Crude Oil Prices Seesaw on Iraq Oil Well Attack, US Inventory Surge

Crude oil prices seesawed on news of an attack on two Iraqi oil fields and a shockingly large US inventory surge. The chart setup warns that a downturn may be ahead.

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S&P 500, Dow Jones Hinge On Stimulus Talks as Covid-19 Cases Surge

The S&P 500 and Dow Jones could be at risk of a more extended pullback as the absence of a much-needed fiscal support package, and climbing Covid-19 case numbers, weigh on sentiment.

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Copper Price Forecast: Chinese Demand, Weak USD May Lift the Red Metal into 2021

Copper prices are postured for the first weekly loss since October after the red metal rallied to its highest point since early 2013. The fundamental backdrop appears to support higher highs ahead,…

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Nasdaq 100 Falls Most In a Month, Nikkei 225 and Hang Seng May Drop

The Nasdaq 100 index tumbled over 2% as the US stimulus package appeared to have stalled whereas Covid vaccines are on course to be rolled out. Asia-Pacific markets are poised for a pullback.

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