Crude Oil Forecast: Attention Shifts to OPEC Production Cuts

Brent crude oil prices look to next week with forward momentum as markets await further information from OPEC their production projections for September.

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Fed’s Favorite Inflation Gauge Slows More than Expected in June, US Dollar Subdued

U.S. personal consumption expenditures accelerated in June, but core PCE inflation surprised slightly to the downside, creating a complex backdrop for the U.S. dollar.

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Gold, Silver Look for Support After Strong US Growth Propels the Dollar Higher

A massive upside beat in second quarter GDP out of the US left the door open for USD bulls to drive the market higher. Metals now trade lower ahead of the weekend

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Euro Stumbles Against a Resurgent US Dollar and Japanese Yen – EUR/USD and EUR/JPY Latest

Strong US economic data, a slight shift of focus by the BoJ, and a mildly dovish ECB are driving EUR/USD and EUR/JPY sharply lower.

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