Tim Clayton

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Tim is a contributing author to EconomicCalendar.com. He is an economist and has been involved in financial markets for over 20 years as an analyst. He specialises in global economic trends, macro policy and central banks. Extensive knowledge, experience and data mining is used to anticipate trends in equities, bonds and forex with a contrarian slant. He is a graduate of the University of York with a degree in Economics/Econometrics.
gold

Fed Caution Underpins Gold Prices, Buyers Unable To Make Headway

A cautious tone in the Federal Reserve minutes supported gold, although gains were limited as the dollar was able to show some underlying resilience...
jobs

US Jobless Claims Rise To 234,000, Moving Average Hits Fresh 44-Year Low

US Initial jobless claims increased slightly to 234,000 in the week ending May 20th from 233,000 previously which was revised slightly from the original...
oil tanker

Sources: OPEC Agrees 9-Month Extension To Production Cut, WTI Oil Price Slides

According to two delegates attending the OPEC meeting in Vienna, OPEC has agreed to extend the current production cuts for a further 9 months...
UK

UK Q1 GDP Growth Revised Down To 0.2%, Consumer Spending Slows

UK first-quarter GDP was revised down to 0.2% in the second estimate. This was lower than the first estimate of 0.3% and also below...
USA FOMC

Fed Minutes: Prudent To Wait For Further Evidence Before Hiking Again

At the May Federal Reserve Open market Committee (FOMC) meeting interest rates were left on hold with the Fed Funds rate remaining in a...
oil storage tanks

Crude Oil Prices Encounter Profit Taking, OPEC Deal Priced In

Fundamentals for the oil market were generally positive on Wednesday and inventories declined, but much of the favourable news had been priced in which...
crude oil storage

EIA Reports Crude Oil Inventories Decline 4.43 million Barrels, WTI Hits Resistance

The latest Energy Information Administration (EIA) data recorded an inventory draw of 4.43 million barrels for the week ending May 19th following a draw...
usdcad

Bank Of Canada Maintains Interest Rates At 0.5%, Optimistic On Growth

At its latest policy meeting, the Bank of Canada left interest rates on hold at 0.5% which was in line with consensus forecasts. ...
Gold

Dollar Recovery Pushes Gold Prices Lower, Fed Minutes In Focus

The dollar has staged a limited recovery over the past 24 hours which has curbed support for gold with markets waiting for the Fed...
oil tanks with oil tanker

API Reports 1.50 Million Barrel Inventory Draw, WTI Oil Price Hit By Profit Taking

The latest American Petroleum Institute (API) inventory data for the week ending May 19th reported a draw of 1.50 million barrels. Markets had been...

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Other News

NVIDIA (NVDA) Stock Spikes Extraordinarily, Is It a Selling Opportunity?

Nvidia's (NASDAQ:NVDA) stock price jumped massively over the last two weeks, surged from $105 to $140 a share, spurred by SoftBank's new stake of...

Micron Technology (MU): Buy and Hold For Robust Stock Price Appreciation

Improving demand for technological innovations and increasing digitalization trends have been moving tech stocks higher over the last twelve months. Micron Technology (NASDAQ:MU), a...
gold

Fed Caution Underpins Gold Prices, Buyers Unable To Make Headway

A cautious tone in the Federal Reserve minutes supported gold, although gains were limited as the dollar was able to show some underlying resilience...
laboratory

Promising Glaucoma Trial Results Push Aerie Pharma (AERI) 39% Higher

Investors are clamoring to snap up shares of Aerie Pharmaceuticals Inc (NASDAQ:AERI) this morning. The biotech’s stock is currently trading about 39 percent higher...

General Electric (GE) Stock Moves Into The Red, Why You Should Avoid It

General Electric's (NYSE:GE) share price extended the volatility, as the stock moves back to 52-weeks low just after touching the 52-week high of $33...
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