 1.20 level. RSI Oscillator nearing overbought levels. Watch for a period of moderation before a break of 1.20 leads to rapid appreciation. The Euro has...

Key Points: Cable retains a bearish directional bias Price action remains trapped below 50 and 100 Day EMA’s Pair likely to remain under pressure in the week ahead The cable continued to move...

Key Points: Price action takes a sideways direction RSI Oscillator trending lower within neutral territory Pair likely to remain flat in the week ahead but watch for any upside breakouts The euro...

Key Points: Wedge pattern/channel constricting price actions movements RSI Oscillator demonstrating some divergence as it continues to trend lower Watch for a breakdown back towards the 0.9000 handle...

Key Points: Euro rallies following weak U.S. CPI result The EU GDP release is likely to be the key fundamental event for the coming week Euro dollar outlook remains neutral in the week ahead The euro...

Key Points: Price action manages to stage a small rise despite plenty of selling pressure. RSI Oscillator continues to trend lower away from over bought territory. A further correction lower likely in...

Key Points: U.S. RedBook signals slipping Retail Sales data. RSI Oscillator remains on an upward trajectory in neutral territory. The U.S. Core CPI result is likely to determine the near term...