Commodities Market News - Gold prices, Crude oil,Copper

Read the latest Gold and Crude oil news by our experienced commodity traders and market strategists. We cover key markets such as Gold prices, Brent Crude Oil, West Texas Intermediate Crude oil, but also Copper, Palladium, and Platinum prices amongst others. We aim to provide relevant commodity market news, insights on price drivers, and the key technical levels that traders are watching to make better-informed trades.

Oil Prices Bounce Briefly as Iran Says No Talks With US

Commodities Aug 19, 2019, 12:46 BST by Eno Eteng (MSTA)

The latest updates from the news wires have picked up comments from the Iranian Foreign Minister Mohammad Javad Zarif, saying that the Iranian government is not interested in holding any talks with the United States apart from talks to reinstate the nuclear deal. According to Zarif, "Any mediation should focus [...]

Gold Prices Drift Lower on Higher Stock Indices

Commodities Aug 19, 2019, 11:42 BST by Alejandro Zambrano

At the time of writing, gold prices were lower as European stock markets traded higher. Gold prices were down by 0.88%, while the DAX index was up by the same amount. The next support level in gold prices is last week’s low of $1480, and the most bullish investors will [...]

OPEC Sees Bearish Outlook for Crude Oil Market for the Rest of 2019

Commodities Aug 16, 2019, 15:14 BST by Eno Eteng (MSTA)

The Organization of Petroleum Exporting Countries (OPEC) has released its monthly Oil Market Report for August 2019, in which the oil cartel sees a negative outlook for the crude oil market for the rest of the year. In the report, OPEC noted a "somewhat bearish" outlook for crude oil market [...]

WTI Crude Oil Gains 2% As US Data Stave off Recession Fears

Commodities Aug 16, 2019, 12:05 BST by Eno Eteng (MSTA)

The WTI crude oil futures asset has posted gains of up to 2% on the last trading day of the week, as upbeat retail sales and manufacturing data have helped to improve the risk sentiment among traders and stave off fears of an impending recession. WTI crude oil is presently [...]

Crude Oil Stalls at $55 as Concerns for Demand and Global Growth Persist

Commodities Aug 13, 2019, 12:09 BST by Eno Eteng (MSTA)

The WTI crude oil futures pushed up from yesterday’s identified support levels to hit its highest level in 5 days at 55.28, but has since retraced into a consolidation range between the central pivot at 54.46 and the R1 pivot at 55.40. The risk-off sentiment continued to play a big [...]

Gold Prices Soar to a New Multi-Year High, Watch $1550

Commodities Aug 13, 2019, 11:32 BST by Alejandro Zambrano

Today, Gold prices are soaring following a few days of consolidation and break to a rectangle pattern. Between August 7 and August 12 gold prices were trading sideways between $1487 and $1510 and formed a rectangle with a height of 23 dollars. The price has now reached the target of [...]

Crude Oil Price Static as Kuwait Oil Minister Promises Quota Compliance

Commodities Aug 12, 2019, 12:37 BST by Eno Eteng (MSTA)

KUNA, the Kuwaiti official news agency, has publicized statements from Kuwait’s Oil Minister Khaled al-Fadhel, assuring that the country will fully commit to production cuts agreed to by oil exporters so as to shore up crude oil prices. According to this report, Kuwait has already over delivered on its own [...]

International Energy Agency Forecasts Lower Oil Demand for 2019/2020

Commodities Aug 09, 2019, 12:12 BST by Eno Eteng (MSTA)

The latest oil market report was released earlier today by the International Energy Agency (IEA), and the projections do not look positive for crude oil producers. The IEA has lowered its forecasts for crude oil global demand, citing the dampening of economic activity from the ongoing US-China trade war. Highlights [...]

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Earnings Preview: Facebook

Published: July 19, 2019 | Author: Nikolas Papas

Facebook Earnings: Will Ads Revenue Lift the Share to its All-Time High?

There are now around 2.7 billion people using Facebook, WhatsApp, Instagram, or Messenger every month, and more than 2.1 billion people are using at least one app every day. Will Facebook be able to continue to monetize its userbase?

To learn more about this, and to find out what traders and investors are looking at when deciding to invest or trade Facebook’s share download our report right now.

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