Energies
Monthly Archives: June 2022
16 June 2022 – Gold Loses Havens Battle
Written on June 16, 2022 at 8:28 am, by Designer
market news summary Fed hiked 75 bp and recession is on the horizon; BOE is expected to hike 50 pb today; Gold loses havens battle; Crude oil remains bearish; China demand expectations support crude prices. U.S. Dollar Index (USDX) The Fed’s decision drove longer-dated U.S. government bond yields lower and nudged the dollar 0.15% offContinue Reading
Bitcoin Sank To The Lowest in About 18 Months
Written on June 15, 2022 at 1:23 pm, by Designer
The story started when the TerraUSD collapse started on May 7, falling from $1 to $0.007 today. However, the big question is where cryptocurrencies are going? To answer this vague question, it is necessary to read the crypto leader, the Bitcoin. Next are the major fundamental and technical reading with detailed readings and expectations. TheContinue Reading
15 June 2022 – FOMC Statement Is Due Today
Written on June 15, 2022 at 6:48 am, by Designer
market news summary 99.7% of investors expect a 75 bp hike; Gold hovers around a month low; Crude oil declined but remains bullish; Crude demand is expected to spike. U.S. Dollar Index (USDX) The dollar held near its overnight 20-year peak on Wednesday ahead of the outcome of the Federal Reserve policy meeting at whichContinue Reading
14 June 2022 – U.S. Dollar hits a Fresh 20-Year Peak
Written on June 14, 2022 at 8:53 am, by Designer
Market news summary Investors embrace for 75 bp Fed hike; BOE is expected to hike 50 bp; Eurozone inflation rise; Gold at four weeks low; Crude oil continued to rise. U.S. Dollar Index (USDX) The U.S. dollar carried a fresh 20-year peak on Tuesday as investors braced for aggressive Federal Reserve rate hikes and aContinue Reading
13 June 2022 – U.S. CPI Hits Fresh 40 Year High
Written on June 13, 2022 at 8:42 am, by Designer
market news summary U.S. CPI hits fresh 40 year high; A recession is on the horizon; Fed meeting on Wednesday; Crude oil demand is seen higher. U.S. Dollar Index (USDX) Expectations of a more hawkish Fed are pushing up the dollar against most peers. The dollar index was 0.3% up at 104.52, which is itsContinue Reading
Mr. Khalid Al-Qudah on CNBC Arabia discussing the current market state
Written on June 10, 2022 at 11:59 am, by Designer
10 June 2022 – U.S. CPI Data Is The Focus Today
Written on June 10, 2022 at 7:54 am, by Designer
market news summary U.S. Dollar Index (USDX) Market participants will focus on the US inflation data today as the next test for markets. The figures will provide clues about how efficient the Federal Reserve policy is and how aggressive it should be. Experts expect the data to show annual consumer-price gains of more than 8.4%.Continue Reading
ECB Disappoints The Markets
Written on June 9, 2022 at 2:14 pm, by Designer
ECB Inflation outlook While the soaring inflation is depleting consumers’ purchase power, the European Central Bank (ECB) council decided not to touch interest rates in this meeting. While the council seemed confident that the inflation will return to the targeted range of 2% in the medium term, the European figures didn’t look optimistic. In theContinue Reading
09 June 2022 – ECB Meeting Is Under The Microscope
Written on June 9, 2022 at 8:02 am, by Designer
market news summary U.S. Dollar Index (USDX) The U.S. Dollar was down this morning in Asia. The European Central Bank meeting and its policy are the focus of the market today. The U.S. Dollar Index inched down 0.09% to 102.45. Technically: The U.S. Dollar index formed a declining pattern as bears formed resistance at 102.60,Continue Reading
