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Continue reading →: Comparing Many Models: Crude Oil Futures PriceCrude prices are declining over sharp revision to U.S. employment data which leads to concerns about slowing demand. U.S. Crude oil futures price has fluctuated above the point forecast line (XGBoost) year to date. Source code:
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Continue reading →: Exploratory Data Analysis: U.S. Crude Oil Production Surge on PricesU.S. Crude Oil Inventories increased more than expected, but this didn’t cause oil prices to decline amid FED rate cut expectations. Crude oil production increased by 68% since 2014, while prices fell by 20%. Source code:
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Continue reading →: Exploratory Data Analysis: Black Monday CrashThe Bank of Japan has raised the interest rates and Nikkei has crushed the worst since the Black Monday crash of October 1987. The S&P 500 and DAX have declined similarly, but the DAX has performed slightly better. The code block related to the above graph is:
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Continue reading →: Bootstrap Confidence Intervals: Exports in JapanJapanese Finance Minister Shunichi Suzuki recently said that the volatility in USD/JPY rates negatively impacts the price competition and even damages the profit of the exporters in Japan. To examine this claim, first, we will look at the movement of the exports of goods and services in Japan, Nikkei 225,…

