Can Crude Oil Trade Above Weekly Resistance?
If Crude continues its recent rally, upside resistance looms.
Beyond the GRANOLAS: JPMorgan Picks 3 Top Stocks to Bet on Europe
The renowned brokerage firm weighed in on its top stock picks from the European market, which could offer investors better value than the outsized GRANOLAS group of equities at current levels.
Crude Prices Supported by Geopolitical Risks and Tighter Supplies
April WTI crude oil (CLJ24 ) on Friday closed up +1.71 (+2.19%), and Apr RBOB gasoline (RBJ24 ) closed up +3.34 (+1.29%). Crude oil and gasoline prices on Friday closed moderately higher, with crude posting a 3-3/4 month high and gasoline posting a 5-1/2 month high. A weaker dollar on...
Nat-Gas Prices Under Pressure as Above-Normal Winter Temps Continue
April Nymex natural gas (NGJ24 ) on Friday closed -0.025 (-1.34%). Nat-gas prices on Friday settled moderately lower. The outlook for above-average U.S. winter temperatures to persist is weighing on nat-gas prices. On Friday, NOAA said warm spring weather for the central and eastern U.S. regions will last into the...
Unveiling surprises in PCE inflation report
The recent Personal Consumption Expenditures (PCE) inflation report has unveiled some unexpected insights into the financial behavior of the average American. Contrary to expectations, the shock was not in the inflation rate but in the significant increase in personal income and the corresponding decrease in spending. These trends have substantial...