Archive for Tag: How to buy Commodity

Commodity Market News

Gold gains as dollar, Treasury yields slip

Goldwas trading 1.50%up at $1,937.35 Gold rose on Thursday after the U.S. Federal Reserve’s first interest rate hike in three years bore no surprises, with gains underpinned by a drop in the dollar and U.S. Treasury yields. Spot gold advanced 0.8% to $1,942.61 per ounce by 1023 GMT, having...

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BRENT CRUDE WEEKLY SCENARIO

BRENT CRUDE WEEKLY SCENARIO – 01 March 2022

BRENT CRUDE Price Technical Analysis: Weekly Chart In the weekly charts, Brent Crude is trading in an upward channel. Brent Crude  is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Crude will follow an uptrend in...

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CRUDE OIL

CRUDE OIL: WEEKLY SCENARIO

CRUDE OIL Price Technical Analysis: Weekly Chart In the weekly charts , Crude Oil is trading in an upward channel. Crude Oil is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Crude Oil will follow an uptrend...

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Crude oil futures

Oil prices rebound as growing political tensions fuel supply fears

Brent Oil was trading 0.84%up at $86.18. Oil expenses bounced again on Tuesday, convalescing a number of the preceding day’s losses, as developing anxiety in Eastern Europe and the Middle East fuelled issues over feasible deliver disruptions in an already tight market. Brent crude futures rose $1.21, or 1.five%,...

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European shares

Stocks rally, dollar gains as Omicron fears ease

The dollar edged higher while U.S. and European shares rallied on Monday after easing concerns about the Omicron coronavirus variant led investors to buy stocks that will likely perform well in a rising interest rate environment. Yields on U.S. government debt surged, with the benchmark U.S. 10-year Treasury yield...

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Oil up as industries switch from gas, little sign supply crunch easing

Brent Oil was trading 0.46% up at $82.42. Oil prices rose on Friday, and were on track for gains of nearly 5% this week, on signs some industries have begun switching fuel from high-priced gas to oil and on doubts the U.S. government would release oil from its strategic...

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