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Tag: Fundamental Analysis

Outlook of Commodities in the Third Quarter

Commodities had a rough third quarter. This was mostly because the third quarter saw the trade escalations rise. The US and China imposed tariffs worth more than $267 billion. It was also a quarter that saw the US president start a spat with the allies like Canada and European Union. All these issues affected the […]

Three Things To Watch Out in Today’s Fed Decision

At 1800 (GMT), the Fed will release its interest rates decision. The bank is expected to raise interest rates for the third time this year. This will be the eighth interest rates hike since 2015 when the bank started a gradual tightening process. 30 minutes after the rate hike, the Fed chair, Jerome Powell will […]

EU GDP Slides to Lowest Level in 2 Years as Inflation Rises

The Euro is rising against the dollar and other pairs as the data from the EU point to a stable economy. Earlier today, data from France showed that the consumer prices rose by an annual rate of 2.3% in June. This was higher than the expected 2.2%. In the EU area, the CPI rose by […]

Weekly Review: Trump Exit from JCPOA Boosts Crude Oil Prices

This week, one of the best performers was crude oil. The price of Brent and WTI surged by 4.8% and 3.6% respectively. They are now trading at the highest level since 2014. The gain came as Donald Trump moved to fulfil his campaign promise of getting out of the Joint Comprehensive Plan of Action (JCPOA) […]

Crude Oil Rallies, Dollar Falls, and South Korea Rattles Cryptocurrencies

This week, politics and geopolitical issues have dominated the markets. In the United States, the republicans and democrats have continued to find consensus to prevent a potential government shutdown. Democrats have vowed not to support a deal that does not include the Dream Act that protects the dreamers. On Thursday, a deal between the two […]

Crude Oil Rally Pauses As Investors Await Trump’s Iran Decision

Yesterday, the price of WTI and Brent crude oil reached new three-year highs. The recent surge is attributed to four. First, this week, the American Petroleum Institute reported a huge withdrawal of 11.2 million barrels of crude oil. Second, the Energy Information Administration (EIA) released data showing a reduction of 4.9 million barrels of oil. […]