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Crude Oil

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Markets Turn Risk-Off as Oil Surges, Dollar Strengthens and Inflation Concerns Mount – Comments from Century Financial

U.S. Markets  A fragile ceasefire, followed by the failure of the peace talks over the weekend, has sparked fresh volatility in global markets. In today’s session, the S&P 500 is down by almost 0.75% after Trump said US forces will begin clearing any mines in the Strait and will implement a blockade. This has further increased concerns […]
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Oil Rebounds and Gold’s 10-Day Slump – Dissecting the Market’s Reaction to the Middle East

U.S. Markets  U.S. equity markets are attempting a rebound, with the S&P 500 recovering toward the $6,590 level, up 1.15% yesterday after recent sharp declines. The move comes after President Trump’s decision to delay strikes on Iranian infrastructure, which briefly eased geopolitical concerns and triggered a short-covering rally. However, the broader backdrop remains
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Markets Shrug Off Oil Risks Ahead of Fed, but Technical Weakness and Dollar Strength Signal Caution: Comments from Century Financial

U.S. Markets  The SPX Index and NDX Index are both up 0.50% and 0.65% today, respectively, and are currently trading at $6,757 and $24,955.   From a fundamental standpoint, according to Axios, as long as Iran blocks oil supplies, the U.S. cannot declare the conflict over. US allies are currently refusing to join a coalition […]
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Stocks Rebound as Oil Surges on Middle East Tensions; Dollar Firms, Gold Steady – Comments from Century Financial

U.S. Markets  U.S. equity markets declined about 1.90% last week after a weak labour market report rattled investor confidence. The February Non-Farm Payrolls (NFP) data showed the U.S. economy lost 92,000 jobs, compared with expectations of a gain of 58,000, signalling an unexpected slowdown in employment growth. Following the data, the Dow Jones Industrial Average […]