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Oil ticks upwards, gold edges lower - MarketPulse

Oil ticks upwards, gold edges lower - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

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Inflation genie returned to its bottle - MarketPulse

Inflation genie returned to its bottle
March 12, 2021SharePrint
The buy-everything animal spirits refused to be caged any longer overnight as financial markets returned the inflation genie to its bottle. Technology was back, the S&P 500 and Dow Jones closed at record highs, US yields held steady, bitcoin rose, and the US dollar fell, with markets partying like it was 2020.
ECB to accelerate pace of bond purchases
Earlier in the evening, the European Central Bank remained unchanged and signalled it would accelerate the pace of QE buying to cap yields. The euro gained a pass mark, it seemed, because the ECB did not increase the size of the QE programme; instead, they chose to front-load it. ....

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Oil dips on inventories, gold vulnerable - MarketPulse

Oil dips on inventories, gold vulnerable
March 3, 2021SharePrint
Oil dips after huge crude increase
Crude prices initially sold off after US weekly crude stockpiles surged by the most since 1982. The deep freeze made inventories rise by 21.56-million barrels, much higher than the 1.285-million barrels prior reading. This was the biggest percentage increase since 1982 and the most on record.
Gasoline and Distillates posted huge draws as refineries struggled to return to normal. We could be in store for a few more weeks of draws for crude stockpiles.
WTI crude seems like it just wants to head higher, but some exhaustion should occur as OPEC+ brings back more production and as shale companies are willing to commit to drilling new wells. ....

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US yields send Asian equities lower - MarketPulse

US yields send Asian equities lower - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

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Oil climbs higher, gold drops - MarketPulse

Oil climbs higher, gold drops - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

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