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The weather forecast sent the gas price under 5 US Dollars.
Natural gas is at a 2-month low, but lower prices need more reasons.As always, the leading price changer for every commodity is its demand. While most of the weather forecast was about the wave of cold winter, especially in the first days of 2023, th...
DXY above 104-Marke, Stocks are falling.
Mixed economic data increase tensions.On Thursday, the number of Americans applying for unemployment insurance (Initial Jobless Claims) grew by less than expected during the week that ended on December 17. According to data from the Labor Department,...
Euro and European stocks | 21 December
Bears are back on the charts a few days after the central bank meeting.After last week's ECB meeting, which was much more hawkish than expected, with Mrs. Lagarde's state about inflation, interest rate, and the need to raise rates, Euro got more vita...
Ruble slumps past 70 vs. the dollar for the first time since May
Risks of the best-performing currency of the year Ruble past 70-marker vs. the dollar for the first time since May 2022. This confirms the idea of its reverse in the year ahead. While the Russian Ruble was one of few currencies that has ou...
WTI wandering from economic news and data
We can see a bullish trend in the H1 and H4 charts.Central banks -excluding PBoC- were hawkish enough to increase the risk of recession, reducing energy demand. On top of that, we had fragile economic data from the most developed economies, mainly Ch...
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