Fundamental Events Threaten Price Stability

Event Risk USD Powell’s Congressional Testimony is Released: Tuesday @ 8:30 am EST USD Advance Goods Trade Balance: Tuesday @ 8:30 am EST USD Durable Goods Orders: Tuesday @ 8:30 am EST USD [...]


Hedge Funds Hold Net Positioning Steady Despite Fall in Crude Prices

Economic Indicators: FOMC Meeting Minutes from January 31 meeting: February 21 @ 2:00 pm EST GBP Gross Domestic Product 4Q: February 22 @ 04:30 am EST JPY National Consumer Price Index: February [...]


Oil Falls as US Production Rises; Declining Exports Point to Continued Builds

WTI futures have fallen roughly 10% since January 25th as US oil production ramps up. Recent reports out of the EIA show production climbing to 10.251 million bpd from 9.919 million bpd. WTI, [...]

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Inventory Build and US Dollar Strength Entice Crude Oil Bears; Venezuela’s Declining Production Threatens Country’s Stability

Crude Oil & ULSD EIA estimates for commercial crude inventories showed its first build in 11 weeks. Initial analyst estimates expected a build of 100,000 but were surprised with a build of [...]