TAG: Citigroup Economic Surprise Index

WTI Oil: At the risk of a further drop to retest major range support of US$73.15-71.35/barrel

Citigroup Economic Surprise Indices across the different regions (except for Latin America) on average are suggesting lackluster economic growth. US crude oil inventories (excluding SPR) are showing signs of a build-up. Technical factors are suggesting f...

2 months ago

Russell 2000: Soft to no-landing is supporting another bullish upleg

Better than expected US non-farm payrolls & unemployment rate for September have revived the soft to non-landing narrative. The Citigroup US Economic Surprise Index has improved significantly since August. The improvement in US economic growth prospe...

1 day ago