Commodities Archives - SCOPE MARKETS Blog

Mover and Shakers – the best and worst of August 2023

Indices Best – Ibex 35 Worst – Hang Seng The Ibex 35 has outperformed over the course of August, gaining over 2%. The strength evident within the Spanish index highlights the heavy weighting of utility and financial stocks. With risk sentiment souring elsewhere in Europe and the US, utility stocks typically hold up well given […]

by Joshua Mahony
3 weeks ago

What Can We Expect From the OPEC+ Meeting & Oil Prices? A Detailed Technical Outlook for the 28 June – 2 July

After the demand impact caused by Covid19, OPEC+ has done a good job rebalancing the world oil market.

by Lulama Msungwa
2 years ago

Dollar Index & Gold Prices Chart 28 June – 2 July

Last week, the US Dollar Index failed to sustain its move to the upside following the Fed speaker’s dovish decision regarding tightening the interest rates.

by Lulama Msungwa
2 years ago

Silver vs Gold – Why Historical Performance Matters?

ilver and Gold metals differ from each other in some ways. In this topic, we will cover Silver vs Gold – Historical performance, price, ratio between the two, top 5 highest and lowest years for the spot ratios.

by Scope Markets
2 years ago

Stocks vs Gold vs REITs – 3 Historical Performances

When investors choose trade portfolios, they are usually lured to look for the newest and most prominent investment possibilities. But continuing investors must be conscious that allowing small-term trends to affect their investment strategy may be disruptive. Long-term or continuing investors should also perform a comparison between main investment instruments like Stocks vs Gold vs […]

by Scope Markets
2 years ago

Biden Suspends New Oil and Gas Drilling on Federal Land. How Will This Affect Oil Prices in 2021?

The oil market is growing as the main aim of President Biden’s environment and climate policy. Thus, fixing the stage for a showdown that can form the energy segment’s future.

Now, president Biden suspends new oil and gas drilling on federal land. Since the president is foreseen to declare an administrative order, individuals respond to the matter, in what is generally seen as an initial approach towards achieving Mr. Biden’s operations agreement to prevent drilling on national lands and maritime.

by Scope Markets
2 years ago