Crude Oil Forecast: Prices Eye EIA Inventory Data After Technical Outlook Improves

Oil prices gained as markets went into a risk-on stance after positive news over the Omicron variant. Energy traders have the EIA’s weekly inventory report in focus after the technical chart improves.

from DailyFX – Market News https://bit.ly/3IuFZvZ
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NZD/USD Rises After Wall Street Surge. Evergrande Risks Linger

The New Zealand Dollar rose versus the US Dollar as Wall Street stocks surged on fading Omicron risks. Meanwhile, China's Evergrande takes measures to address defaults amid turbulency.

from DailyFX – Market News https://bit.ly/3DtYgpn
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Gold Price Trades in December Opening Range Ahead of US Inflation Report

The update to the US Consumer Price Index (CPI) may prop up the price of gold as evidence of faster price growth pushes market participants to hedge against inflation.

from DailyFX – Market News https://bit.ly/3owmsmO
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