|Day's Range||0.00 - 0.00|
A growing list of American businesses are severing ties with the National Rifle Association (NRA). But among its partners, arguably the most valuable is still by their side: Oklahoma-based Ackerman McQueen, the NRA’s longterm advertising and PR agency. For decades, this firm has honed the pro-gun narrative, establishing gun rights as a core value for…
Spot prices for liquified natural gas have hit three-year highs at the end of 2017, putting Australia’s number two gas producer in an ideal position
Adjusting interest rates has the potential to cause a chain reaction that can ripple through the economy, creating unforeseen impacts throughout every sector
The alt coins initially tried to rally but then rolled over a bit later in the session. Ultimately, this is a market that continues to struggle in general as Bitcoin will look very bearish going forward, and that of course will drag these markets down with them.
Based on the current trade, the direction of the index the rest of the session is likely to be determined by trader reaction to the uptrending Gann angle at 2721.00.
Gold prices held support levels, despite softer than expected data released out of the Eurozone this week. Eurozone inflation was confirmed at lower levels and Germany provided details of its Q4 expansion which showed that private consumption and capital investment were unchanged. Gold prices where nearly unchanged on Friday holding support near an upward sloping trend line that comes in near 1,325. Resistance on the yellow metal are seen near the 10-day moving average at 1,337. Momentum on the yellow metal is negative as the MACD (moving average convergence divergence) index recently generated a crossover sell signal.
Investing.com - Crude oil prices turned higher on Friday, supported by news of supply disruptions in Libya offset lingering worries over U.S. production levels.
Prices in Europe's biggest gas markets surged 50 percent this week ahead of a cold snap that will test the region's reduced supply options and make price spikes more likely as stocks run low. A late winter blast of cold in north-west Europe has left traders scrambling for gas in British, Dutch, Belgian and French markets after several setbacks to quick sources of supply in the region.
Cheniere Energy, Inc. (NYSEAMERICAN:LNG) finds itself poised for high growth. Few people outside the energy have heard of LNG stock. The fact that Tesla Inc (NASDAQ:TSLA) and their battery-powered car now have become a more popular alternative energy source almost may not matter.
Trader reaction to $2.633 will set the tone over the near-term. A bullish tone could develop on a sustained move over this level, and a bearish tone under it.
The gold prices a revived a bit during the Thursday’s session by breaking above the $1325 level again and is now looking towards to break above the $1335 level. In the alternate scenario, a break down below $1320 level will be negative for the market. The silver prices initially went sideways during the trading session on Thursday but got enough bullish pressure to shot higher at the end of the session as the US dollar dropped.
Investing.com - Crude oil prices were mixed on Friday, hovering close to more than two-week highs as traders were digesting the previous session's positive U.S. supply data.
Regional leaders launched construction work on the Afghan section of an $8 billion natural gas pipeline that will link the energy-rich Central Asian nation of Turkmenistan through Afghanistan to Pakistan and India. Ex-Soviet Turkmenistan holds the world's fourth-largest natural gas reserves but has been heavily dependent on gas exports to China after Russia cut back gas imports in the past few years.
The Ethereum tried to rally during the trading session on Thursday, but then turned around to fail significantly. The market looks as if it is trying to roll over, perhaps reaching down to the $700 handle which is also the 61.8% Fibonacci retracement level.
Silver markets initially went sideways during the trading session on Thursday, then exploded to the upside, reaching towards the $16.60 level.
China's imports of liquefied natural gas (LNG) hit record levels in January, as the world's most populous nation rushed to shore up supplies ahead of another cold snap and this month's Lunar New Year celebrations, while fuel exports also jumped. LNG imports totalled 5.18 million tonnes, compared with the previous record of 5.03 million tonnes set in December and up 51.2 percent from January, 2017, according to data on Friday from China's General Administration of Customs. Meanwhile, China's January gasoline exports soared by two thirds to 1 million tonnes from a year earlier and were just shy of December's all-time high of 1.23 million tonnes.
It is widely accepted that Natural Gas is a much cleaner fuel than coal or oil, but there is still plenty of room for improvement for this key energy source