Oil tankers reportedly reversing course on approach to Strait of Hormuz
MarineTraffic shipping data is saying that three oil and chemical tankers are diverting away from the Strait of Hormuz. And adding to that story is oil market journalist, Amena Bakr, who says that Kpler ship tracking is also showing two crude oil supertankers reversing course near the Strait of Hormuz. Disruptions are to be expected […]
Real Madrid boss Alonso claims Rudiger subject to racial abuse during Club World Cup win over Pachuca
Real Madrid manager Xabi Alonso has confirmed that Antonio Rudiger reported experiencing a racist incident during their 3-1 Club World Cup win over Mexican side Pachuca. The confrontation occurred in stoppage time when Rudiger clashed with Pachuca captain Gustavo Cabral, alleging he had been fouled in the build-up. The German defender quickly informed referee Ramon […]
IFLScience We Have Questions: Why Does Snow Sometimes Look Blue?
Snow is beautiful, but also powerful and destructive – and, if we’re honest, a bit confusing. For something made entirely of water, it can come in many forms: light and fluffy, sticky and heavy, shaped like a perfect snowflake, or falling in needle-like flecks. Its consistency changes a lot, but so does its color, which […]
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Down 15% from February, is IAG’s share price a prime short-term risk/long-term reward play?
Image source: Getty Images International Consolidated Airlines Group’s (LSE: IAG) share price has dropped 15% from its 7 February one-year traded high of £3.68. However, it has done so because of short-term factors that may disappear sooner rather than later, in my view. This would make its bearish-looking share price look like even more of […]
US dollar strength not driven by repricing in interest rates expectations
Rate cuts by year-end Fed: 50 bps (85% probability of no change at the upcoming meeting) ECB: 19 bps (94% probability of no change at the upcoming meeting) BoE: 47 bps (58% probability of rate cut at the upcoming meeting) BoC: 28 bps (71% probability of no change at the upcoming meeting) RBA: 73 bps […]
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Should I sell my S&P 500 tracker to buy top FTSE 100 stocks?
Image source: Getty Images For the last 15 years, the S&P 500‘s been the place to be. The US stock market has outstripped all rivals, largely thanks to the outperformance of its mighty technology sector. Europe, China, India and emerging markets generally haven’t kept up. Neither has the FTSE 100. It’s packed with old-school blue-chips in oil, […]
Gold Technical Analysis – The market remains rangebound
Fundamental Overview Gold continues to pull back from the highs reached after the first Israel attack against Iran despite renewed tensions over the weekend following US strikes. It looks like the market continues to bet on de-escalation, which is also what transpires from the crude oil market which remains rangebound. Traders continue to monitor the […]
Manchester City newboys Echeverri and Ait-Nouri earn Guardiola praise following 6-0 thrashing of Al-Ain
Pep Guardiola hailed two of his new signings as Manchester City cruised to a 6-0 win over Al-Ain at the Club World Cup. City were much too strong for their opponents from the United Arab Emirates with two goals from Ilkay Gundogan paving the way for a victory that sees the Premier League side qualify […]
