WTI oil price rose to one-week high on Thursday, adding to initial signals of basing and possible reversal, after the downleg from $70.50 (July 30 peak) found temporary footstep at $61.50 zone. Expectations for growing US oil demand, uncertainty over Ukraine peace talks and much bigger than expected drop in US crude inventories, provided fresh […]
The post WTI Oil: Edges Higher on Demand, Crude Stocks Drop and Uncertainty Over Peace Talks appeared first on Action Forex.
Germany’s ZEW Economic Sentiment plunged sharply in March, highlighting how rapidly confidence is deteriorating under the weight of the global energy shock. The expectations index collapsed from 58.3 to -0.5, far below market forecasts of Read more…
On 10 March, analysing the EUR/USD chart, we: → considered the long-term descending channel, which remains relevant; → noted that the sequence of lower lows A–H was broken with the appearance of a higher peak Read more…
Palantir‘s (PLTR) CEO Alex Karp is jumping into the Middle East fracas, courtesy of his latest comments. The CEO said in plain words that Palantir’s software is helping U.S. allies in the Middle East. Palantir Read more…