London Wrap: Metals Firm as Oil Tumbles, Bourses Slip
Gold rose 1.3% and silver firmed as crude sank over 4% and Europe's bourses slipped, with the IBEX off 1.21% and crypto leading the losers.
Energy
Articles
Energy
Technical
USOil Technical Snapshot: Uptrend, Off the Highs
USOil trades at 88.06, down 4.03% on the session, holding above its 50- and 200-day averages but 26.3% below its 52-week high.
The Daily Bullion: Gold up 1.3%, crude drops 4%
Gold leads at $4,180.99, up 1.3%, as U.S. crude sinks 4% and the dollar firms against the majors. Bitcoin holds $83,375 while the alt tail slides.
Energy
New York Wrap: Oil slides as Wall Street grinds higher
Crude led the losses as Brent and WTI slid, while the Nikkei, Wall Street and the Japanese yen firmed and precious metals bounced.
Energy
Technical
UKOil Technical Snapshot: down 3.2%, above 200-day
UKOil trades at 97.41, off 3.23% on the day, 1.8% under its 20-day but 5.8% above the 200-day. RSI is neutral at 51.1 and the weekly trend stays up.
Crypto
London Wrap: Litecoin surges 16% to lead crypto
Litecoin surged 16% to lead a broad crypto rally into the London close, while crude climbed over 2% and European equities edged higher.
Energy
New York Wrap: Oil jumps 3.7% as crypto, metals slide
Crude oil jumped over 3% while Polkadot, Uniswap and Dogecoin led a crypto sell-off and platinum, silver and gold retreated as the dollar firmed.
Energy
London Wrap: crude jumps as crypto and metals slide
Crude led London's session with UKOil up 3.72% and USOil 3.40%, while Polkadot fell 10% and platinum, silver and gold slid amid a firmer dollar.
Crypto
The Daily Bullion: Oil jumps as crypto sells off
Oil jumps 3-4% while crypto sells off hard β Polkadot -10%, Uniswap -9.7%, Bitcoin near $84,400 β and the dollar firms against euro, pound and Aussie.
Crypto
New York Wrap: Bitcoin Cash jumps 28%, oil slides
Bitcoin Cash jumped 28% and UNI 14% as small-cap crypto ran, while crude slid over 2% and US indices split with the Nasdaq 100 out front.
Crypto
The Daily Bullion: Bitcoin Cash surges 28%, majors quiet
Bitcoin Cash surged 28% and UNI 14% while EUR/USD and GBP/USD held flat and WTI crude slid below $90, down nearly 8% on the week.
Crypto
The Daily Bullion: crypto climbs, oil sinks 3%
Polkadot leads a crypto bounce while crude drops over 3% and the dollar firms across the majors. Here's where markets stand at the open.