Natural Gas Clings to $2 as Bears Eye Last Vestige of Support
$2 support is the last major defense line for gas longs; market is now around $2.40 US gas storage seen up 12% year-on-year, despite last week’s forecast draw If gas goes below $2, the...
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2 Leading Dividend-Paying Tech Stocks to Buy Amid Current Climate
Confusion over the Federal Reserve’s rate outlook, a slowing economy, and elevated inflation will continue to dictate investor sentiment in 2023. I remain constructive on technology...
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‘Massively Squeezed’ Copper Seeks Mojo in an Uncertain Economy
Global copper supply being squeezed, major deficit forecast through 2030 Copper prices are down in Feb., after three months in the green Near-term copper story dictated by China vacuum on...
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Can India Fuel Economic Growth With a Diversified Energy Policy?
India is set to overtake China as the world’s most populous country as early as this year, says the UN As such, the country’s energy consumption is of major importance to energy...
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Pound to South African Rand Rate Buoyant but Beware of SONA Surprise
"An FX positioning washout could also clear the way to get long exposure to ZAR, which is now the cheapest EM currency on HFFV [high-frequency fair value]. Short CHFZAR is a nice carry...
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Rand Report: Rand Softens as Major Central Banks Raise Rates
The South African Rand remained subdued in the forex markets, with poor economic conditions preventing the ZAR from gathering any sustained momentum. With a lack of significant local data,...
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Gold/Silver Anxiety: How Will Powell React to Latest U.S. Jobs Report?
Powell to address the Economic Club of Washington DC at 12:00 ET (17:00 GMT) Fed Chair could express surprise at the resilience of January non-farm payrolls Powell could also say Fed’s...
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Commodities Week Ahead: Oil, Gold to Stay Volatile as Eyes Next on Fed’s Powell
Impact of January US jobs report still making its way through markets Worry about how Fed’s rate-hike consolidation will go weighs on investors Oil, gold make nominal advance;...
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1 Stock to Buy, 1 Stock to Dump This Week: Pinterest, PayPal
Fed Chair Powell and earnings will again drive markets in the week ahead. Pinterest stock is a buy with upbeat earnings on tap. PayPal shares are set to struggle amid weak results, sluggish...
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2 Standout Dividend Growth Stocks to Buy and Hold in 2023
Fixed-income stocks have outperformed the broader market by a wide margin in the past 12 months. I remain positive on companies with growing dividend payouts, strong fundamentals, and high...
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Gold’s ‘Golden Question’: Is $2,000 Nearer Than Ever?
Gold futures reached a 9-month high of $1,975; spot gold at nearly $1,960 A weaker-than-expected reading for nonfarm payrolls could help gold reach $2,000 The Dollar Index is at a 10-month...
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Global Oil Demand Should Continue to Grow, Despite BP Report Stating Otherwise
BP (LON:BP) has recently released its 2023 Energy Outlook The energy giant says oil demand will likely decrease or plateau in the years ahead However, there’s no actual indication of...
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The Furious Debate in Natural Gas: Is This Market 'Efficient'?
Gas hits 21-month low at mid-$2 level despite freezing temperatures Gas bulls say the plunge is illogical, bears say fundamentals at work Short sellers point to beefy gas storage,...
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2 Tech Stocks to Buy as Fed Pivot Hopes Rise on Peak Inflation Bets
The Nasdaq has gotten off to a strong start in 2023, outperforming the Dow and S&P 500 by a wide margin. High-growth tech stocks have come back in favor, thanks to easing inflation and...
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Traders Send Wheat Prices Spiking as Allied Tanks, Aid to Roll Into Ukraine
After four straight weeks of losses, wheat hits near one-month high Wheat’s peak comes on news that U.S. and German tanks are to roll into Ukraine If the upside stays, wheat’s extended...
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Growth Potential of China ETFs
China’s economy stalled last year amidst strict lockdowns related to Zero-Covid policies, in addition to an ailing property market. This weighed on Chinese stocks, with the iShares...
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Rand Report: Rand Slides Further Amidst Dovish SARB Action
The South African Rand continued to soften last week as concerns about the local economy deter investors away from the region. Dovish monetary action has also added weight to the ZAR. It was...
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The Russian Oil Deal: Hope for Saudi Arabia, Cheap Barrels for India and China
Russia tells Saudis what they want to hear while selling oil at rock-bottom prices Moscow’s situation underscores the difficulty of fighting G7’s $60 per barrel price cap New...
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Commodities Week Ahead: Oil, Gold in Data-Overload Week of Fed to OPEC
OPEC meeting likely to maintain Dec output targets, weighing on crude prices Projected Fed rate hike of 25 bps to lead action across markets, including in gold US December jobs report,...
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1 Stock to Buy, 1 Stock to Dump This Week: Caterpillar, Peloton
Fed rate decision, Mega-cap tech earnings, U.S. jobs report in focus. Caterpillar shares are a buy amid strong profit and sales growth. Peloton stock set to underperform amid sluggish...
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2 Dividend Stocks to Help You Beat the Market in 2023
Uncertainty over the Federal Reserve’s monetary tightening plans and persistently high inflation continue to impact investor sentiment. I remain optimistic about companies with strong...
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Lingering Inflationary Impulses May Call for More Fed Action
GDP data suggest the economy remains very strong However, there are signs that inflation may not go away easily This may call for more action by the Fed The latest quarterly GDP data suggest...
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Coffee Steaming Again After 4 Months in the Cold
Arabica hit a 3-week high after the 20-month bottom of $1.42 a lb on Jan. 11 Production in top coffee grower Brazil is overrated, say analysts Trader Volcafe says world expected to face 3rd...
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Hang Seng and China A50 Index Uptrends Confirm
The Hang Seng (Hong Kong) index has traded to its best levels since April 2022, following the Lunar New Year Holiday.Gains on the benchmark index have been led by the Hang Seng’s...
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Softer South African Rand Helps GBP/ZAR after Energy Woe Stifles SARB
"Given deteriorated growth prospects, the risk of currency weakness has increased" - South African Reserve Bank.A softening South African Rand helped to lift GBP/ZAR alongside USD/ZAR and...
