Oil N' Gold - Resources for Serious Traders
Oil N' Gold Focus Reports
USD Slid as Rate Hike Hopes Diminished after Trump's Inauguration Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Sun Jan 22 17 23:02 ET
Financial markets generally steadied after Donald Trump has sworn in. US dollar slipped in response to the president's previous comment that it has been too strong. At the inauguration ceremony, Trump emphasized his America First stance. Yet, he stopped short of offering more details of his plans.
Read more...
 
Weekly Fundamentals - Trump's America First Energy Policy Shakes Oil Market Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Sun Jan 22 17 05:18 ET
An America led by Donald Trump signals a paradigm shift for the oil market. His recent criticism over Republicans' proposed border adjustment tax plan has already shaken oil trades. At an interview with Wall Street Journal, Trump described the plan, which aims to tax imports and exempt exports, as "too complicated".
Read more...
 
Dovish ECB and Positve US Data Weighed on Euro Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Fri Jan 20 17 01:53 ET
EURUSD fell to a 3-day low as ECB maintained a dovish stance. Meanwhile, positive US data helped widened US-EZ yield spreads. Stock markets were mixed. Wall Street fell as driven by financial and healthcare shares. Investors held their breath as they monitored the confirmation hearing of the nominee for Treasury Secretary Steve Mnuchin
Read more...
 
Crude Oil Prices Fell amidst Increases in US Inventory and Output Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Thu Jan 19 17 01:04 ET
Crude oil prices declined as US inventory increased across the board. Meanwhile, the market focused on rising US shale production and Russian output. The front-month WTI crude oil contract fell -2.67% while the Brent crude contract was down -2.79. Refined oil products also dropped
Read more...
 
USD Plunged amidst Trump's Warning, Sterling Jumped after May's Brexit Plan Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Wed Jan 18 17 01:32 ET
British pound rebounded strongly on PM Theresa May’s speech. At the highly-anticipated speech outlining the blueprint for the UK to leave the EU, May for first time announce that the Kingdom would leave Europe's single market so as to control EU immigration. Yet, she refrained from setting clear conditions for immigration, jurisdiction and budget issues. More importantly, May also committed to placing a final Brexit deal to a vote in both houses of the parliament.
Read more...
 
Pound Pounded by Renewed Brexit Concerns Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Tue Jan 17 17 01:33 ET
Renewed concerns over "hard" Brexit hurt British pound, sending it to a 3-month low of 1.1979 against US dollar before recovering to above 1.2 at close. The market is closely watching PM Theresa May's speech today, speculating that she would signal that the UK would depart from the European single market.
Read more...
 
Awaiting Trump's Inauguration Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Mon Jan 16 17 02:01 ET
We have a light calendar with the US market closed on Monday. For the week ahead, the focus is on the inauguration of Donald Trump as the US president. While this would mostly be a ceremonial occasion, the market would closely watch for comments and announcement from his administration, on issues regarding trades and legislation, in following days.
Read more...
 
Commodities Gained as USD Slipped on Diminished Rate Hike Hopes Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Fri Jan 13 17 00:11 ET
Wall Street weakened as investors continued to react to Trump's press conference. DJIA and S&P 500 indices recorded the biggest one-day loss since last October, before recovery. The indices dropped -0.32% and -0.21% respectively. US Treasury prices climbed higher, sending yields lower. Besides Trump's speech diminished rate hike expectations, Investors also responded to a US$12B auction of 30-year government bonds. US 2-year yields slipped -2 bps to 1.173% while the 10-year yields dropped also -2 bpd to 2.357%.
Read more...
 
USD Slid on as Trump's Speech Disappointed Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Thu Jan 12 17 01:53 ET
The market was very disappointed by Donald Trump's first post-election press conference. Lacking details on his pro-growth plan, the theme of his speech centered on the avoidance of conflict of interest between his business and the presidency. US dollar fluctuated.
Read more...
 
Oil's Recent Rally Lost Steam amidst Concerns over Inventory Gains Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Wed Jan 11 17 01:12 ET
A second consecutive day of decline signals that the recent rally in crude oil prices might have lost momentum. Besides a disappointing report showing the first US crude inventory increase in 8 weeks, the market was unimpressed by the news of Saudi Arabia's output cut.
Read more...
 
Chinese PPI Jumped as CNY Slumped and Commodity Prices Soared Print E-mail
ONG Focus | Insights | Written by Oil N' Gold | Tue Jan 10 17 00:30 ET
Released earlier today, headline CPI in China eased mildly to +2.1% y/y in December, from +2.3% a month ago. The moderation was mainly driven by food price which decelerated to +2.4% from November's +4%.
Read more...
 
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »


JPAGE_CURRENT_OF_TOTAL