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Oil & Gas and reducing hopes for growth again
WTI under $73, where next?While Oil and Gas prices are decreasing, OPEC-JMMC decided not to change the production cuts agreed upon in October. They agreed to cut 2 million barrels daily to balance out reduced demand in October. In its last Wednesday'...
BTC, back to 2022's habit?
Return after touching the five-month high.Fed decision and statement raised the crypto demand, as lower interest rates by year-end seemed more likely. In general, the riskier assets' demand increased by lowering the risks in the market. Since in...
Bitcoin retracing after rally peak?
Bitcoin notched a fresh five-month high last week with the price above $22,800 currently. The price consolidation hasn’t ended yet with the RSI back down from the overbought zone. Bulls seem unable yet to muster enough support for another impulse up....
Fall after touching a 9-month high
Is that the end of the bulls' story for now?The gold price rose on Wednesday and Thursday after Fed decisions and USD weakness, but we have many signs there that it can be the end for now, and seeing the gold price above 2,000 US dollars, even though...
NFP Preview | February 2023
Eyes on Labor market after predictable central banksAhead of NFP data, let us review other important labor market numbers that we have had this week. JOLTs' Job Openings on Wednesday were the first data we had; it showed an increase in the number of...
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