Bearish Signs in Crude Oil Again, As US WTI Dives Below $96
Crude Oil has been rejected by smaller MAs on the H1 chart, falling below $98 again, indicating strong selling pressure Full Article
Copper And Commodities Dive, As Recession Fears Take Over
Commodities such as Copper and Oil have been hit hard in recent days, as the risk sentiment turns negative again Full Article
Will the EU Fall in Recession As Business Climate And Consumer Sentiment Worsen?
The EU seems to be heading into recession as services slow down considerably as a result of surging prices Full Article
Forex Signals Brief for June 24: Global Economy Slows As Inflation Grows
Yesterday we saw another confirmation of the global economy heading into recession, as services and manufacturing softened worldwide Full Article
Greed Quickly Turns Into Fear for Crude Oil
Crude Oil is going through another crash today after stabilizing for two days, which indicates that the trend might have changed Full Article
Crude Oil Tumbles Toward $110, AS Recession Fears Increase
Crude Oil made the biggest bearish reversal this week since early March Full Article
Forex Signals Brief for May 30: Risk Sentiment Is On Again, Despite Global Recession Fears
Risk sentiment has turned on again, despite the UK services heading toward contraction and probably recession Full Article
Crude Oil Keeps the Bullish Momentum, Despite Global Growth Worries
Crude Oil tested the upside earlier today, despite fears of global recession growing after UK services slowed down considerably in May Full Article
Global Economy Set to Rebound in 2021, Poorer Nations to Hold Back Growth: World Bank
In its latest report, the World Bank has expressed hope that the global economy could post a rapid recovery from the coronavirus induced Full Article
Will a Third State of Emergency Drive Japan Into Recession?
A second back-to-back contraction in the second quarter would potentially represent a technical recession as Japan is suffering the fourth Full Article
Eurozone Economy to Contract in Q1 2021: Reuters Poll
Economists polled by Reuters indicate that the Eurozone economy is headed for a double-dip recession in the wake of the latest wave of the Full Article
IMF Downgrades UK’s Economic Forecast for 2021
The International Monetary Fund (IMF) has cut its growth forecasts for the UK severely for the current year, in the wake of the latest wave Full Article
Japan’s Government Optimistic About Latest Fiscal Stimulus Measures?
A recent report on Nikkei indicates that the Japanese government is set to turn more optimistic about its GDP forecast for the next fiscal Full Article
UK’s Economy to Experience Most Severe Contraction in Over 300 Years: OBR
Latest estimates by the OBR paint a worrying picture about the state of UK's economy in the wake of the coronavirus crisis, with the GDP Full Article
UK Economy to Contract in Q4 2020, Rebound Into Growth in 2021
Recent analysis by PwC reveals that the UK economy could witness a contraction in Q4 2020 by anywhere between 2.1% and 3.3%, while the Full Article
