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21.03.2023: Recession fears return. Outlook for oil, gold, RUB
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02.06.2023: Wall Street shrugs off default fears anticipating pause in rate hikes.
2023-06-02 20:24 UTC+3
02.06.2023: How news about US employment may support USD? Outlook for EUR/USD and GBP/USD
2023-06-02 17:55 UTC+3
02.06.2023: Fed to take pause in monetary tightening? Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-06-02 15:14 UTC+3
02.06.2023: Trades await OPEC+ oil output decision. Outlook for oil, gold, RUB
2023-06-02 15:04 UTC+3
01.06.2023: Wall Street trading cautiously, but optimism dampened by strong labor market.
2023-06-01 19:49 UTC+3
01.06.2023: Oil prices under pressure again. Outlook for oil, gold, RUB
2023-06-01 17:09 UTC+3
01.06.2023: USD keeps winning. Outlook for EUR/USD and GBP/USD
2023-06-01 17:02 UTC+3
01.06.2023: USD rises despite Fed’s dovish rhetoric; outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-06-01 15:38 UTC+3
31.05.2023: Wall Street alert to vote on debt ceiling deal.
2023-05-31 20:22 UTC+3
31.05.2023: US may still face default. Outlook for EUR/USD and GBP/USD
2023-05-31 17:32 UTC+3
31.05.2023: Upcoming OPEC+ meeting to jolt oil market. Outlook for oil, gold, RUB
2023-05-31 15:35 UTC+3
31.05.2023: BoJ rhetoric keeps yen from falling - Outlook for USDX, USD/JPY, AUD/USD, NZD/USD
2023-05-31 15:22 UTC+3
30.05.2023: Market sentiment on Wall Street mixed amid debt limit deal, Fed’s agenda, and AI.
2023-05-30 19:52 UTC+3
30.05.2023: USD may rise amid mounting tension in Europe.
2023-05-30 17:59 UTC+3
30.05.2023: Oil, gold retreat. USD set for further gains. Outlook for oil, gold, RUB
2023-05-30 17:27 UTC+3
30.05.2023: Markets see high volatility; USD shows resilience - USDX, USD/JPY, AUD/USD, NZD/USD
2023-05-30 15:35 UTC+3
29.05.2023: US debt ceiling deal inspires Wall Street.
2023-05-29 20:12 UTC+3
29.05.2023: USD slackens ahead of new surge?
2023-05-29 16:44 UTC+3
29.05.2023: Markets kick off week on tepid note. Outlook for oil, gold, RUB
2023-05-29 16:35 UTC+3
29.05.2023: USD slides down after positive shifts in debt ceiling talks; USDX, USD/JPY, AUD/USD
2023-05-29 14:47 UTC+3
26.05.2023: Why USD continues rising? Outlook for EUR/USD and GBP/USD
2023-05-26 16:50 UTC+3
Although the dollar has weakened markedly over the past few days, oil has failed to see even a local rebound. The thing is that despite the steps taken by financial regulators to stabilize the banking sector, there are still risks of a deep recession, accompanied by a noticeable decline in demand, including for energy.
Moreover, the risk of a recession seems to be growing. It is what is putting pressure on oil prices. Much will depend on tomorrow's meeting of Fed members and their comments on economic activity. Until then, crude will probably keep trading around $73 per barrel.
According to the trading chart, Brent crude oil futures gained downside momentum and reached the psychological level of $70 per barrel. As a result, the volume of short positions decreased, thus allowing the quote to pull back upwards. To resume a downtrend, the quote needs to return below $71. In this case, the asset will have a chance of breaking through the 70 mark. Until then, the benchmark is expected to continue rebounding, supported by fundamental factors.
Yesterday, gold tried to break through the level of $2,000 per ounce but failed. As a result, the yellow metal retreated to $1,970. Tomorrow's meeting of the Federal Open Market Committee is of great importance to market participants. The focus of traders will be on follow-up comments. If the Fed signals imminent monetary policy easing, gold will easily overcome the mark of $2,000 per ounce.
Speaking of the Russian currency, increased market volatility may signal that the ruble is trying to stabilize within another price corridor. Apparently, the new trading range will be limited by the levels of 76 and 77 rubles per dollar. Of course, the ruble will periodically get out of the channel but almost immediately return to the indicated zone.

00:00 Introduction
00:23 Oil Market Situation
00:45 Brent
01:26 Gold
02:00 USD/RUB
02:24 Conclusion

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Calendar and reviews
Trader’s calendar on June 5 - 7: What economy proves to be most resilient?
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Trader’s calendar on May 25 - 26: USD to post gains?
Trader’s calendar on May 22 - 24: USD to remain strong?
Trader’s calendar on May 18 - 19: This week to decide USD's future.
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