Tag: oil

Russian crude oil
January 11, 2023 BY Steffy Bogdanova

Daily market commentary: The dominating sentiment in the oil market is bearish

European Shares Stocks edged higher in Europe on Wednesday, extending gains registered by Asian benchmarks overnight, as bullish sentiment stays alive ahead of key macro data. Consumer cyclicals, real estate and energy shares led the way following the opening bell, while industrials and utilities registered slight losses on the old continent, as market sentiment remains…

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Daily Market Commentary
December 06, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude oil prices hedge down

European Shares Share markets fluctuated in Europe on Tuesday, following an Asian trading session closing on a mixed tone as positive sentiment from China offset uncertainties linked to the latest batch of US data. Traders continue to welcome the latest developments from China as Beijing continues to shift away from its zero-covid policy following its…

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Russian crude oil
November 29, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices rebound

The prospect of a return to normality, in an economy that is the world’s largest oil importer, was enough to make oil prices jump, in the first significant price rebound of the last two weeks. Ricardo Evangelista – Senior Analyst, ActivTrades Stocks traded mixed but with less volatility in Europe on Friday, read more... Disclaimer:…

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Daily Market Commentary
November 23, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices hedge higher

Should such plans go ahead, Moscow is likely to react by further restricting exports, in a move that could create scope for further gains in the price of the barrel. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a…

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August 08, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude oil prices are rising

European Shares European stocks climbed at the beginning of the trading session on Monday, alongside US futures while Asian shares closed on a mixed tone. Tech and energy shares were among the top performers following the opening bell as investors, pushed by a strong earnings season and the prospect of positive nuclear talks with Iran…

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Daily Market Commentary
August 03, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices are trading almost flat, after dropping nearly 4% during the two previous sessions

Oil Brent oil prices are trading almost flat this morning, after dropping almost 4% during the two previous sessions. The price of the barrel has been coming under pressure, as fears of a recession grow in Europe and the US, and China’s Covid-zero policy continues to affect activity, creating a scenario that entails a drop…

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Daily Market Commentary
July 29, 2022 BY Steffy Bogdanova

Daily market commentary: Stocks continued their rally in Europe, alongside US futures

European Shares Stocks continued their rally in Europe on Friday, alongside US futures, as market sentiment improved following reassuring macro data in addition to positive corporate results. While today’s trading optimism was initially sparked by strong Q2 reports from Apple and Amazon yesterday evening, this morning’s surprising GDP data from Spain and France are driving…

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