UNCOVERED: 3 - The Untold Story

Crude Prices Underpinned by Tight Supplies and Global Economic Strength

September WTI crude oil (CLU23 ) this morning is up +1.01 (+1.25%), and Sep RBOB gasoline (RBU23 ) is down -0.93 (-0.42%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-1/2 month high. Crude prices are underpinned by recent supply cuts from OPEC+ and...

Barchart · Jul 31, 2023

Editorial: How to Best Understand an Economic Recovery’s Ups and Downs

Private sector economics forms the backbone of the ongoing recovery. How well these companies do serves as the ultimate yardstick in measuring policy effectiveness

Caixin Global · Jul 31, 2023

Crude Settles Higher on Dollar Weakness and U.S. Energy Demand Optimism

September WTI crude oil (CLU23 ) on Friday closed up +0.49 (+0.61%), and Sep RBOB gasoline (RBU23 ) closed up +0.61 (+0.21%). Crude oil and gasoline prices Friday posted moderate gains, with crude climbing to a 3-1/4 month high and gasoline climbing to a 9-month high. A weaker dollar Friday...

Barchart · Jul 28, 2023

Crude Under Pressure on a Smaller-Than-Expected Draw in EIA Inventories

September WTI crude oil (CLU23 ) this morning is down -0.23 (-0.29%), and Sep RBOB gasoline (RBU23 ) is up +5.32 (+1.89%). Crude oil and gasoline prices this morning are mixed. Crude prices are modestly lower after weekly EIA crude inventories fell less than expected. Also, the Fed's expected 25...

Barchart · Jul 26, 2023

Markets Today: Stocks Retreat on Disappointing Earnings from Microsoft and Texas Instruments

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.18%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.32%. Stock indexes this morning are moderately lower as technology stocks retreat on disappointing earnings results from Microsoft and Texas Instruments. Also, long liquidation and position-squaring...

Barchart · Jul 26, 2023

Chinese and Russian officials to join North Korean commemorations of Korean War armistice

Both Russia and China are sending government delegations to North Korea this week for events marking the 70th anniversary of the armistice that halted fighting in the 1950-53 Korean War

The Independent UK · Jul 25, 2023

Crude Moves Higher on Improved Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) on Tuesday closed up +0.89 (+1.13%), and Sep RBOB gasoline (RBU23 ) closed down -4.28 (-1.51%). Crude oil and gasoline prices Tuesday settled mixed, with crude posting a 3-month nearest-futures high. Crude found support Tuesday on optimism of stronger Chinese energy demand after China...

Barchart · Jul 25, 2023

Crude Gains on the Prospects for Additional China Stimulus

September WTI crude oil (CLU23 ) this morning is up +0.61 (+0.77%), and Sep RBOB gasoline (RBU23 ) is down -4.46 (-1.57%). Crude oil and gasoline prices this morning are mixed, with crude climbing to a 3-month nearest-futures high. Crude found support today after China signaled further measures to bolster...

Barchart · Jul 25, 2023

Can China’s Economic Policies Spark a Growth Rebound?

China’s Shanghai Composite Stock Index ($CHSC ) rallied by more than +2% today to a 1-week high as market sentiment improved after this week’s Politburo meeting laid out a pre-growth tone that was more dovish than markets expected. The Chinese Communist Party’s 24-member Politburo, the country’s top decision-making body led...

Barchart · Jul 25, 2023

Dow Jones Extends Winning Streak, Asian Markets Rise On Chinese Economic Boost

US markets continue to climb, fueled by earnings reports and Fed meeting, while Chinese stocks surge on government support.

Zenger · Jul 25, 2023