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Is Crude Oil Switching Into Bullish Territory Now?
Article By:
Sebastien Bischeri
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Friday, November 4, 2022 1:04 PM EDT
Oil prices are trading this Friday at their highest in nearly a month, benefiting from the looming tighter supply as an effect of market speculation around potential zero-Covid policy relief in China.
Futures Jump On China Reopening Rumors Ahead Of Key Jobs Report
Article By:
Tyler Durden
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Friday, November 4, 2022 10:10 AM EDT
US futures jumped and the Nasdaq 100 was poised to trim its biggest weekly drop since the start of the year as optimism about China’s reopening boosted Wall Street futures despite the looming risk of another hotter-than-expected payrolls report.
In this article: BNO, CORN, WEAT, FXE, FXA, FXB, FXC, GLD, JJC (RETIRED), JJU (RETIRED), OIL, SLV, UCO, UGA, UNG, USO, UUP, FXY, QQQ, DIA, SPX
US Dollar Offered Ahead Of The Employment Report
Article By:
Marc Chandler
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Friday, November 4, 2022 6:52 AM EDT
Risk appetites have returned but may be tested by the US jobs report. News of progress with US auditors in China helped lift Hong Kong and Chinese equities.
In this article: BNO, GLD, JJC (RETIRED), OIL, UCO, UGA, UNG, USO, FXE, FXA, FXB, FXC, FXF, UUP, QQQ, DIA, SPX, CORN, WEAT
The Commodities Feed: USD Surge
Article By:
ING Economics
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Friday, November 4, 2022 3:51 AM EDT
A rallying USD following this week’s hawkish FOMC meeting has kept the pressure on the commodities complex. In the short term, sentiment is likely to remain negative.
In this article: BNO, JJC (RETIRED), JJU (RETIRED), OIL, UCO, UGA, UNG, USO
Enbridge To Report Q3 Earnings: What's In The Offing?
Article By:
Zacks Investment Research
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Thursday, November 3, 2022 9:37 PM EDT
Enbridge Inc. is set to report third-quarter 2022 results tomorrow before the opening bell.
In this article: ENB
Why The U.S. Has A Diesel Shortage
Article By:
Robert Rapier
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Thursday, November 3, 2022 11:57 AM EDT
We've all heard that there are only 25 days of diesel reserves left. Why is there a diesel shortage this year? There are four factors, but two of those factors are in play every year.
FOMC Preview: Inflation Battle Requires Fed To Dig In Deeper
Article By:
Interactive Brokers
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Wednesday, November 2, 2022 1:03 PM EDT
As painful inflation continues to pressure consumers and corporations, investors have become increasingly optimistic that this afternoon’s Federal Reserve meeting will show a central bank softening its war against price increases.
