box Archives - 0724WRB

2025-08-08 11:06:00 admin

Natural Gas Price Prediction: Key Support Holds as Bullish Reversal Signals Potential Rally Ahead

Confluence of long-term support and three-day reversal signal potential shift in sentiment in support of the bulls.Natural gas continues to show signs of strength following Wednesday’s bullish three-day reversal trigger. The pattern remains intact, and Thursday’s price action reinforces the developing bullish structure. The day’s low of $3.04 marked a successful test of support at a short-term downtrend line that had previously functioned as resistance. That level held firm, supporting the case

2025-08-06 16:01:00 admin

API Draw Lifts WTI Crude Prices While OPEC+ Production Cuts Limit Gains – Natural Gas and Oil Market Forecast

Key Points:WTI rebounds above $65 after a surprise 4.2M barrel drop in U.S. inventories, signaling stronger demand.Natural gas futures face bearish pressure, trapped under key EMAs with no breakout above $3.03 in sight.OPEC+ to raise oil output by 547,000 barrels/day in September, reviving oversupply concerns.Market OverviewWTI crude oil rebounded above $65 per barrel on Wednesday, snapping a four-day decline amid renewed geopolitical tensions and tighter U.S. supply data. A sharper-than-expecte

2025-08-05 18:14:34 admin

Dow Jones Today: Nvidia and Microsoft Lead Blue Chip Rebound Despite Weak Jobs Data – Market Rally Analysis

Key Points:Dow Jones surges 467 points as traders buy the dip following weak U.S. jobs report and tariff concerns.Nvidia, Microsoft, and Goldman Sachs lead Dow gainers, signaling a strong rebound in tech and financial stocks.Analysts warn bank stocks may face renewed pressure if unemployment continues to rise in the coming weeks.Dow Soars Over 450 Points as Traders Buy the Dip After Jobs MissDaily E-mini Dow Jones Industrial AverageThe Dow Jones Industrial Average surged 467 points on Monday, up

2025-08-01 16:39:00 admin

PCE Data Shows Sharp Inflation Rise – Will the Fed Delay Interest Rate Cuts in 2024?

Key Points:June PCE inflation rose 0.3%, marking the largest monthly increase since February and pointing to renewed price pressures.Core PCE, the Fed’s preferred measure, climbed 0.3% in June and remained steady year-over-year at a high 2.8%.Tariff-related inflation is finally surfacing, suggesting trade policy effects are becoming embedded in supply chains.PCE Index Posts Largest Monthly Gain Since FebruaryInflation accelerated in June, with the Personal Consumption Expenditures (PCE) index ri

2025-08-01 16:36:00 admin

U.S. Personal Income and Spending Rise in June: What It Means for Fed Rate Decisions and Inflation Outlook

Key Points:U.S. personal income rose $71.4B in June, with disposable income up 0.3%, fueled by wages and social benefits.Consumer spending climbed $69.9B, with solid gains in both goods and services, signaling broad consumption strength.The report signals no signs of consumer stress, supporting a soft-landing scenario and steady demand outlook.Income Growth Steady as Compensation and Transfers IncreasePersonal income in the U.S. rose by 0.3% in June, a $71.4 billion increase, according to the Bu

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