By Elliott Wave International Natural gas rallied 40% in the last two months. Is the cleaner alternative to crude oil braced for another big move to the upside? EWI’s Senior Analyst Jeffrey…
Tag: Commodity Markets
The Great Grain Bonanza
By Andy Hecht, Editor, Trader Hunter & Commodity Trend Alert Dear Sovereign Investor, I attended a banquet in Beijing in 1989, not long after the Tiananmen Square massacre. It was a strange…
Commodity Prices Generally Lower Ahead of Non-farm Payrolls
World markets generally head lower ahead of release of US non-farm payrolls. WTI crude oil slides for a 3rd consecutive day as investors worry that poor employment data may signal delay in…
This Commodity is Poised to Outshine Gold
Gold has been grabbing all the headlines lately as the price for the precious metal has hit record highs. In the weeks and months to come, however, you’re going to be hearing…
Investors Take Profits After Relentless Rallies in Commodities
Crude oil price continues hovering at year-high level in European morning as the market awaits the inventory report. Apart from this report, there’s not much industry-specific data that investors can rely on…
Sentiment Returns and Commodities Surge
Crude oil price rallied to a 7-week high at 73.84 Monday as driven by strong equity market and weak USD. While market sentiment once again pushed oil closer to the key resistance…
Commodities Edge Higher on a Quiet Day
Crude oil rises to 72.15 in Asia Monday. However, trading volume is thin as Japan, US and Canada markets are closed on holidays today. Last Friday, Dow Jones Industrial Average climbed +4%…
Weekly Fundamental Outlook for Energies and Metals – Industry Experts Raised Demand Outlook on Oil
After the RBA’s rate hike at the October meeting, biggest topic in the market has been ‘who’s the next central bank in the developed world to tighten monetary policy?’. While analysts have…
Commodities Strengthen as USD Slides
Crude oil price hovers around 70 in European morning as weakness in USD boosts demand for commodities. Stock markets continue to advance after RBA’s rate hike Tuesday as this signaled economic recovery….
RBA’s Tightening Boosts Sentiment. Investors Seek Risks Again
Commodities rally in European morning as RBA’s surprising rate hike suggested global economic recovery is on the way. WTI crude oil price surges to 71.15 while gold price rallies to as high…