The EIA inventory data exceeded expectations, and investment banks expected that the US-Russia meeting would not have a large-scale impact on crude oil supply, and prices were still driven by the original supply and demand fundamentals. In the context of supply exceeding expectations, the confidence of crude oil bulls is still suppressed.
Gold blockade triggered correction concerns, the market focuses on PCE data! The choice of crude oil direction needs to be driven by fundamentals, and the Federal Reserve's May meeting notes or reflects the policy shift...
Victor Ji, co-founder of Manta Network, attacked crypto market makers in a social media post, calling them "blood-sucking borers". He said the team receives offers to buy and acquire coins from so-called active market makers and OTCs every day, but he believes the market makers "don't look at the fundamentals of the project at all" and just profit from the project community. Victor Ji believes that if more and more money in the industry...
LME non-ferrous metals analysis, through the analysis of the fundamentals of copper, nickel, zinc, aluminum, lead, tin, and technical indicators such as moving averages, MACD, RSI, etc., to interpret the current market conditions and provide support/resistance and target reference.
Although the current technical pressure on gold, the fundamentals are still supporting the overall upward trend of gold. Analysts say that under the current intertwining of multiple factors, the gold market is building a solid foundation for structural strength.
Analysts said that the dollar's valuation remains high, fundamentals are weak, and it is facing uncertainties in public policy and trade policy. This is by no means a good opportunity to buy the dollar. Click to view...
Hong Kong Telecom has launched Go Wallet, a blockchain-based marketing and rewards platform designed to support the retail industry in Hong Kong. It is reported that Go Wallet uses Web3 technology and is built on a public blockchain network, allowing consumers to share electronic coupons with community users through social applications such as WhatsApp.
On January 27th, Binance founder CZ Yu X said, Stick to investing based on fundamentals, time will be on your side. Hot markets may have many opportunities or quick returns, but it is better to stick to fundamentals.
WTI crude oil fell for four consecutive days like a market "outcast", but there still seems to be a lot of support on the fundamentals, and there are upside risks in the short term.
Detailing the fundamentals of the crude oil market, the real reason for the disconnect between oil prices and inventory data is that non-agricultural precious metal prices continue to fluctuate, and the golden week has suffered three sell-offs.