Fundamental market news.

17/12/2024

30/11/2024

China Nov factory activity expands for second month as Trump threats loom -

China's factory activity expanded modestly for a second straight month in November, an official survey showed, adding to a string of recent data suggesting a blitz of stimulus is finally trickling through the world's second-largest economy just as Donald Trump ramps up his trade threats.

19/11/2024

Hold your crude oil tight.

19/11/2024

Oil prices gain on supply outages, caution over Russia-Ukraine war -

Oil prices edged up on Tuesday, extending the previous day's rally driven by a halt in production at Norway's Johan Sverdrup oilfield, though investors remained cautious amid fears of an escalation in the Russia-Ukraine war.

13/11/2024

Oil pares losses on tight supply but cloudy demand caps gains - https://www.reuters.com/business/energy/oil-trims-losses-tight-near-term-supply-2024-11-13/

The crude oil stocks remains down

Oil prices inched higher on Wednesday underpinned by signs of near-term supply tightness but held near their lowest in two weeks, a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 2025.

12/11/2024

Oil drifts amid China stimulus concerns, oversupply worries -

Oil prices were little changed on Tuesday, awaiting further price direction from OPEC's monthly report, with investor disappointment over China's latest stimulus plan and oversupply concerns keeping buying interest at bay.

12/11/2024

With President-elect Donald Trump's Republican Party looking likely to claim a majority in both chambers of Congress, the so-called Trump trades are showing no signs of easing.

11/11/2024

Price of BTc has constantly tested R2

But my BTC gauge strategy has not confirmed a reversal indicating that R2 might be broken soonest
11/11/2024

11/11/2024

The BITCOIN price is almost at monthly R2 I would make calculations for R3 and monitor price closely for a reversal using my trading gauge on Bitcoin. If a reversal suffixes it would trend from R2 back down to R1.

11/11/2024

I found this article for you: -

China's October new lending tumbles more than expected despite policy support

08/11/2024

Oil prices fall more than 1% as Hurricane Rafael risk recedes - https://www.reuters.com/markets/commodities/oil-prices-fall-hurricane-rafael-expected-start-weakening-2024-11-08/

As the hurricane cools off crude oil would continue to drop until investors knows the trump way forward on crude oil

Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S. Gulf while investors also weighed up fresh Chinese economic stimulus.

07/11/2024

Oil steadies as investors digest US election fallout - https://www.reuters.com/markets/commodities/oil-prices-regain-ground-investors-eye-us-election-fallout-2024-11-07/

Oil price stabilized

Oil slipped on Thursday, extending a sell-off triggered by the U.S. presidential election, as a strong dollar and lower crude imports in China outweighed supply risks from a Trump presidency and output cuts caused by Hurricane Rafael.