HomeMarketsFuturesJobless Claims and Factors Driving Volatility In Crude Oil
Jobless Claims and Factors Driving Volatility In Crude Oil

Initial jobless claims came in at 222K versus the expected 240K. The employment numbers continue to trend in a positive direction, says Dan Deming of KKM Financial. There is some retesting of price discovery in crude oil future, he adds. Gold futures (/GC) are hovering around the 1800 level, explains Dan. He points out silver has a manufacturing attachment and there may be a slowdown. He weighs in on copper while Ben shows the chart of copper holding at just below the 50-day moving average.

Futures

02 Dec 2021

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