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Monthly Archives: January 2022

Tonight’s EIA Data will Confirm Bullish Sentiment for Crude Oil

Written on January 20, 2022 at 6:35 am, by

On Wednesday night, January 19 (GMT+2), data released by the American Petroleum Institute (API) showed that U.S. crude oil inventories increased by 1.4 million barrels in the week of 14 January, while gasoline inventories increased by 3.5 million barrels. Meanwhile, distillate fuel stocks fell by 1.2 million barrels. In its latest report, the International EnergyContinue Reading

Fed Expected to Expedite Rate Hikes as US CPI Beats Expectations

Written on January 13, 2022 at 6:32 am, by

On January 12 (Wednesday) afternoon (GMT+2), the United States announced its year-on-year, not seasonally-adjusted Consumer Price Index (CPI) for December. US CPI rose 7% in 2021, the largest 12-month gain since 1982, according to data released by the Labor Department. CPI rose 0.5% month-on-month in December, slightly beating the market expectations of 0.4%. The strongContinue Reading

What To Look Out For When Picking A Forex Broker

Written on January 12, 2022 at 7:50 am, by

Some Features That A Good Forex Broker Would Have It is important to choose the right forex broker for a more effective forex trading experience. Read this article to find out some of the features that a good forex broker would have. The Cost of Trading: Spreads, Fees, and Swap Rates to Engage with theContinue Reading

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