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U.S. crude inventories fall after 10 consecutive weeks of builds
author-avatar Alice Scott
Commodities, News
March 27, 2023
09 Mar 2023

U.S. crude inventories fall after 10 consecutive weeks of builds

Introduction: The U.S. crude inventories have finally fallen after 10 consecutive weeks of builds, according to the Weekly Petroleum Status Report released by the Energy Information Administration (EIA) on March 3, 2023. This is the first crude stoc...
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Gold Prices Hover Near Yearly Lows Amidst Rising US Interest Rates
author-avatar Alice Scott
Commodities, News
March 27, 2023
09 Mar 2023

Gold Prices Hover Near Yearly Lows Amidst Rising US Interest Rates

Introduction: Gold prices have been hovering near yearly lows due to ongoing concerns regarding rising US interest rates. The market has been under pressure as investors turn to other assets amidst hawkish signals from the Fed. This article will exp...
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Oil prices fall on fears of rising interest rates
author-avatar Alice Scott
Commodities, News
March 27, 2023
09 Mar 2023

Oil prices fall on fears of rising interest rates

Introduction: Oil prices have fallen for the third consecutive day as fears of rising interest rates outweighed a surprise drop in US crude inventories and hopes of Chinese demand. The recent comments by the US Federal Reserve Chair Jerome Powell re...
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author-avatar Curator Livemarkets
Commodities, Indices, Stocks, Support & Resistance
March 1, 2023
12 Jan 2023

US stocks close higher.Nasdaq up for the 5th day. S&P and Dow up for the 3rd straight day.

A depiction of the stock market can be seen in the image, which shows a graph with a rise and fall in the performance of stocks. The graph illustrates how stocks fluctuate over time. The primary US stock indices have all concluded the trading sess...
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author-avatar Curator Livemarkets
Commodities, Indices, Stocks, Support & Resistance
January 10, 2023
10 Jan 2023

Stocks pick up some steam. Major indices back near highs

The major US stock indices are picking up some steam to the upside. The major indices are near their highs on the day.A snapshot of the market currently shows:Dow Industrial Average up 128 points or 0.3% at 33645.52 S&P index of 21.96 points or 0...
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author-avatar Curator Livemarkets
Commodities, Indices, Stocks, Support & Resistance
January 4, 2023
04 Jan 2023

Crude oil futures extend losses. Trade down to $73

Crude oil futures continue to get hit with the contract price near $73 after trading above $81 just yesterday. The contract is currently trading below the $73 level at $72.94. That's down close to $4 on the day. Looking at the daily chart above, the ...
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author-avatar Curator Livemarkets
Commodities, Indices, Stocks, Support & Resistance
January 3, 2023
03 Jan 2023

Stocks are at session lows.

The US stocks are trading to new session lows. A snapshot of the markets shows:Dow Industrial Average is down -239.43 points or -0.72% at 32907.83S&P is down -38.59 points or -1.01% at 3800.90NASDAQ index is down -139.68 points or -1.33% at 10326...
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