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    Home > Biochemistry News > Amino Acids Research > Multi-factor combined, NYMEX crude oil on May 22 major decline.

    Multi-factor combined, NYMEX crude oil on May 22 major decline.

    • Last Update: 2020-07-30
    • Source: Internet
    • Author: User
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    The dollar has strengthened sharply after mr. Bernanke's congressional testimony suggested a possible introduction of quantitative easing, a setback to expectations that markets would have held firm. At the same time, the Bank of England announced that it would keep the size of its debt purchases unchanged, and that the country's poorly published industrial data hit the outlook for demand. In addition, the U.S. Energy Information Administration released data showing that the country's crude oil inventories fell less than expected in the week, sending crude oil prices sharply lower. NYMEX June crude futures fell $1.90, or 1.98 percent, to 94.28 yuan a barrel.

    dUA

    on Wednesday (May 22): "

    dUA

    The possibility of quantitative easing in Bernanke's congressional testimony, which frustrated expectations that markets would have been firmly QE and the dollar strengthened sharply. At the same time, the Bank of England announced that it would keep the size of its debt purchases unchanged, and that the country's poorly published industrial data hit the outlook for demand. In addition, the U.S. Energy Information Administration released data showing that the country's crude oil inventories fell less than expected in the week, sending crude oil prices sharply lower.

    dUA

    -day K-line chart shows nyMEX crude oil futures closing in the lower negative line. Crude oil prices continued to strengthen steadily in Asia. Crude oil prices began to fall in early European trading, while U.S. sessions continued to fall.

    dUA

    NYMEX June crude futures hit a high of $96.19 a barrel, down $1.90, or 1.98 percent, at $94.01 a barrel.

    dUA

    fundamentals:

    dUA

    1. New York Fed President William Dudley reiterated the attitude expressed in his overnight speech on Wednesday, saying it was too early to decide how to exit the Federal Reserve's bond-buying program and that the economic outlook might not be clear enough to make such a decision even after March to April.

    dUA

    2. The euro zone's current account surplus for the March quarter was higher than expected, according to data released on Wednesday by the European Central Bank( European Central Bank), showing a seasonally adjusted current account surplus of 25.9 billion euros in March, with an expected surplus of $150.

    dUA

    3. The Bank of Japan (BOJ) voted unanimously on Wednesday to keep monetary policy unchanged, pledging to expand the base currency at 60-70 trillion yen ($5,850-$682 billion) a year and keep the unsecured overnight lending rate unchanged at 0-0.1%, in line with expectations. On the economic front, the Bank of Japan said in a statement that Japan's economic growth had accelerated and that japan's economic assessment had been revised upward sharply as exports stopped falling and capital spending as a whole had weakened. Japan's increased resilience in private consumption has helped consumer confidence, industrial output has stopped falling, showing signs of accelerating, and housing investment as a whole has accelerated.

    dUA

    fundamentals:

    dUA

    1. The Federal Reserve has released the minutes of its April 30-May 1 meeting. The minutes made it clear that some members did hold the view that "the easing of debt purchases as early as June", but most of them remain "wait-and-see". The minutes said several Fed officials would like to see more evidence that the U.S. economy is recovering before deciding whether to reduce the size of its debt purchases. But they believe the outlook for the US jobs market has improved.

    dUA

    2. Bernanke's congressional testimony said concerns about financial stability had recently increased slightly and that the risk of "financial instability" was closely watched because "financial instability" was indeed a measure of the size of monetary stimulus and "exit" factors.

    UA

    3. Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the central bank would closely monitor the bond market and respond flexibly to bond purchases and market operations.

    dUA

    4. The Bank of England's decision-making decision rejected the expansion of bond purchases by a 6:3 vote at its May meeting, the fourth consecutive month, as the economy showed signs of improvement. Mervin King, governor of the Bank of England, repeated his call for an additional $25bn in asset purchases at the meeting, but failed as expected. This is the penultimate policy meeting before King retires.

    dUA

    5. The National Association of Realtors (NAR) reported Wednesday that U.S. home sales rose 0.6 percent in April to 4.97 million, the highest since November 2009, at an estimated 4.99 million. Revised in March was 4.94 million households (up from 4.92 million).

    uA

    6.6. Canada's monthly retail sales rose slightly less than expected in March, according to data released Wednesday by Statistics Canada. Canada recorded a flat monthly retail sales rate of C$39.5 billion in March, with an expected monthly increase of 0.1 per cent, while the monthly rate of retail sales was revised up to 0.7 per cent in February and 0.8 per cent at the initial rate, the data showed.

    dUA

    7. Uk industry in May was slightly more optimistic about the state of business in May, but overall pessimism remained unchanged, according to data released wednesday by the Confederation of British Industry (CBI). The data showed that the UK's May CBI industrial orders were valued at -20, expected to be -19 and long-term equilibrium at -17. The market is expected to be -19.

    dUA

    8. Uk retail sales fell far short of expectations in April as food sales were constrained by year-on-year, while cold weather delayed the seasonal sales season, according to figures released wednesday by the Office for National Statistics. The data showed that UK retail sales grew at a seasonally adjusted rate of 0.5 per cent in April, expected to grow by 2.0 per cent, contracted by 0.5 per cent in March and 1.6 per cent in April last year.

    dUA

    9. U.S. crude inventories fell 338,000 barrels to 394.5 million barrels for the week, an estimate of 800,000 barrels, or 624,000 barrels lower, according to data released Wednesday by the U.S. Energy Information Administration.

    dUA

    technical surface pattern analysis:

    dUA

    day K line chart shows that NYMEX June crude oil futures closed with a lower-shadow line of the mid-line. Oil prices are below the 5-average, the MACD indicator is down, and the KDJ indicator is down. "Everyone is watching changes in U.S. demand because the driving season at this point in the

    leads to increased fuel demand," said Jonathan Barratt, president of

    DU

    A

    Barratt Bulletin. After a period of upward oil prices, there are concerns about whether price increases have been too large, and current prices are facing technical resistance.

    dUA

    Bernanke's congressional testimony about the possibility of quantitative easing, a setback to expectations that markets would have held firm QE, and the dollar strengthened sharply. At the same time, the Bank of England announced that it would keep the size of its debt purchases unchanged, and that the country's poorly published industrial data hit the outlook for demand. In addition, the U.S. Energy Information Administration released data showing that the country's crude oil inventories fell less than expected in the week, sending crude oil prices sharply lower. NYMEX June crude futures fell $1.90, or 1.98 percent, to 94.28 yuan a barrel.

    dUA

    on Wednesday (May 22): "

    dUA

    The possibility of quantitative easing in Bernanke's congressional testimony, which frustrated expectations that markets would have been firmly QE and the dollar strengthened sharply. At the same time, the Bank of England announced that it would keep the size of its debt purchases unchanged, and that the country's poorly published industrial data hit the outlook for demand. In addition, the U.S. Energy Information Administration released data showing that the country's crude oil inventories fell less than expected in the week, sending crude oil prices sharply lower.

    dUA

    -day K-line chart shows nyMEX crude oil futures closing in the lower negative line. Crude oil prices continued to strengthen steadily in Asia. Crude oil prices began to fall in early European trading, while U.S. sessions continued to fall.

    dUA

    NYMEX June crude futures hit a high of $96.19 a barrel, down $1.90, or 1.98 percent, at $94.01 a barrel.

    dUA

    fundamentals:

    dUA

    1. New York Fed President William Dudley reiterated the attitude expressed in his overnight speech on Wednesday, saying it was too early to decide how to exit the Federal Reserve's bond-buying program and that the economic outlook might not be clear enough to make such a decision even after March to April.

    dUA

    2. The euro zone's current account surplus for the March quarter was higher than expected, according to data released on Wednesday by the European Central Bank( European Central Bank), showing a seasonally adjusted current account surplus of 25.9 billion euros in March, with an expected surplus of $150.

    dUA

    3. The Bank of Japan (BOJ) voted unanimously on Wednesday to keep monetary policy unchanged, pledging to expand the base currency at 60-70 trillion yen ($5,850-$682 billion) a year and keep the unsecured overnight lending rate unchanged at 0-0.1%, in line with expectations. On the economic front, the Bank of Japan said in a statement that Japan's economic growth had accelerated and that japan's economic assessment had been revised upward sharply as exports stopped falling and capital spending as a whole had weakened. Japan's increased resilience in private consumption has helped consumer confidence, industrial output has stopped falling, showing signs of accelerating, and housing investment as a whole has accelerated.

    dUA

    fundamentals:

    dUA

    1. The Federal Reserve has released the minutes of its April 30-May 1 meeting. The minutes made it clear that some members did hold the view that "the easing of debt purchases as early as June", but most of them remain "wait-and-see". The minutes said several Fed officials would like to see more evidence that the U.S. economy is recovering before deciding whether to reduce the size of its debt purchases. But they believe the outlook for the US jobs market has improved.

    dUA

    2. Bernanke's congressional testimony said concerns about financial stability had recently increased slightly and that the risk of "financial instability" was closely watched because "financial instability" was indeed a measure of the size of monetary stimulus and "exit" factors.

    UA

    3. Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the central bank would closely monitor the bond market and respond flexibly to bond purchases and market operations.

    dUA

    4. The Bank of England's decision-making decision rejected the expansion of bond purchases by a 6:3 vote at its May meeting, the fourth consecutive month, as the economy showed signs of improvement. Mervin King, governor of the Bank of England, repeated his call for an additional $25bn in asset purchases at the meeting, but failed as expected. This is the penultimate policy meeting before King retires.

    dUA

    5. The National Association of Realtors (NAR) reported Wednesday that U.S. home sales rose 0.6 percent in April to 4.97 million, the highest since November 2009, at an estimated 4.99 million. Revised in March was 4.94 million households (up from 4.92 million).

    uA

    6.6. Canada's monthly retail sales rose slightly less than expected in March, according to data released Wednesday by Statistics Canada. Canada recorded a flat monthly retail sales rate of C$39.5 billion in March, with an expected monthly increase of 0.1 per cent, while the monthly rate of retail sales was revised up to 0.7 per cent in February and 0.8 per cent at the initial rate, the data showed.

    dUA

    7. Uk industry in May was slightly more optimistic about the state of business in May, but overall pessimism remained unchanged, according to data released wednesday by the Confederation of British Industry (CBI). The data showed that the UK's May CBI industrial orders were valued at -20, expected to be -19 and long-term equilibrium at -17. The market is expected to be -19.

    dUA

    8. Retail sales in the UK in April were far from falling, according to figures released wednesday by the Office for National Statistics.
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