Tim Clayton

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.
crude oil storage

API Reports 6.18 Million Barrel Inventory Build, WTI Oil Price Moves Higher

The latest American Petroleum Institute (API) inventory data for the week ending September 8th recorded a build of 6.18 million barrels after a build...

Gold Prices Drift As Defensive Demand Dips, Investor Interest Holds Firm

Gold prices continued to edge lower late in US trading on Monday with a firm dollar maintaining some downward pressure on prices.The dollar made...
UK Currency - GBP

Higher Inflation Rate Boosts Sterling, GBP/USD Fails To Hold 11-Month Highs

Sterling is likely to maintain a firm tone ahead of Thursday’s Bank of England interest rate decision, especially if there is a stronger than...

US July Job Openings Increase To 6.17mn, Fresh Record High

US JOLTS job-openings data recorded a further increase for July to 6.17mn from a revised 6.12mn the previous month. The data was above consensus...
oil tanks with oil tanker

Crude Oil Prices Little Changed, Dollar Recovery Saps Support

A stronger dollar and uncertainty surrounding the impact of hurricane Irma put some downward pressure on oil prices, although with some reluctance to trade...

UK August CPI Inflation Rate Rises To 2.9%, Increased Pressure For Rate Hike

UK consumer prices rose 0.6% in August compared with consensus forecasts of 0.5%. The year-on-year rate increased to 2.9% from 2.6% previously and was...

Gold Prices Undermined By Dollar Recovery, Risk Conditions Stay In Focus

A dollar recovery and the absence of further North Korean missile tests have undermined immediate gold demand with reduced defensive demand.Gold prices continued...
usdcad canadian flag

August Canadian Housing Starts Rose To 223,232, Confidence Remains Firm

Canadian housing starts rose again in August with the stand-alone seasonally-adjusted annual rate (SAAR) at 223,232 from a revised 221,974 the previous month and...
crude oil

Crude Oil Prices Recover Ground, Irma Damage Less Than Feared

After heavy selling pressure on Friday oil prices recovered some ground on Monday with hopes that damage from hurricane Irma would be slightly less...
UK Currency - GBP

GBP/USD Holds Near 5-Week Highs, Sterling Bears Slightly Less Confident

Sterling can hold a slightly firmer tone in the short term, although stronger than expected CPI inflation data will be needed to trigger further...

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Euro Dollar EUR/USD

EUR/USD Weekly Forecast September 18-22

EUR/USD was under pressure in the early week but recovered in the second half of the week to erase about half of the week’s...
crude oil pumpjack

Crude Oil Prices Weekly Forecast September 18-22

WTI crude oil prices (USOIL) gained for a second consecutive week and seen once again attacking resistance at the psychological $50.00 handle. Oil...
US Dollar

DJIA Today: Dow Jones Futures Extend Record Run to Four Days

The Dow Jones Industrial Average rose again on Friday, extending its record-setting pace to four days, with defense contractors and technology firms leading the...

S&P 500 Futures Hit Record as Investors Shrug Off North Korea Threat

U.S. stocks advanced Friday, with the S&P 500 Index closing at a new all-time high as investors shrugged off North Korea’s latest provocation.The benchmark...

Coffee Prices: Robusta Falls as Speculators Exit Positions

Robusta coffee futures, which have been well supported for months due to razor-thin supplies fell on Friday due to a round of speculator selling...