Crude Oil Prices Climb on Falling Stockpiles, Easing Lockdowns in the US and Europe
A large draw in API crude inventories sent oil prices higher on Wednesday alongside economic reopening optimism in the US and the UK. Viral resurgence in parts of Asia remain a wildcard for oil tra...
Gold Prices May Rise Despite Muddled Yellen Remarks and Here is Why
Gold prices stabilized after US Treasury Janet Yellen clarified that she isn’t forecasting interest rate hikes in the near term. Rising inflation expectations, falling real yields and a viral resur...
Natural Gas Outlook: Path Higher Brightens on Cooler Temps, Trendline Recapture
Natural gas prices moved higher, capturing a long-term trendline that could support the heating commodity's price in the coming weeks as colder temps support fundamental side.
Nasdaq 100 Tumbles as Yellen Comments About Rate Hikes, Hang Seng and ASX 200 May Fall
Nasdaq 100 index plunged 1.85% as US Treasury Secretary Janet Yellen said interest rates may have to rise moderately as a recovery strengthens. The Hang Seng and ASX 200 indexes may follow lower.
Sentiment Indicators: Using IG Client Sentiment
IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.
New Zealand Dollar Forecast: NZD/USD Launches Higher on Stellar Q1 Jobs Report
NZD/USD shifted higher following an upbeat Q1 jobs report that showed New Zealand unemployment falling faster than expected.
US Dollar Outlook: DXY Index Recoils Higher – Where to Next?
The US Dollar snapped back higher on Tuesday to reverse prior session losses. Can the DXY Index overcome nearside technical resistance or will US Dollar bears throttle the Greenback lower?
Nasdaq 100 Nosedives as Dow Jones Holds Firm, is the Rotation Trade Back?
Technology stocks and the Nasdaq 100 nosedived Tuesday as the Dow Jones and industrial-facing stocks inched higher. The disjointed price action reawakened discussion around a popular macro trade.
Dogecoin Rockets 30% as Crypto Traders Flee Bitcoin, Ethereum
Dogecoin (DOGE/USD) briefly pierced the $0.60 price level thanks to today's massive 30% gain that crippled Robinhood's platform. Ethereum is pulling back from its record and Bitcoin keeps lagging.
NZD/USD Confined by March Range Ahead of New Zealand Employment Report
New Zealand’s Employment report may keep NZD/USD confined within the March range as the fresh figures are anticipated to show a slowing recovery in the labor market.