Oil

Market round-up: Yen rallies, Oil climbs, Gold hits records

Thu, 20 Feb 2025 15:59:40 +0000

Market round-up: Yen rallies, Oil climbs, Gold hits records Lukman.Otunuga… Thu, 02/20/2025 - 17:59

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The yen dominates the G10 space amid rising bets around the BoJ hiking rates sooner rather than later. Oil rises on supply concerns while gold touches a fresh all-time high. Here is what you need to know.

Drilling down: Key factors that could impact oil prices this week

Tue, 11 Feb 2025 11:00:00 +0000

Drilling down: Key factors that could impact oil prices this week Lukman.Otunuga… Tue, 02/11/2025 - 13:00

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Oil benchmarks are up almost 2% this week as tighter Russian crude supply overshadowed fears around Trump’s expanding tariffs. Oil could be rocked by a cocktail of high-risk events ranging from monthly oil forecasts to US inflation data.

Trump Inauguration: Market Reactions and What’s Next?

Tue, 21 Jan 2025 12:07:14 +0000

Trump Inauguration: Market Reactions and What’s Next? Lukman.Otunuga… Tue, 01/21/2025 - 14:07

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Markets were dished another reminder of what to expect from Trump over the next four years following his inauguration. Here is how markets responded and what to expect in the future.

Trump Inauguration Day: Expected winners and losers over next 4 years

Mon, 20 Jan 2025 03:00:00 +0000

Trump Inauguration Day: Expected winners and losers over next 4 years Lukman.Otunuga… Mon, 01/20/2025 - 05:00

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Donald Trump will be sworn in as the 47th U.S. President on January 20th. Here is a list of assets that could win or lose under him over the next 4 years.

Market round-up: Oil hits 6-month high, US500 rebounds

Thu, 16 Jan 2025 12:30:45 +0000

Market round-up: Oil hits 6-month high, US500 rebounds Lukman.Otunuga… Thu, 01/16/2025 - 14:30

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Global sentiment has brightened after cooling US inflation revived hopes for Fed rate cuts. In the commodities space, oil benchmarks are on a tear while the US500 staged a solid rebound.

Commodities round-up: OPEC+ delays meeting, Coffee rallies

Thu, 28 Nov 2024 12:27:23 +0000

Commodities round-up: OPEC+ delays meeting, Coffee rallies Lukman.Otunuga… Thu, 11/28/2024 - 14:27

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OPEC+ has postponed its next oil policy meeting to December 5th from December 1st while coffee prices have rallied to multi-decade highs!

Oil, Yen tumble after weekend turmoil

Mon, 28 Oct 2024 07:53:55 +0000

Israel avoids attacking Iran’s oil facilities
Brent sank 4% as markets refocus on global oversupply
Japan’s ruling coalition loses majority in snap elections
Japan’s political risks send USDJPY to 3-month high
Bloomberg model: USDJPY set to trade between 150 – 156 this week

Brent: Slumps on easing Middle East fears

Tue, 15 Oct 2024 12:41:04 +0000

Brent ↓ 6% this week

Fundamentals swing in favour of bears

Watch out for US/China data and EIA report

Technical levels: $77.90, $75 & $73

Oil benchmarks have been hammered this week, shedding over 6% thanks to potent Read More

Markets on edge as geopolitical tensions mount

Wed, 02 Oct 2024 10:53:39 +0000

Markets on edge as geopolitical tensions mount Lukman.Otunuga… Wed, 10/02/2024 - 13:53

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Risk aversion engulfed global markets yesterday (Tuesday, 1st October) as tensions flared up in the Middle East. Iran launched a barrage of ballistic missiles at Israel, sparking fears of a wider conflict in the region.

Brent: Slips into Q4 on supply fears

Tue, 01 Oct 2024 10:35:56 +0000

Brent ↓17% in Q3

OPEC+ JMMC, EIA & NFP in focus

Over past year US NFP triggered ↑ 0.4% & ↓ 1.9%

Key level of interest - $70.80

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