Markets

Commodities: Crude Oil Rebound May Falter as Earnings Enter Spotlight

The recent recovery in crude oil prices may unravel as traders tune into the beginning of the corporate earnings season for guidance on risk appetite trends.

Talking Points

  • Oil Rebound May Unravel as Sentiment Looks to Q4 Earnings for Direction
  • Gold and Silver Prices Find De-Facto Support as US Dollar Corrects Lower

Sentiment-linked crude oil is on the upswing along with a narrow improvement in risk appetite in European hours, with regional shares edging higher. Gold and silver are likewise trading higher as the US Dollar corrects lower , offering de-facto support to anti-fiat assets. Copper is little-changed.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos