Price of oil

In APAC, Japan outperformed the region. Stocks were boosted by yen weakness.

2023-10-02T08:15:37+0100

US stocks indicated slightly higher after softer-than-expected inflation. NIKE gave back some gains post-results. Carnival earnings on deck. UAW strike may continue unless a deal is reached. Watch oil ahead of an OPEC+ meeting.

2023-09-29T15:15:29+0100

The latest concerns around oil are being underpinned by the levels of crude stockpiles at the Cushing storage hub in Oklahoma. Cushing is strategically located to pull in barrels from top US shale fields and Canada.

2023-09-27T09:17:33+0100

The BoJ minutes are likely to underline Japan’s focus on maintaining support for the economy. German consumer data points to further weakness amid high inflation. Watch out for earnings from Saga, Pendragon and Micron Technology.

2023-09-26T16:37:35+0100

The US economy swings back into focus with the release of consumer confidence and home sales data. As oil prices creep north, watch out for API crude oil investors. Plus, Costco and ASOS kick off a big week for retail.

2023-09-25T14:58:53+0100

The focus turns to consumer health with inflation and consumer confidence figures from both sides of the Atlantic. Plus, IGTV’s @AngelineOng catches up with @tastyliveshow @Tony_BATtista to find out where the volatility’s headed.

2023-09-22T15:51:58+0100

WTI is seeing a minor retracement in a strong uptrend which can be used to enter a long oil trade with an upside target between $97 and $99 and a stop-loss at $85.70.

2023-09-20T13:56:54+0100

Ahead of the Fed and BoE, the RBA delivers the minutes from its last meeting. Canada releases inflation figures. Plus, we get a snapshot of the health of the consumer with numbers from Kingfisher, Ocado, TUI and ASOS.

2023-09-18T14:35:10+0100