Crude Oil Daily Outlook

By HY Markets

CRUDE OIL closed lower on Tuesday and the lowrange close sets the stage for a steady to lower opening when Wednesday's night session begins. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible nearterm. (9:42 am)

Greek Exit the Main Topic of EU Meeting

By Oil N'Gold

Comments from Former Greek Prime Minister Papademos damped market sentiment which had shown signs of improvement due to hopes of Chinese growth and absence of particularly bad news from the Eurozone. The Wall Street strengthened in early trading sess... (9:32 am)

MORE TOPICS: CHINA, GOLD, DOW JONES, EXISTING HOME SALES, MANUFACTURING, JAPAN

Asia Preview Gold, Silver and Crude Oil Trading

By LiveTradingNews

US Gold futures prices finished pit trade moderately lower Tuesday, pressured by Bearish outside markets that included a firmer USD index and lower Crude Oil prices. The Gold market is also seeing some consolidation on the charts after recent gains. (9:30 am)

MORE TOPICS: GOLD, INVESTMENT, SILVER, LONDON

Japan Imports of LNG in April Up 14.9%, Oil 12.9%

By IBTimes AU

With no more nuclear reactors to help augment its energy requirements, Japan's imports of liquefied natural gas (LNG) as well as crude oil have soared by as much as 14.9 per cent and 12.9 per cent, respectively, in April, data from the country's Ministry of Finance said. (9:12 am)

MORE TOPICS: JAPAN

Daily Dollar Forecast 05/23/2012

By Ozforex

A conservative day’s trade was witnessed in Asian hours yesterday as markets weighed up prospects for global growth with the ever-present fear of European contagion. (1:22 am)

MORE TOPICS: DOW JONES, EXISTING HOME SALES, RETAIL SALES, JAPAN, RETAIL, BANK OF JAPAN

Oil Drops After Mild Monday Gains As Iran Tensions Ease

By IBTimes

Good news out of Iran on Tuesday helped add to crude oil's price decline, already spurred by economic woes plaguing Europe. (11:48 pm)

MORE TOPICS: ISRAEL, NEW YORK, LONDON

European Stocks Boosted By Positive Outlook: Daily Markets Wrap

By IBTimes

Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiab... (10:13 pm)

MORE TOPICS: CHINA, GOLD, FEDERAL RESERVE, DOW JONES, GERMANY, MANUFACTURING, EUROPEAN UNION, JPMORGAN CHASE

Oil slips, choppy as IAEA nears deal with Iran

By Reuters

Oil prices fell on Tuesday in choppy trading as signs of a deal between the U.N.'s IAEA and Iran on Tehran's nuclear program eased fears of oil supply disruptions, while the unsettled euro zone debt crisis continued to threaten economic growth. (8:31 pm)

MORE TOPICS: ISRAEL, EUROPEAN UNION, JAPAN, NEW YORK, FORECLOSURES, LONDON

Wall Street gains on housing but rally ebbs

By Reuters

Financial and housing shares nudged Wall Street higher on Tuesday after U.S. existing home sales rose in April to their highest rate in nearly two years, but gains were capped by investors' concerns about the global economic outlook. (6:49 pm)

MORE TOPICS: GOLD, DOW JONES, BANK OF AMERICA, MORGAN STANLEY, NASDAQ OMX GROUP, EXISTING HOME SALES

Commodities Sink as OECD Cuts Eurozone, China Growth Outlook

By DailyFX

Commodity prices are trading broadly lower in Europe, with investors seemingly taking their risk appetite cues from a downward reversal in S&P 500 stock index futures rather than well-supported regional shares. (4:51 pm)

MORE TOPICS: CHINA, GOLD, MANUFACTURING, TWITTER, GDP, COPPER