Oil Price Update: Demand Fears Outweigh Conflict Concerns
Brent crude and WTI struggle to recover lost ground after European data re-emphasized growth concerns. US storage data out at 14:30 (GMT)
Source: dailyfx.com
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Brent Crude Oil Set for Second Weekly Advance as Tensions Ramp Up
Fighting continues at Israel’s northern border as the threat of a wider conflict remains a major risk. Oil markets brace for higher prices, upside risks to inflation
Israel General United Kingdom Chahar Ma All Va Bakhtiari White House District Of Columbia United States
Source: dailyfx.com
Oil Price Update: EIA Inventory Drawdowns add to Oil's Bullish Outlook
Oil tailwinds accumulate as US crude storage data confirms further drawdowns. Shell had to halt some operations at Europe’s biggest refinery, adding to price pressures
Source: dailyfx.com
Yen Price Outlook: USD/JPY Upside Back in Play, EUR/JPY Vulnerable
USD/JPY receives bullish boost ahead of Powell’s Jackson Hole speech which contrasts EUR/JPY fortunes which may extend on recent dovish ECB revelations
Richard Snow Christine Lagarde Jerome Powell Japanese Yen Broader Price Pressures Reach Record Japanese Finance Minister Suzuki
Source: dailyfx.com
Oil Prices Stabilize Ahead of Powell's Jackson Hole Speech on Friday
Declining US yields and the US dollar have helped oil prices recover some of the recent losses. Greater-than-expected EIA crude drawdowns help lift US crude
United Kingdom Richard Snow Brent Crude Oil Weekly Brent Crude Oil Daily Storage Data Help Oil Recover Losses Oil Brent Crude Analysis
Source: dailyfx.com
USD/JPY Price Forecast: Dollar Decline Provides Respite for the Yen
The yen appears to be benefitting from the Fed’s recent comments favouring a “skip” at this month’s FOMC meeting. Levels for a bearish continuation analysed
Source: dailyfx.com
USD/JPY Price Outlook: Yen Eases on Improved Inflation data but Risks Accrue
The yen has surrendered gains against a rather resurgent dollar but increasing geopolitical risks brings the pair back into focus as. US debt ceiling is the main focus
Source: dailyfx.com
Brent Crude Technical Update: Rising Wedge Breakdown Favors Downside
A potential two-day decline in oil prices hints at a bearish continuation if the latest break below the rising channel holds at the close
Richard Snow Brent Crude Oil Technical Analysis Brent Crude Oil Daily Brent Crude Oil Weekly Brent Crude Oil Technical Sentiment Hints
Source: dailyfx.com
US Equities: S&P 500 Tests Yearly Low Ahead of Earnings Season
US equities approach a significant level of support ahead of earnings from prominent banking stocks on Friday
Source: dailyfx.com
USD/JPY Divergence Hints at Deeper Pullback Ahead of BoJ, FOMC
The Japanese Yen continues to claw back some lost ground vs the dollar as we await the BoJ quarterly outlook report and much anticipated FOMC rate decision next week
Source: dailyfx.com