Crude Oil Price Recovery May Be Running Out of Steam

CRUDE OIL & GOLD TALKING POINTS: Crude oil price chart still warning of ebbing upside momentum EIA inventory flow data on tap, baseline envisions modest build Gold prices may struggle for direction before FOMC rate call Crude oil prices rose Monday, with the cycle-sensitive commodity tracking broadly in line with Continue Reading

BRL, Ibovespa Eyeing Trump-Bolsonaro White House Meeting

TALKING POINTS – TRUMP-BOLSONARO MEETING, IBOVESPA, CHINA TRADE, PENSION REFORM Brazilian assets are eyeing Trump-Bolsonaro meeting Trade, security, China are key topics on the schedule Optimism over Brazil economy hinge on pension reform See our free guide to learn how to use economic news in your trading strategy! Brazilian President Continue Reading

Yen and US Dollar at Risk, GBP/USD May Be Topping

TALKING POINTS – AUSSIE DOLLAR, YEN, US DOLLAR, STOCKS Aussie and NZ Dollars rise as APAC stocks follow Wall Street higher S&P 500 futures point higher, spelling trouble for Yen and US Dollar GBP/USD technical positioning hints that a top may be taking shape The sentiment-linked Australian and New Zealand Continue Reading