For a Clear View On Risk, Check Out the NQ E-mini
As always, whenever there is a market correction, and for whatever reason, the bears take heart, emerging from the undergrowth to call the top of the market once more!
Syria
Brent Steady, Supply Still Weighs On Prices
Brent crude (BNO, quote) oil traded steadily at $102.10 at 8:10 GMT as the global supply glut weighed on prices.
Brent Remains Below $103 Despite Tightening Supplies
Brent crude oil (BNO, quote) was steady on Wednesday morning after briefly rising overnight, but waning demand in both China (FXI, quote) and Europe (FEZ, quote) coupled with declining U.S. crude imports kept a lid on gains.
Brent Slides On Weak Chinese Exports
Brent crude oil lost its momentum on Tuesday morning after demand woes outweighed worries about the ongoing tension in Syria.
A tale of two commodities – oil and gold
An interesting phase of price action for two of the most precious commodities over the last few days, with both gold and oil, testing key tipping points on the daily chart.