$OIL

Barclays Bank PLC

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PRICE

$26.18 β–Ό-0.381%

Extented Hours

VOLUME

76,130

DAY RANGE

26.16 - 26.79

52 WEEK

14.87 - 26.79

Join Discuss about OIL with like-minded investors

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@PivotBoss #P I V O T B O S S
10 minutes ago

**PivotBoss Pre-Market Video [January 21, 2022]: Sharp Drop in Bitcoin, Ether Futures** JANUARY 21, 2022 β€” FRIDAY AM The ES and NQ are both digesting the previous day's selling pressure, but much more downside could be ahead. Crude Oil has already seen a buy-the-dip opportunity below the 8PEMA, which could send price to new highs again. There's major selling pressure across all crypto currencies this morning, including a 10% dump in Bitcoin and a 13% sell-off in Ether futures. Is Bitcoin transitioning back below 40k? If so, 30k may be next. Ether futures has hit 2750, the next major market structure level...watch this level closely.

5 Replies 3 πŸ‘ 1 πŸ”₯

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@marketjay #marketassasins
an hour ago

There will be deep analysis dropping on Q1 report, while also Oil will not move as a priority trade, but Aluminum looks to gives us opportunity within the next 3 sessions

8 Replies 12 πŸ‘ 10 πŸ”₯

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@SandroSys #decarolis
an hour ago

oil passa gli 87 ..... mi sa che maurizio la sa lunga πŸ‘

34 Replies 9 πŸ‘ 9 πŸ”₯

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@Tradingidea #decarolis
an hour ago

Trading idea: $OIL Pavimento sui 86,40. Fino a quando non li rompe bene https://www.tradingview.com/

30 Replies 10 πŸ‘ 11 πŸ”₯

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@Tradingidea #decarolis
an hour ago

oil penso che possa avere pavimento nel breve a 86,40. poi 86

38 Replies 9 πŸ‘ 10 πŸ”₯

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@Tradingidea #decarolis
an hour ago

oil grandi volumi

26 Replies 11 πŸ‘ 12 πŸ”₯

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@SandroSys #decarolis
an hour ago

quindi TP raggiunto a 85,75 giusto? > @For_Ex_Wife said: a me si è chiuso il 1 target su OIL, il bello è che sono entrato 40cent piu sotto perchè l ho messa in ritardo ma con target uguali ai vostri

29 Replies 7 πŸ‘ 12 πŸ”₯

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@SandroSys #decarolis
an hour ago

osservando le scorte oil previste il prezzo dovrebbe scendere ....

21 Replies 10 πŸ‘ 9 πŸ”₯

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@For_Ex_Wife #decarolis
an hour ago

a me si è chiuso il 1 target su OIL, il bello è che sono entrato 40cent piu sotto perchè l ho messa in ritardo ma con target uguali ai vostri

24 Replies 10 πŸ‘ 7 πŸ”₯

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@PivotBoss #P I V O T B O S S
an hour ago

**PivotBoss Pre-Market Video [January 20, 2022]: Sell the Rips?** JANUARY 20, 2022 β€” THURSDAY AM The ES and NQ are bouncing after Wednesday's sell-off. But will these rips offer bears and opportunity to sell again? Likely, yes. Look to sell morning strength for a shot at late-day weakness. Any pullback in Crude Oil could offer another solid buying opportunity. Bitcoin and Ether futures are both sitting above significant market structure support, but haven't found legs just yet.

38 Replies 8 πŸ‘ 10 πŸ”₯

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@lucullus #droscrew
an hour ago

$EWF strong last few days coming off beaten up levels, Brazil probably helped by the oil price and also commodities in general getting a bit of a boost from chinese dropping interest rates. Not sure how long that lasts, usually people drop rates for a reason and China is Train wreck in slow motion IMO

27 Replies 7 πŸ‘ 7 πŸ”₯

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@thegiz18 #ivtrades
2 hours ago

Oil inventories at 11:00 due to holiday week

33 Replies 12 πŸ‘ 8 πŸ”₯

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@Renato_Decarolis #decarolis
2 hours ago

πŸ“Š Petrolio sempre piΓΉ in alto! L'oro risponde al segnale dell'argento Guarda le strategie di TRADING con le HEIKIN-ASHI su GOLD, OIL, SILVER ed altre COMMODITY:

17 Replies 12 πŸ‘ 10 πŸ”₯

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@trademaster #TradeHouses
2 hours ago

By Andrew Galbraith SHANGHAI (Reuters) - Asian share markets broke a five-day slide, pushing higher on Thursday as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates. The rise was set to continue in Europe, where strong earnings helped to support gains a day earlier. In early deals, pan-region Euro Stoxx 50 futures were up 0.32%, German DAX futures were 0.2% higher and FTSE futures rose 0.46%. Despite the bounce, analysts at ING said geo-political risks, notably the possibility of Russia invading Ukraine, could continue to weigh on global shares, adding to existing pressure from the rising rates outlook. "Markets may soon start to take into account a greater risk of a conflict flare-up between Russia and Ukraine, which is one reason why stocks may continue to sell and why Treasury yields aren't on a one-way ticket higher." U.S. President Joe Biden predicted on Wednesday that Russia will make a move on Ukraine, saying a full-scale invasion would be "a disaster for Russia" but suggesting there could be a lower cost for a "minor incursion." Expectations that the U.S. Federal Reserve will move more quickly to hike interest rates to combat inflation hit technology shares particularly hard overnight, pushing the Nasdaq down more than 1% into correction territory. The sell-off hit bonds as well, pushing U.S. Treasury yields to two-year highs on Wednesday, and taking Germany's 10-year yield into positive territory for the first time since May 2019 as investors bet policymakers will curb years of stimulus in order to fight rising inflation exacerbated by supply chain disruption. "There comes a point when you've offloaded, you might want to stop offloading. If bonds start to rally a little bit, and you saw yields ease off yesterday in the U.S., it kind of feels like ... we might actually not get a follow-through," said Matt Simpson, senior market analyst at City Index in Sydney. In stark contrast with the global move toward tighter policy and higher rates, China on Thursday cut its mortgage reference rate for the first time in nearly two years. The move followed a surprise cut to the central bank's rate for one-year medium-term loans on Monday. Chinese monetary authorities have signalled that they will take more easing steps this year to shore up slowing growth in the world's second-largest economy. Data released on Monday showed weakness in consumption and the property sector darkening the outlook despite a strong headline growth figure. China's blue-chip CSI300 index rose more than 1% on Thursday and Hong Kong's Hang Seng was up nearly 3% in afternoon trading. Shares of Chinese property developers boosted gains in the broad index amid hopes that government measures would help ease a funding squeeze in the embattled sector, even as another developer warned of default. The rise in Chinese shares lifted MSCI's broadest index of Asian shares outside Japan 1% higher. Seoul's Kospi rose 0.68% and Australian shares gained 0.14%. In Tokyo, the Nikkei added 1.11%. The gains in Asia came after investors on Wall Street looked past robust earnings at the outlook for inflation and rate rises. The Dow Jones Industrial Average fell 0.96% and the S&P 500 lost 0.97%. The Nasdaq Composite dropped 1.15%, putting it more than 10% below its Nov. 19 record closing high to confirm a correction. In the Asian session, U.S. yields edged up, but remained below their highs in the previous session. The benchmark 10-year yield rose to 1.8540% from a U.S. close of 1.827%, and the policy-sensitive two-year yield touched 1.0555% compared with a U.S. close of 1.025%. The pause in Treasury yields' march higher kept the greenback in check, with the dollar index which measures the greenback against six major peers at edging down to 95.553 as commodity currencies benefited from high oil prices. The Aussie dollar was 0.26% higher. The U.S. dollar edged up 0.17% against the Japanese yen to 114.50 and the euro rose 0.07% to $1.1349. In commodity markets, oil prices remained elevated after touching their highest levels since 2014 on Wednesday on strong demand and short-term supply disruptions. Global benchmark Brent crude was last down 0.1% at $88.36 per barrel and U.S. crude rose 0.36% to $87.27 per barrel. [O/R] Gold paused after marking its best session in three months a day earlier. Spot gold gave up 0.08% to $1,838.40 an ounce.

19 Replies 12 πŸ‘ 7 πŸ”₯

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@PivotBoss #P I V O T B O S S
2 hours ago

**PivotBoss Pre-Market Video [January 19, 2022]: Fade After Trend Day** JANUARY 19, 2022 β€” WEDNESDAY AM The ES and NQ sold off heavily Tuesday, which sets up a Fade After Trend Day setup today. The rejection of yLO/wLO provides an intraday opportunity to return to yMID. The NQ may have an upside target between 15400 and 14450 if yLO continues to hold. Crude Oil hit our target of 86 and may see a bit of a reversal soon. But any pullback could offer another rally ahead, with targets at 87 and 96. Bitcoin and Ether futures are still trending lower, but approaching major support.

37 Replies 11 πŸ‘ 10 πŸ”₯

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@trademaster #TradeHouses
recently

By Sonali Paul and Roslan Khasawneh SINGAPORE (Reuters) -Oil prices rose for a fourth day on Wednesday as an outage on a pipeline from Iraq to Turkey increased concerns about an already tight supply outlook amid worrisome geopolitical troubles in Russia and the United Arab Emirates. Brent crude futures rose 87 cents, or 1%, to $88.38 a barrel at 0543 GMT, adding to a 1.2% jump in the previous session. The benchmark contract climbed to as much as $89.05, its highest since Oct. 13, 2014. U.S. West Texas Intermediate (WTI) crude futures climbed $1.03, or 1.2%, to $86.46 a barrel, adding to a 1.9% gain on Tuesday. WTI earlier jumped to a high of $87.08, its highest since Oct. 9, 2014. Turkey's state pipeline operator said it put out a blaze following an explosion that cut oil flow at the Kirkuk-Ceyhan pipeline, adding that it would be operational "as soon as possible". The cause of the explosion is not known. [nL1N2TZ04K] The pipeline carries crude out of Iraq, the second-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), to the Turkish port of Ceyhan for export. The loss comes as analysts are forecasting tight oil supply in 2022, driven in part by demand holding up much better than expected as the highly contagious Omicron coronavirus variant spreads, with some predicting the return of $100 oil. Concerns over Russia, the world's second-largest oil producer, and the UAE, OPEC's third-largest producer, are adding to the supply fears. The UAE late on Tuesday called for a meeting of the United Nations Security Council to condemn an attack on Abu Dhabi on Monday by Yemen's Houthi movement, which has threatened further attacks. Meanwhile, Russian troops are lined up on the border of Ukraine, with the White House calling the crisis extremely dangerous and saying Russia could invade at any point. The tensions raise the prospect of supply disruptions at a time when OPEC, Russia and their allies, together called OPEC+, are already having difficulty meeting their agreed target to add 400,000 barrels per day of supply each month. "OPEC+ is falling short of hitting their production quotas and if geopolitical tensions continue to heat up, Brent crude might not need much of a push to get to $100 a barrel," OANDA analyst Edward Moya said in a note. Jet fuel consumption is rising with growth in international flights, while road traffic is much higher than the same time last year, Commonwealth Bank commodities analyst Vivek Dhar said in a note. "OPEC+ supply constraints and the ongoing increase in global oil demand will likely keep oil prices well supported in coming months," Dhar said. OPEC officials have told Reuters that oil's rally may continue in the next few months due to recovering demand and limited capacity in OPEC+, and prices could break $100 a barrel.

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@trademaster #TradeHouses
recently

Oil highest since 2014 as Turkey outage adds to tight supply outlook

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@Renato_Decarolis #decarolis
recently

Attenzione alle ore 10.00, potrebbe esserci della volatilitΓ  sul petrolio con IEA Oil Market Report

104 Replies 9 πŸ‘ 12 πŸ”₯

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@luca_giolo #decarolis
recently

La nostra analisi su US OIL era corretta, peccato non abbia ritracciato dove volevo entrare LONG!

57 Replies 11 πŸ‘ 13 πŸ”₯

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@lucullus #droscrew
recently

$RSX is a bit of a binary trade .... no war it soars because it was much higher when oil was much cheaper .... war and you get an even better price i expect

128 Replies 13 πŸ‘ 15 πŸ”₯

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@PivotBoss #P I V O T B O S S
recently

**PivotBoss Pre-Market Video [January 18, 2022]: Key Levels to Watch** JANUARY 18, 2022 β€” TUESDAY AM The ES, NQ, BTC, and ETH continue to show bearish trends, with bearish outside reversal and ModPEMA XO sell signals developing. More selling pressure could push these markets into the next major CLVNs below, which could offer tremendous buying opportunities. Crude Oil has reached 85, and could be due for a reversal should rejection be seen at/above 86. Gold remains coiled up, but could see major expansion soon.

116 Replies 6 πŸ‘ 9 πŸ”₯

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@marketjay #marketassasins
recently

As expected market still seeing more downside, due to yields and expectation of rising rates impending. Also, on schedule oil prices continue to surge, both events only help our current holdings, while many investors will be waking to pain unfortunately we're positioned for nothing but green.

106 Replies 10 πŸ‘ 6 πŸ”₯

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@ali #T|T|T
recently

https://www.investing.com/news/commodities-news/oil-extends-rally-on-supply-tightness-brent-at-more-than-3year-high-2740132

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@trademaster #TradeHouses
recently

By Yuka Obayashi and Roslan Khasawneh SINGAPORE (Reuters) - Oil prices rose on Monday, with Brent futures touching their highest in more than three years, as investors bet supply will remain tight amid restrained output by major producers with global demand unperturbed by the Omicron coronavirus variant. Brent crude futures gained 40 cents, or 0.5%, to $86.46 a barrel by 0641 GMT. Earlier in the session, the contract touched its highest since Oct. 3, 2018 at $86.71. U.S. West Texas Intermediate crude was up 58 cents, or 0.7%, at $84.40 a barrel, after hitting $84.78, the highest since Nov. 10, 2021, earlier in the session. The gains followed a rally last week when Brent rose more than 5% and WTI climbed over 6%. Frantic oil buying, driven by supply outages and signs the Omicron variant will not be as disruptive as feared for fuel demand, has pushed some crude grades to multi-year highs, suggesting the rally in Brent futures could be sustained a while longer, traders said. "The bullish sentiment is continuing as (producer group) OPEC+ is not providing enough supply to meet strong global demand," said Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd. "If (investment) funds increase allocation weight for crude, prices could reach their highs of 2014," he said. The Organization of the Petroleum Exporting Countries, Russia and their allies, together known as OPEC+, are gradually relaxing output cuts implemented when demand collapsed in 2020. But many smaller producers cannot raise supply and others have been wary of pumping too much oil in case of renewed COVID-19 setbacks. "What comes in view next is the summer demand bump, especially in Europe and the U.S., which could be bigger than last year's, if the growing hope around the Omicron finally turning COVID from pandemic to endemic proves right," said Vandana Hari, energy analyst at Vanda (NASDAQ:VNDA) Insights. Festering geopolitical threats to supply are also supporting bullish sentiment, Hari said. U.S. officials voiced fears on Friday that Russia was preparing to attack Ukraine if diplomacy failed. Russia, which has amassed 100,000 troops on Ukraine's border, released pictures of its forces on the move. The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two U.S. officials and two industry sources told Reuters on Friday. U.S. crude oil stockpiles, meanwhile, fell more than expected to their lowest since October 2018, but gasoline inventories surged due to weak demand, the Energy Information Administration said on Wednesday. Concerns over supply constraints outweighed the news of China's possible oil release from reserves, Fujitomi analyst Tazawa said. Sources told Reuters China plans to release oil reserves around the Lunar New Year holidays between Jan. 31 and Feb. 6 as part of a plan coordinated by the United States with other major consumers to reduce global prices.

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@trademaster #TradeHouses
recently

Oil climbs on supply worries, limited Omicron impact

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@Alpha #decarolis
recently

17 gennaio 1929 - Debutta in prima assoluta Braccio di Ferro (Popeye in inglese), il personaggio dei fumetti nato dalla matita di Elzie Crisler Segar, sulla striscia a fumetti Thimble Theatre della King Features Syndicate. Inizialmente il fumetto aveva riscosso giΓ  un discreto successo a partire dall’uscita, nel 1919. Tuttavia, si ricorda soprattutto la sua ascesa, avvenuta nel momento in cui si decise di introdurre il protagonista, Popeye da cui il fumetto prese il nome dal 1929. Era il 17 gennaio di quell’anno quando Braccio di Ferro, un simpatico marinaio con la pipa in bocca e dal carattere scontroso, iniziΓ² a segnare infatti la fama del fumetto famosissimo in tutto il mondo. Le narrazioni vedono sempre Popeye che vive innumerevoli avventure in giro per il mondo e trova una forza straordinaria mangiando spinaci. Al celebre marinaio si uniscono altri protagonisti fissi: Castor Oil e sua sorella Olive Oil, la quale diverrΓ  poi l’eterna fidanzata di Braccio di Ferro. Mille peripezie, durante le quali quest’ultimo Γ¨ impegnato a salvare Olivia trovando un’incredibile forza mangiando spinaci! Narrazioni divertenti, umoristiche, che attraverso la leggerezza contribuivano ad educare le abitudini alimentari dei bambini americani. Come accennato, la striscia di Popeye, the Sailor Man non trasmetteva soltanto le divertenti avventure di un marinaio irascibile. Braccio di Ferro Γ¨ oggi, infatti, unanimamente riconosciuto come responsabile di importanti cambiamenti nella societΓ  americana. Durante la grave crisi economica che gli USA stavano vivendo, il fumetto ha contribuito all’acquisto di prodotti semplici e primari, come appunto gli spinaci. Il successo del fumetto incrementΓ² infatti la vendita degli spinaci tanto da farli diventare l’alimento piΓΉ amato dai bambini, dopo gelato e tacchino. Animati dal forzuto Popeye, tutti i lettori iniziarono ad amare questi magici ortaggi, capaci di trasformare un uomo comune in un incredibile supereroe. L’assoluto successo riscosso permise la trasposizione del fumetto sullo schermo con una serie di cortometraggi di 20 minuti presto diventati cartoni animati per la televisione.

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@Gary19 #droscrew
recently

Going mewn with oil

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@EmporosAdmin #Emporos Research
recently

3.34% on OIL Today wow

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@lucullus #droscrew
recently

folks getting nterested in oil again it seems

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@HeyShoe #droscrew
recently

oil spiking

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@Marcosx #ivtrades
recently

aways nice when economy and market dumps but oil and food up lol /CL $DBA

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@trademaster #TradeHouses
recently

By Shadia Nasralla and Noah Browning LONDON (Reuters) -Oil futures rose on Friday on course for a fourth weekly gain boosted by supply constraints and a weaker dollar and despite sources saying China is set to release crude reserves around the Lunar New Year. Brent crude futures rose 71 cents, or 0.8%, to near a two-and-a-half month high of $85.18 a barrel at 1430 GMT. U.S. West Texas Intermediate crude gained 57 cents, or 0.7%, to $82.69. Crude prices turned positive as the dollar headed towards what could be its largest weekly fall in more than a year. A weaker dollar makes commodities more affordable for holders of other currencies. [FRX/] Several banks have forecast oil prices of $100 a barrel this year, with demand expected to outstrip supply, not least as capacity constraints among OPEC+ countries come into focus. "When you consider that OPEC+ is still nowhere near pumping to its overall quota, this narrowing cushion could turn out to be the most bullish factor for oil prices over the coming months," said PVM analyst Stephen Brennock. However, sources told Reuters that China plans to release oil reserves around the Lunar New Year holidays between Jan. 31 and Feb. 6 as part of a plan coordinated by the United States with other major consumers to reduce global prices. The U.S. Energy Department on Thursday said it had sold 18 million barrels of strategic crude oil. China has also posted its first annual decline in crude oil imports in two decades, though traders expect imports to recover this year. There were also concerns about fuel demand in the world's second-biggest oil consumer as the Omicron coronavirus variant spread to the cities of Dalian and Tianjin. Many cities, including Beijing, have urged people not to travel during the Lunar New Year holiday, which could cool demand.

53 Replies 10 πŸ‘ 13 πŸ”₯

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@PivotBoss #P I V O T B O S S
recently

**PivotBoss Pre-Market Video [January 14, 2022]: Talking NQ Yearly Pivots** JANUARY 14, 2022 β€” FRIDAY AM The ES and NQ are seeing additional selling pressure after yday's stoprun day. Will this move lead to bullish higher lows, or will we see a major continuation lower? The NQ has rejected the previous year's Close in major fashion, does that mean we're headed back to last year's Midpoint at 14480? Any pullback in Crude Oil remains a buying opportunity for 86s. Bitcoin and ETH may see another round lower if these trend-confirmed sell signals stick by the end of the day.

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@NoobBot #Crypto4Noobs
recently

There's a Reason Bitcoin's Worth 500 Barrels of Oil: Bloomberg's McGlone https://www.coindesk.com/markets/2022/01/13/theres-a-reason-bitcoins-worth-500-barrels-of-oil-bloombergs-mcglone/

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@trademaster #TradeHouses
recently

By Marc Jones LONDON (Reuters) - Jittery global financial markets saw signs of stabilisation on Thursday, with major equity bourses and bond yields holding their ground and the dollar wilting after the highest U.S. inflation reading in nearly 40 years. The 7% year-on-year U.S. consumer price inflation reading was the highest since 1982, but after weeks of Federal Reserve officials talking about faster interest rate hikes and stimulus withdrawal it had been widely expected. MSCI's 50-country index of world stocks barely budged, little changed from where it started the year, while Europe recovered from an early dip to add to two days of solid gains even as the euro climbed to its highest in nearly two months. [/FRX] Asian markets had weakened slightly overnight on softer-than-expected Chinese lending data and more falls in the property sector, but futures markets where pointing to a steady restart for Wall Street which had closed higher on Wednesday. [.N] "As we see it, the inflation story is going to persist for good a while longer yet," said Manulife Asset Management's global macro strategist Eric Theoret. "We have had a tremendous acceleration in the Fed's tightening," he added. Theoret pointed out that when the U.S. central bank raised interest rates in 2015 it waited two years before shrinking its balance sheet, whereas this time it could begin by the end of the year. "The challenge from here is how the global economy responds to this normalisation." In the bond markets, where borrowing costs have raced to keep up with rate hike expectations this year, 10-year U.S. Treasury yields hovered around 1.74% and Germany's 10-year yield spent the day bobbing near -0.064 having approached positive yield territory for the first time since May 2019. European Central Bank Vice President Luis de Guindos became the latest to warn that the current spike in inflation was not going to be as transitory as originally expected. Upmarket Swiss bathroom goods giant Geberit had seen its shares slide too as it warned it was now impossible to predict how much raw materials prices would rise this year. It is a busy period for bond issuance as countries and companies look to beat the rise in rates. Italy was due to sell up to 7 billion euros of three- and seven-year bonds later, Ireland was eyeing a bumper sale. The week is also set to be a record one for emerging market corporate debt sales with nearly 30 taking place. "It is a record in my time," said Omotunde Lawal, head of emerging markets corporate debt at Barings. "Most people are swamped, but you can see why with as many as four Fed hikes now priced in." DOLLAR DOLDRUMS In the currency markets, the dollar was continuing to slip towards a 2-month low against a basket of currencies. The euro was a big beneficiary of the move and extended its rise to $1.1479, up 0.3% on the day, while sterling and the yen also extended recent gains. [/FRX] The pound is up more than 4% from December lows and traders have so far shrugged off a political crisis enveloping Prime Minister Boris Johnson who apologised for attending a party in the Downing Street garden during a coronavirus lockdown. The central bank of New Zealand has begun hiking rates too, and the New Zealand dollar rallied 0.4% to $0.6876, its strongest since late November. Australia's dollar, which tends to perform well when broader market sentiment is improving, added 0.3% to $0.7305. The Canadian dollar has rallied more than 3.5% in three weeks, gaining with oil prices as investors look past the potential economic fallout of the Omicron variant. "The (U.S.) dollar does not have to increase because the Fed is readying a tightening cycle," said Commonwealth Bank of Australia (OTC:CMWAY) strategist Joe Capurso. "It is not a simple equation of Fed hikes equals dollar increases. The dollar is a counter-cyclical currency which decreases as the world economy recovers." In Asia, Chinese blue-chips dropped 1.6% after data showing mainland bank lending fell more than expected in December causing property and consumption sectors to sink. MSCI's broadest index of Asia-Pacific shares outside Japan was flat after recording its biggest daily gain in a month on Wednesday. Japan's Nikkei lost nearly 1% after surging nearly 2% a day earlier. Oil prices ticked lower in commodity markets too, a day after hitting their highest in nearly two months. [O/R] Global benchmark Brent crude fell 0.07% to $84.61 per barrel and U.S. West Texas Intermediate crude edged down to $82.58 per barrel. Spot gold held steady at $1,824.54 an ounce. (Additional Reporting by Tommy Wilkes in London and Andrew Galbraith in Shanghai; Editing by Tomasz Janowski and Toby Chopra)

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@PivotBoss #P I V O T B O S S
recently

**PivotBoss Pre-Market Video [January 12, 2022]: Short Term Bullish Trend Intact** JANUARY 12, 2022 β€” THURSDAY AM The ES and NQ remain within the developing short term bullish trend, which remains firmly intact. Watch overhead resistance in the ES at mCL, as this level could offer an opportunity for bears to defend after early weakness this month. Overall, look for th ES and NQ to push higher until proven otherwise. Crude Oil remains on a path to 86, and BTC and ETH continue to bounce after recent key level rejections.

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@trademaster #TradeHouses
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By Andrew Galbraith SHANGHAI (Reuters) -Asian shares were dragged lower by weakness in Chinese economic data on Thursday although investors seemed relieved that U.S. inflation data was not hot enough to force even faster monetary tightening by the Federal Reserve. U.S. consumer price inflation was at its highest in nearly 40 years, data showed overnight, but it didn't come as a surprise and kept intact expectations for the Fed's tapering or timeline for the first rate rise as early as March. Asian shares fell in line with Chinese stocks, after data showing mainland bank lending fell more than expected in December, causing property and consumption sectors to sink. Chinese blue-chips dropped 1.3%, while MSCI's broadest index of Asia-Pacific shares outside Japan was flat after recording its biggest daily gain in a month on Wednesday. Japan's Nikkei lost nearly 1% after surging nearly 2% a day earlier. European stock futures pointed to a tepid open in those markets, and the dollar was hovering near a two-month low at 94.97. "The U.S. dollar is a counter cyclical currency which decreases as the world economy recovers," Joseph Capurso, head of international economics at the Commonwealth Bank of Australia (OTC:CMWAY), said in a note. Markets in Asia, where inflation pressures have generally been more subdued in major economies, could offer attractive risk hedging opportunities, said Jim McCafferty, Nomura's joint head of APAC equity research. "If you are a global investor and you've seen very significant stock market gains in the U.S. during 2021, if you are seeing inflation as a threat then a lot of investors may be tempted to reallocate funds away from developed equity markets in the West into the mix of developed and developing markets in East Asia," he said. The uneven performance in Asia followed small gains on Wall Street overnight, with the S&P 500 rising 0.28% and the Nasdaq Composite up 0.23%. The Dow Jones Industrial Average rose 0.11%. While longer-dated U.S. yields dipped after Wednesday's inflation data, Fed fund futures are pricing in nearly four rate hikes this year. Some analysts say that there could still be room for a more aggressive rate hike schedule. "Our expectation for sustained cyclical price pressures means that we think the Fed will continue to tighten policy into 2023 by more than investors currently anticipate," Jonathan Petersen, markets economist at Capital Economics said in a note, adding that he expected the U.S. 10-year yield to reach 2.25% by year-end, and 2.75% by the end of 2023. On Thursday, the U.S. 10-year yield edged up to 1.7499% after dipping on Wednesday to close at 1.725%. The policy-sensitive 2-year yield was up at 0.9229% from Wednesday's close of 0.907%. The dollar was also almost flat against the euro at $1.1442, after hitting its lowest since mid-November in the previous session. Overnight, it also fell versus the yen, dropping through support around 115 to hit 114.38 yen, a more than two-week low. It last bought 114.62 yen. Oil prices ticked lower, a day after hitting their highest in nearly two months on the back of a falling dollar, tighter supply, and as investors bet the spread of the Omicron coronavirus variant would have a relatively limited economic impact. [O/R] Global benchmark Brent crude fell 0.07% to $84.61 per barrel and U.S. West Texas Intermediate crude edged down to $82.58 per barrel. Spot gold held steady at $1,824.54 an ounce.

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@CarlosH-carvan #ivtrades
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USA EIA Crude Oil Inventories for Jan 7 Draw 4.553M Barrels vs Draw 1.904M Barrels Est; Prior Draw 2.144M Barrels

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@bronco #droscrew
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$XLE looks sexy, psst- look up the correlation between Oil and the market. πŸ˜‰

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@HeyShoe #droscrew
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oil reclaiming 82

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@marketjay #marketassasins
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@everyone Crude is now $82 a barrel, if you don't know why that's a big deal then you haven't looked at the 3 charts for oil set up in Market overview: PXD, PSX, MRO each has provided huge moves since recommendation

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@PivotBoss #P I V O T B O S S
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**PivotBoss Pre-Market Video [January 12, 2022]: Bullish Continuations from Strong Lows** JANUARY 12, 2022 β€” WEDNESDSAY AM The ES, NQ, BTC and ETH have each rallied from strong lows, and remain above yHI heading into Wednesday's RTH Open. Look for further strength ahead, but watch yHI for early signs of rejection. Bitcoin and ETH have both bounced nicely from recent lows, but are now entering a bearish PEMA trigger zone, which could provide some headwinds. Crude Oil remains on path to reach the top of the newest market structure at 86.

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@trademaster #TradeHouses
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By Tom Westbrook SYDNEY (Reuters) - Stocks and commodities rose in relief on Wednesday and the dollar hit a six-week low after U.S. Federal Reserve Chair Jerome Powell sounded less hawkish than expected in testimony to Congress, while economic data showed more room for policy easing in China. Treasuries have also steadied after beginning the year with a rout, though a new test looms later in the day when U.S. inflation data is expected to come in red hot. MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.4% to a one-and-a-half month high, led by a 4.3% jump for tech stocks in Hong Kong. (HK) Japan's Nikkei rose about 2%. (T) Powell told a congressional hearing on his confirmation for a second term at the helm of the central bank that the economy could weather the COVID-19 surge and was ready for tighter monetary policy. But he did not go into any new details beyond what traders already gleaned from the minutes of last months' Fed meeting and that turned out to be enough to staunch selling in the Treasury market and U.S. tech stocks. "One of our main takeaways ... was that the sense of urgency on tightening has not obviously heightened compared to the last time we heard from Powell in December," analysts at NatWest markets said in a note. The Nasdaq and S&P 500 recorded their best sessions of 2022, rising 1.4% and 0.9%, respectively. [.N] S&P 500 futures rose 0.2% in the Asia session and European futures rose 0.8%. FTSE futures rose 0.6%. In the bond market, benchmark 10-year Treasury yields were steady at 1.7321% and have pulled back more than 7 basis points (bps) from an almost two-year high hit on Monday. [US/] Commodities also caught a boost and oil touched pre-Omicron highs in Asia. Brent crude futures touched $84 a barrel for the first time in two months and U.S. crude futures crept up slightly to $81.69 a barrel. [O/R] DOLLAR STALLS While traders are bracing for headline U.S. inflation to hit an almost four-decade high of 7% year-on-year, a softer than expected reading on prices in China has drawn bets on policy easing. Five-year Chinese government bond futures rose eight ticks to an 18-month high. Yuan gains were also capped. [CNY/] U.S. data is due at 1330 GMT, though after Powell already sketched a timeline for higher rates and balance sheet runoff in the year ahead it is unclear how it might shift the outlook or move markets. The greenback has dropped through its 200-day moving average against a basket of currencies overnight touched six-week low of 95.538 on Wednesday. [FRX/] At $1.1378, it is also at a 2022 low against the euro. It has steadied at 115.33 yen but is slipping on the Aussie and kiwi. [AUD/] "There is already a lot of hawkish news in the price," said Rabobank currency strategist Jane Foley. "The dollar may need to see some pullback and fresh news on the interest rate front before finding direction." Sterling, meanwhile, has been surging and touched a two-month top of $1.3645 in Asia as investors see Britain overcoming a wave of COVID-19 cases led by the Omicron variant and have priced in a nearly 80% chance of Bank of England rate hike in February. The dollar's weakness has helped gold, though at $1,820 an ounce it is still hemmed in a range it has kept for half a year. [GOL/] Cryptocurrencies were steady with investors comforted that bitcoin's support at $40,000 held this week. Bitcoin last bought $42,720.

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@marketjay #marketassasins
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2021 gave us an exciting year, 2022 bodes new movements and new opportunities. As Oil remains low bearing fruit with running inflation as a continous trade throughout the year especially heading into the summer. Inflation will affect many more companies and present opportunities from a fundamental stand point. Since we are heading into earnings after the banks I would recommend keeping a eye on software application companies to give us the best opportunities. Most importantly those with high P/E due to the inflation will directly affect operations cost. Top Target that I'll be watching moving forward SNOW (SNOWFLAKE)

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@dros #droscrew
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dollar weakness helping > @lucullus said: cooper, nickel, oil, Nat gas, lumber all up big today

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@lucullus #droscrew
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cooper, nickel, oil, Nat gas, lumber all up big today

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@HeyShoe #droscrew
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Oil up 3 bucks

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@HeyShoe #droscrew
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look at Oil

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@CarlosH-carvan #ivtrades
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Rumors: United States Oil Fund (USO): Official From Nation Of Oman At OPEC+ Meeting Says OPEC+ Wants To Avoid Overheating The Oil Market

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@Gary19 #droscrew
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*OIL MARKET FACING CAPACITY PROBLEM AMID LOW INVESTMENT: OMAN

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Key Metrics

Market Cap

0

Beta

0.86

Avg. Volume

61.87 K

Shares Outstanding

0

Yield

0%

Public Float

0

Next Earnings Date

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Company Information

CEO: James Staley

Website:

HQ: One Churchill Place, E14 5HP London

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