Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment 
China’s robots can run faster than Usain Bolt – now they are being prepared for war 
Who should own the knowledge that underpins AI technology? 
What is Zionism? The different meanings of a contested term 
AI is supercharging money scams – here’s what you can do to protect yourself 
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem 
Physicists zoom into the birth of cosmic rainstorms with new CERN study 
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
 - EconoTimes)
Add as a preferred source on Google
Energy segment continues the sideways trade grossly unmoved by economic dockets.Weekly performance at a glance in chart & table -
- Oil (WTI) - WTI failed to gain decisively above $50 and return to the level after making a high of $52.5/barrel. Major momentum is not expected until the levels broken. WTI is currently trading at $50.12/ barrel, down 0.80% for the day. Immediate support lies at 48 and resistance at 54.
- Oil (Brent) - Brent recovered some of the losses especially against the spreads and continues to trade sideways over the week. Further consolidation could be ahead as traders are searching for further conviction. Brent-WTI spread recovered further and trading just above $10, still down from $13 on Monday. Brent is trading at $60.2/barrel, down 0.50%. Immediate support lies at 58 & resistance at 63.
- Natural Gas - Natural gas, the best performer this week failed to maintain yesterday's bullish momentum over the unexpected fall in inventory. Natural gas is currently trading at $ 2.81/mmbtu after failed attempt to decisively break the level. Immediate support lies at 2.65 & resistance at 2.87.
|
WTI |
1.95% |
|
Brent |
-3.18% |
|
Natural Gas |
4.07% |
