Tag: Philly Fed survey

Oil Weekly Outlook for October 14-18

The price of oil (WTI) changed direction and declined during last week: WTI fell by 1.75%; Brent oil, however, rose again by 1.66%. As a result, the gap of Brent oil over WTI expanded: The premium ranged between $6.65 and…

Oil Weekly Outlook for August 19-23

Oil prices (WTI and Brent) continued their recovery and rose during the week: WTI rose by 1.41%; Brent oil, by 2.73%. As a result, the premium of Brent oil over WTI slightly expanded; the premium ranged between $2.86 and $3.78.…

Weekly Outlook of Financial Markets for August 12-16

The commodities markets are starting to pull up: Last week leading commodities including gold and silver rallied. Further, leading currencies including Aussie dollar and Japanese yen also appreciated against the US dollar during last week. Will the US dollar continue…