Crude oil prices are moving slightly lower as a major supply shock in the United States continues. Meanwhile, crude oil is forming an Ascending Wedge, potentially threatening recent gains.
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Crude oil prices are moving slightly lower as a major supply shock in the United States continues. Meanwhile, crude oil is forming an Ascending Wedge, potentially threatening recent gains.
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Find out how to use the Consumer Price Index to make informed trading decisions.
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The Nasdaq 100 index tumbled on Monday as rising inflation concerns catalyzed profit-taking activity among the tech stocks. Asia-Pacific markets may follow a sour US lead lower.
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AUD/USD is slightly weaker but remains near multi-month highs as the currency pair eyes Chinese inflation data amid surging iron ore prices and a weak US Dollar.
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Gold price volatility is heating up as outlook for the precious metal improves. This has largely mirrored lower real yields – the difference between nominal interest rates and inflation expectations.
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