Oil’s busy day, No need for safe-havens keep gold grounded
[ad_1] Oil Oil prices went on a rollercoaster ride after inflation eased slightly, the resumption of oil flows through the Druzhba pipeline, and as US production rose to the highest…
Tech stocks lower after Micron’s warning, NFIB all about inflation, Housing Market cools, Oil pops,Bitcoin stuck in range
[ad_1] US stocks edged lower after a round of economic data reminded Wall Street that stagflation is here. Stocks won’t be able to do much as summer trading volumes are…
Oil pops, gold strong heading into inflation report
[ad_1] Oil Crude prices surged after Russian oil supplies were halted to Eastern Europe. A simple disruption that stemmed from Western sanctions that do not allow accepting transit fees from…
US Close – Stock rally faded, Nvidia’s warning, Oil rebounds, Gold above $1800, and Bitcoin eyes breakout
[ad_1] With persistent inflation and a strong labor market, the Fed is on a clear path to raise rates. This week is all about inflation and many traders are expecting…
NFP React: What economic slowdown? Jobs Shocker supports Fed 75bp argument for September, Stocks drop, Oil pares weekly losses, Gold rally ends, Bitcoin equity correlation ends
[ad_1] The July nonfarm payroll report delivered a juicy plot twist in the Wall Street’s Fed pivot playbook. Stubbornly high inflation and a global economic slowdown was expected to drag…