Oil Gains for 2nd Week, But Prices Range-Bound Again

© Reuters. By Barani Krishnan  Investing.com – Oil put in a second week of gains as crude prices reentered range-bound trading on Friday on concerns about slowing U.S. jobs growth and the Covid situation in No. 3 energy consuming nation India. New York-traded , the benchmark for U.S. crude, settled up 19 cents, or 0.3%, […]

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Benin votes for president after week of violent protests

10/10 © Reuters. Britain’s Prince Philip and Prince Charles listen to speeches before the unveiling of a statue of Queen Elizabeth The Queen Mother in Poundbury 2/10 By Allegresse Sasse COTONOU (Reuters) – Benin votes on Sunday in a presidential election following a week of deadly protests against the incumbent Patrice Talon, who is heavily […]

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USDCHF ran lower this week and made bearish breaks. Can the sellers keep control.

4 hour chart shows the progression lower. The USDCHF this week trended lower and along the way, cracked below some downside technical levels.    Looking at the 4-hour chart above, the price started the technical breaks below an upward sloping trend line, fell below the 100 bar MA  (blue line) and then the 200 bar […]

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Gold up 1% on Week after Fencing With U.S. Yields, Dollar

By Barani Krishnan Investing.com – Gold prices slid on Friday but still ended the week up 1% as the yellow metal emerged partially victorious from its fencing duels with U.S. bond yields and the dollar, which were sluggish most of the week from mixed readings on inflation. on New York’s Comex settled down $ 13.60, […]

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Oil Down 3.5% on Week; Demand Concerns Offset Euro Vaccine Progress

© Reuters. By Barani Krishnan Investing.com – Oil prices fell as much as 3.5% on the week as concerns over summer fuel demand offset news that Europe appeared to be finally turning the corner on its Covid-19 vaccine crisis. Germany doubled the number of daily Covid-19 vaccinations, France hit a key immunization milestone a week […]

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Wall Street Week Ahead: With stocks at record highs, investors look to upcoming earnings

© Reuters. FILE PHOTO: FILE PHOTO: A sign for the Wall Street subway station is seen in the financial district in New York By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street is kicking off a crucial reporting season as U.S. companies provide quarterly results a year after the coronavirus pandemic crippled the economy and […]

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