Oil Traders Bet On Ceasefire - The Energy Report
The oil market is edging higher as traders have recorded the first ever short position in West Texas Intermediate, with the overall net long position down 4,000 in Brent crude to around 207,000.
Dollar Consolidates as Market Awaits Fresh Incentives
The U.S. dollar is mostly consolidating today in quiet turnover. Among the G10 currencies, the dollar-bloc, which underperformed before the weekend, are firmer today, while the other G10 currencies are softer.
Gold Technical Analysis: What’s Next For Precious Metal?
After a weaker start, gold prices started to push higher during Asian hours and completely wiped out losses from Friday.
India Proposes 3-Year Steel Import Tariff To Counter China
The proposed tariff aims to curb the influx of these imports into the Indian market.
Time To Prepare Before This Hits
The financial system is preparing to enter an inflationary induced melt-down.