Crude Oil Price Creates a Range After Failing to Gain. Where to for WTI?

Crude oil prices consolidated into the week as the US Dollar appears vulnerable with debt ceiling uncertainty lingering and the possibility of the Fed being less hawkish. Lower WTI?

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Markets Week Ahead: Nasdaq, Gold, US Dollar; Debt Ceiling, US PCE, Germany Ifo, UK Inflation, RBNZ, Australia Retail Sales

US debt ceiling talks are likely to dominate sentiment after some of the optimism scaled back after reports on Friday that debt ceiling talks have hit a roadblock. Fed speak is expected to continue after mixed remarks from officials last week – some called for a pause while others pushed for more rate hikes. Powell, however, on Friday left the door open for a pause.

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Nasdaq 100, Dow Jones, S&P 500 Forecast: US Indices Rally Facing Key Technical Hurdles

US Indices continued their rise this week as large cap Tech stocks continue to lead the way. There are key technical hurdles ahead which begs the question, can the rally continue?

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