Alcohol is one of the most dangerous drugs, yet its presence is ubiquitous in social settings and celebrations 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
Trump has made more than $1 billion from crypto in a year. How? 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
 - EconoTimes)
The energy segment over the last year remained the worst performer. Performance this week at a glance in chart & table -
- Oil (WTI) - Crude oil outlook remain bearish amid an oversupply & low demand. Recent cut down by companies yet to have an impact. WTI is currently trading at $49.6/ barrel. Immediate support lies at 48 and resistance at 54.
- Oil (Brent) - As WTI suffers from a rise in US production & inventory built up the Brent-WTI spread is trading close to $10. Brent is currently trading at $59.5/barrel. Immediate support lies at 58 & resistance at 63.
- Natural Gas - Natural gas price trend is more seasonal than any other commodity. This year's relative warm weather and relatively higher stock built up has kept the price subdued. Natural gas is currently trading at $ 2.88/mmbtu. Immediate support lies at 2.77 & resistance at 3.03.
|
WTI |
-1.97 |
|
Brent |
-0.88 |
|
Natural Gas |
-2.17 |
