WTI crude sees quick drop in fall below $90 5 (1)

French president Macron’s words here may be a bit of a trigger but honestly, I don’t see much in that to suggest that there is any material receding in tensions between Russia and Ukraine. Not when the Kremlin already sent out its own message earlier here.
But as mentioned earlier, oil could be faci

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Equities lose ground after cautious start earlier 0 (0)

European indices have erased opening gains to turn red now on the session, posting slight losses. The Eurostoxx is down 0.1%, the DAX down 0.1%, and CAC 40 down 0.2% currently. Meanwhile, US futures are also retreating with S&P 500 futures down 0.2%, Dow futures down 0.3%, and Nasdaq futures down 0.

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Heads up: ECB president Lagarde to speak later in the day 0 (0)

She will be delivering the introductory statement at the hearing before the Committee on Economic and Monetary Affairs at the European Parliament later today.I reckon she will touch on her latest economic views as well as the central bank’s outlook, perhaps also providing some remarks on policy. All

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Eurozone February Sentix investor confidence 16.6 vs 15.2 expected 0 (0)

Prior 14.9

A slight rise in euro area investor morale as the economic situation globally shows more signs of stabilisation in the battle against the omicron variant. The expectations reading also rose from 13.5 in January to 14.0 in February, marking the highest reading since July last year.

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Had this headline hit earlier it would have caused chaos 0 (0)

I’ve fired off a few mistaken headlines at ForexLive so I can sympathize but this was a doozy. I don’t think it hit the newswire and so the damage was minimal but it’s a reminder that even a great trade can get ruined by something as simple as a headline mistake. Go easy on the leverage.

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Biden restores Iran civilian nuclear sanctions relief in sign of deal progress. Watch oil 0 (0)

The weekly oil open will be the spot to watch after the Biden administration took a step towards thawing relations with Iran.

A group of nations are in what looks like the final stretch of negotiations towards reviving the Iran nuclear deal. The US restored a waiver that that had been

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Forexlive Americas FX news wrap: Strong US jobs reports shocks the market 0 (0)

US stocks end the day with mixed results. For the week, the major indices moved higher
Next week US CPI will be the release highlight
Major earnings releases for the week of February 7 to February 11
WTI crude oil settles at $92.31
What’s on the US economic calendar in the week

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