ENB Publishers Note: Incoming US Treasury Sec. Janet Yellen signals more spending to prop up markets with drives traders to the bull-side on oil. Singapore — 0306 GMT: Crude oil futures rose in the mid-morning trade […]
Markets price in larger stimulus amid changing administration and bank earnings coming in higher than expected. The Dow Jones Industrial Average rose 150 points, or 0.5%. The S&P 500 gained 0.7%, led by communication services, […]
ENB Publishers Note: Rangebound for crude oil prices as new US administration readies fresh stimulus. Remember traders…weaker dollar, better oil… Singapore — 0636 GMT: Crude oil futures were mixed during mid-afternoon trade in Asia Jan. 19, […]
ENB Publisher Note: OPEC cuts can’t keep new China virus markets spoof CL prices to open the weekend. Remember, NYSE closed so no trading active on the equities side. Singapore — 0310 GMT: Crude oil futures […]
Buy the rumor, sell the news as markets fall flat with Biden proposed $1.9 trillion stimulus. The Dow Jones Industrial Average traded 89 points lower, or 0.3%. The S&P 500 dipped 0.4%, and the Nasdaq […]
ENB Publishers Note: Do we see $54? Two touches, but no continuation move through. If we can get a bullish rig report, look out for a a break of that resistance line. New York — Crude […]
Mixed data out as traders weigh new stimulus versus jobless claims increase. The Dow Jones Industrial Average gained 11 points, led by Boeing, Chevron and Intel, while the S&P 500 rose 0.2%. S&P 500: 16% […]
Singapore — 0238 GMT: Crude oil futures edged lower during mid-morning trade in Asia Jan. 14 as any bullishness due to a draw in US crude inventories was outweighed by indications of weak fundamentals in downstream […]
Stocks inch green Wednesday amid interests rates falling and the political uncertainty coming out of DC. S&P 500: 45% Nasdaq: 70% Dow Jones: 19% Given the rise in rates this year, Credit Suisse recommended that […]
The EIA released it’s natural gas storage report, and is available for download. EIA expects that U.S. natural gas consumption will decline by 2.3 Bcf/d to 80.8 Bcf/d in 2021. The decline is primarily […]
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