OIL PRICES AT CROSSROADS ON THE UPCOMING OPEC MEETING

Understanding OPEC

OIL PRICES AT CROSSROADS ON THE UPCOMING OPEC MEETING Harvest Global Markets : Oil prices are looking for confidence as the banking crisis gripped the US economy, we saw one of the biggest oil, petroleum futures and options liquidations in history. Now US officials seem more focused on convincing the people that this banking crisis is […]

BANK OF ENGLAND RAISES KEY RATE BY 25BPS TO 4.25%

BANK OF ENGLAND RAISES KEY RATE BY 25BPS TO 4.25% Harvest Global Markets : The Bank of England raised its key interest rate by another 25 basis points on Thursday to a new 15-year high of 4.25%, its latest step in a struggle to tame double-digit inflation in the U.K. Seven members of the nine-strong Monetary […]

GOLD PRICES TRADING NEAR 11- MONTH HIGH

GOLD PRICES TRADING NEAR 11- MONTH HIGH Harvest Global Markets : Gold bulls have been the greatest recipients of the worldwide financial emergency that has assumed control over the banks in the previous week. The yellow metal revitalized over 10% since March 8 and surpassed the 2,000 level on Monday during the European session prior to […]

NATURAL GAS PRICES TEST HISTORICAL LOWS AFTER SEVERE DEMAND DEFICIT IN EUROPE

NATURAL GAS PRICES TEST HISTORICAL LOWS AFTER SEVERE DEMAND DEFICIT IN EUROPE Harvest Global Markets : Natural Gas prices have been on a nose dive since the start of the year. NGAS was trading at around $4.30 in January 2023 and in just couple of weeks it has now broken the $2 support almost 50% down […]

GOLD (XAU-USD) & SILVER (XAG-USD) FUTURES TRADING IN A RANGE OVER KNIFE EDGE GEORGIA RACE

GOLD (XAU-USD) & SILVER (XAG-USD) FUTURES TRADING IN A RANGE OVER KNIFE EDGE GEORGIA RACE Harvest Global Markets : Gold gains were diminishing on Wednesday in Asian session as the dollar firmed with investors tracking two closely contested U.S. Senate runoff races in Georgia that will likely determine President-elect Joe Biden administration’s fiscal policy. U.S. gold […]

ANALYZING NASDAQ FUTURES CONTRACT AND POTENTIAL PRICE DIRECTION

ANALYZING NASDAQ FUTURES CONTRACT AND POTENTIAL PRICE DIRECTION Harvest Global Markets : The NASDAQ futures contract is a financial instrument that allows traders to speculate on the future price of the NASDAQ stock index. The NASDAQ is a tech-heavy stock index that is composed of some of the largest and most innovative companies in the world, […]