Forex News

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Rebound Ahead Of The Weekend

Oil markets are moving higher as traders focus on tariff news.

Fri, 16 May 2025 14:10:24 -0400

United States Baker Hughes US Oil Rig Count fell from previous 474 to 473

United States Baker Hughes US Oil Rig Count fell from previous 474 to 473

Fri, 16 May 2025 13:02:00 -0400

ECB's Lane queries value of publishing economic scenarios

European Central Bank chief economist Philip Lane argued on Friday that publishing alternative economic scenarios alongside the ECB's economic projections may raise more problems than it solves.

Fri, 16 May 2025 12:02:53 -0400

Russia Consumer Price Index (MoM) fell from previous 0.65% to 0.4% in April

Russia Consumer Price Index (MoM) fell from previous 0.65% to 0.4% in April

Fri, 16 May 2025 12:00:56 -0400

Canadian Inflation in April Likely Saw a Big Drop as the Carbon Tax Ended

April's inflation reading for Canada on Tuesday will be distorted again by tax changes with the removal of the consumer carbon tax on energy products at the start of the month. This builds upon previous distortions caused by the federal GST tax break between December 2024 and February 2025.

Fri, 16 May 2025 11:03:40 -0400

Crude Oil Price Outlook – Crude Continues to Consolidate

The oil markets continue to consolidate overall, as we are trying to form a longer-term base at this point in time. The markets are a little overdone to the downside from a longer-term perspective, so we are looking for a potential trend change.

Fri, 16 May 2025 10:40:08 -0400

US UoM Consumer Sentiment Index is seen at 50.8 in May

US consumer sentiment weakened in early May, according to the University of Michigan's preliminary survey. The Consumer Sentiment Index fell to 50.8 from 52.2 in April, undershooting market expectations and markin a decline in household confidence.

Fri, 16 May 2025 10:17:04 -0400

US UoM consumer sentiment falls to 50.8, inflation expectations surges to 7.3%

US consumer sentiment deteriorated again in early May, with University of Michigan's index falling from 52.2 to 50.8, its lowest level since mid-2022 and well below expectations of 53.0.

Fri, 16 May 2025 10:11:36 -0400

The Week Ahead – Sticky Inflation Leaves a Sour Taste

The Nasdaq 100 (NAS 100) continues the recovery Indices remain buoyant as we head into another week of potential growth. The Nasdaq 100 (NAS 100) remains in bullish mode after almost making a 100% recovery from the sell-off that happened in March.

Fri, 16 May 2025 10:08:32 -0400

Crude Oil –16.05.2025

Crude Oil hit the targets of 61.50 and resistance 63.50 whilst dropping and closing again to support zone of 59.50-90. As we see over the chart and as long as the market holds above the support of 59.50-90, another advance wave toward 63.20-50 and 64.80 will be expected.

Fri, 16 May 2025 10:06:17 -0400

Natural Gas Weekly Price Outlook – Tough Week for Natural Gas

The natural gas markets had a tough week, as we are now looking at the time of year when demand falls significantly. With this, the markets are now threatening the 200 Week EMA, and a potential move to the $3 level below.

Fri, 16 May 2025 10:01:41 -0400

United States Michigan Consumer Expectations Index came in at 46.5, below expectations (48) in May

United States Michigan Consumer Expectations Index came in at 46.5, below expectations (48) in May

Fri, 16 May 2025 10:00:17 -0400

United States UoM 1-year Consumer Inflation Expectations climbed from previous 6.5% to 7.3% in May

United States UoM 1-year Consumer Inflation Expectations climbed from previous 6.5% to 7.3% in May

Fri, 16 May 2025 10:00:13 -0400

United States Michigan Consumer Sentiment Index came in at 50.8 below forecasts (53.4) in May

United States Michigan Consumer Sentiment Index came in at 50.8 below forecasts (53.4) in May

Fri, 16 May 2025 10:00:05 -0400

United States UoM 5-year Consumer Inflation Expectation climbed from previous 4.4% to 4.6% in May

United States UoM 5-year Consumer Inflation Expectation climbed from previous 4.4% to 4.6% in May

Fri, 16 May 2025 10:00:05 -0400

Argentina's black market for dollar falters as President Milei dismantles currency controls

Argentina's Downtown Buenos Aires is home to a thriving underground network of cash merchants known as arbolitos. However, their business is seeing a rapid downturn.

Fri, 16 May 2025 09:57:15 -0400

Natural Gas News: Market Eyes 200-Day Moving Average in Bearish Technical Forecast

Natural gas futures fall for a fourth session as traders eye support at the 200-day average, with bearish forecasts and storage builds pressuring prices.

Fri, 16 May 2025 09:45:23 -0400

Natural Gas Price Outlook – Natural Gas Continues to Slump

The Friday session was more of the same weakness for the natural gas market, as we are now threatening to break below the crucial 200 Day EMA. This could open up a move to the $3 level below, as the demand is dropping overall.

Fri, 16 May 2025 09:32:37 -0400

Russia Foreign Trade rose from previous $10.5B to $11.756B in March

Russia Foreign Trade rose from previous $10.5B to $11.756B in March

Fri, 16 May 2025 09:31:59 -0400

Mexican Peso trims some of Banxico-related losses following interest-rate cut

Mexican Peso trims some of Banxico-related losses following interest-rate cut

Fri, 16 May 2025 08:42:02 -0400

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