EMDE5

EMDE5

Technically going to check the London sessions bottom.Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 2.6 million barrels to 442.3 million barrels in the week ended April 4, and were about 5% below the five-year average for the time of year, the EIA said. Analysts surveyed by The Wall Street Journal had predicted crude stockpiles...

EMDE5

On the upside, the 55-day Simple Moving Average (SMA) at $81.31 and the descending trendline at $81.85 are forming an area with a lot of resistance.

EMDE5

size completion. If gold bulls step in at the $2,400 psychological mark, then yellow metal could see a rally to an all-time high near $2,432, en route to the $2,500 figure. On the flip side, the first downside target will emerge at the resistance-turned-support level at $2,340. Extended losses for gold price expose XAU/USD to a potential support level at the...

EMDE5

size completion. The black gold edges higher amid optimism about rising demand in China and the US, the world's two biggest crude-consuming nations. China’s crude oil imports rose by 5.45% in April compared to the same month last year, indicating an encouraging improvement in demand, China's official statistics showed on Thursday. The improved China Trade Balance...

EMDE5

Time Cur. Imp. Event Actual Forecast Previous Wednesday, March 27, 2024 00:30 USD Atlanta Fed GDPNow (Q1) 2.1% 2.1% 2.1% 01:00 USD 5-Year Note Auction 4.235% 4.320% 03:00 EUR ECB's Lane Speaks 04:30 USD API Weekly Crude Oil Stock 9.337M -1.519M 20:30 EUR ECB's Elderson Speaks 22:30 USD Crude Oil Inventories ...

EMDE5

Time Cur. Imp. Event Actual Forecast Previous 20:30 USD Export Price Index (MoM) (Feb) 0.2% 0.8% 20:30 USD Import Price Index (MoM) (Feb) 0.3% 0.8% 20:30 USD NY Empire State Manufacturing Index (Mar) -7.00 -2.40 21:15 USD Industrial Production (MoM) (Feb) 0.0% -0.1% 21:15 USD Industrial Production (YoY) (Feb) 0.03% 22:00 ...

EMDE5

20:30 USD Core Retail Sales (MoM) (Feb) 0.5% -0.6% 20:30 USD Initial Jobless Claims 218K 217K 20:30 USD PPI (MoM) (Feb) 0.3% 0.3% 20:30 USD Retail Control (MoM) (Feb) -0.4% 20:30 USD Retail Sales (MoM) (Feb) 0.8% -0.8% 22:00 USD Business Inventories (MoM) (Jan) 0.2% 0.4% 22:00 USD Retail Inventories Ex Auto (Jan) 0.3% 0.4%

EMDE5

1h-4h Time Cur. Imp. Event Actual Forecast Previous 20:30 USD Continuing Jobless Claims 1,900K 1,906K 20:30 USD Core PPI (MoM) (Feb) 0.2% 0.5% 20:30 USD Core Retail Sales (MoM) (Feb) 0.5% -0.6% 20:30 USD Initial Jobless Claims 218K 217K 20:30 USD PPI (MoM) (Feb) 0.3% 0.3% 20:30 USD Retail Control (MoM) (Feb) -0.4% 20:30 ...

EMDE5

fill main size wave tp around 78.7 sl around 78.0 Core CPI (MoM) (Feb) 0.4% 0.3% 0.4% Core CPI (YoY) (Feb) 3.8% 3.7% 3.9% CPI (YoY) (Feb) 3.2% 3.1% 3.1% CPI (MoM) (Feb) 0.4% 0.4% 0.3%