check Archives - 0724WRB

2025-08-08 11:20:00 admin

EIA Reports Smaller-Than-Expected 7 Bcf Natural Gas Storage Build, Impacting Market Prices

Key Points:Working gas in storage increased by +7 Bcf from the previous week.At current levels, stocks are +173 Bcf above the five-year average for this time of the year. Weather forecasts indicate that demand for natural gas will increase. On August 7, 2025, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage increased by +7 Bcf from the previous week, compared to analyst forecast of +15 Bcf. In the previous week, working gas in storage increased

2025-08-07 15:25:00 admin

WTI Oil Prices Hit $66.00 as U.S. Crude Inventories Plunge 3 Million Barrels – Market Impact Analysis

Key Points:Strategic Petroleum Reserve increased from 402.7 million barrels to 403.0 million barrels. Domestic oil production declined from 13.314 million bpd to 13.284 million bpd. Oil prices moved higher as traders reacted to the EIA report. On August 8, 2025, EIA released its Weekly Petroleum Status Report. The report indicated that crude inventories declined by 3 million barrels from the previous week, compared to analyst consensus of -1.1 million barrels. At current levels, crude inventorie

2025-08-06 10:54:00 admin

U.S. ISM Services PMI Falls to 50.1 Near Contraction as S&P 500 Hits Session Lows – Key Market Reaction & Analysis

Key Points:ISM Services PMI decreased from 50.8 to 50.1.New Orders Index declined from 51.3 to 50.3.Employment Index pulled back from 47.2 to 46.4.On August 5, 2025, the Institute for Supply Management released ISM Services PMI report for July. The report indicated that ISM Services PMI declined from 50.8 in June to 50.1 in July, compared to analyst forecast of 51.5. Numbers above 50 show expansion.More information in our economic calendar.New Orders Index declined from 51.3 in June to 50.3 in J

2025-08-02 10:23:00 admin

ISM Manufacturing PMI Falls to 48.0: What It Means for the S&P 500 and Market Outlook

Key Points:ISM Manufacturing PMI declined from 49.0 to 48.0.S&P Global Manufacturing PMI decreased from 52.9 to 49.8.Michigan Consumer Sentiment improved from 60.7 to 61.7.On August 1, 2025, the Institute for Supply Management released ISM Manufacturing PMI report. The report indicated that ISM Manufacturing PMI declined from 49.0 in June to 48.0 in July, compared to analyst forecast of 49.5. Numbers below 50 show contraction.More information in our economic calendar.New Orders index increased f

2025-08-01 17:04:00 admin

Unlock Crypto Trading Secrets: How Smart Investors Use On-Chain Data for a Competitive Edge

IntroOn-chain data turns crypto into an open book: learn how to analyze whale transfers, stable-coin inflows, funding-rate flips and much more.What if I told you that every single Bitcoin whale movement, every institutional accumulation phase, and every major market shift leaves digital fingerprints that you can track in real-time?Welcome to the world of on-chain data – where blockchain transparency has accidentally created the most democratic financial intelligence system in history.I’ve been t

2025-08-01 16:33:00 admin

EIA Reports Larger-Than-Expected Natural Gas Storage Build of 48 Bcf, Surpassing Analyst Forecasts

Key Points:Working gas in storage increased by +48 Bcf from the previous week. At current levels, stocks are +195 Bcf above the five-year average for this time of the year. Natural gas prices attempt to settle below the support at $3.00 – $3.05.On July 31, 2025, EIA released its Weekly Natural Gas Storage report. The report indicated that working gas in storage increased by +48 Bcf from the previous week, compared to analyst forecast of +38 Bcf. In the previous week, working gas in storage incre

2025-06-30 15:35:00 admin

Silver Price Forecast: When Will the Next Rally Begin? Key Catalyst Needed to Break $35.40 Resistance | FXEmpire

Key Points:Traders eye key $35.40 support; a break could trigger a normal correction down to the $32.81 retracement level.Fed rate cut hopes stall silver rally near $35.99 as traders await jobs data for the next breakout catalyst.Silver holds strong gains in 2025 but needs clear catalysts like weaker jobs data to fuel the next rally.Fed Rate Cut Hopes Keep Silver in CheckSilver (XAG/USD) closed last week nearly flat at $35.99, holding most of its strong gains this year but struggling to push hig

2025-06-30 15:04:00 admin

Michigan Consumer Sentiment Jumps to 60.7 as SP500 Nears Record Highs – Market Optimism Grows

Key Points:Index of Consumer Sentiment improved from 52.2 to 60.7.Current Economic Conditions increased from 58.9 to 64.8.Index of Consumer Expectations grew from 47.9 to 58.1.On June 27, 2025, the University of Michigan released the final reading of Michigan Consumer Sentiment report for June. The report indicated that Michigan Consumer Sentiment increased from 52.2 in May to 60.7 in June, compared to analyst forecast of 60.5.More information in our economic calendar.Current Economic Conditions

2025-06-27 18:21:00 admin

WTI Oil Prices Attempt Recovery After 5.8 Million Barrel Crude Inventory Draw Sparks Market Rebound

Key Points:Strategic Petroleum Reserve increased from 402.3 million barrels to 402.5 million barrels. Domestic oil production grew from 13.431 million bpd to 13.435 million bpd. Oil prices try to gain upside momentum after the release of the EIA report. On June 25, 2025, EIA released its Weekly Petroleum Status Report. The report indicated that crude inventories declined by -5.8 million barrels from the previous week, compared to analyst consensus of -0.75 million. At current levels, crude inven

2025-06-27 18:09:00 admin

EIA Reports Larger-Than-Expected Natural Gas Storage Build of 96 Bcf, Surpassing Analyst Forecasts

Key Points:Working gas in storage increased by +96 Bcf from the previous week. At current levels, stocks are +179 Bcf above the five-year average for this time of the year. Weather forecasts point to high demand for natural gas, but rising storage levels may put material pressure on prices. On June 26, 2026, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage increased by +96 Bcf from the previous week, compared to analyst forecast of +88 Bcf. In

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