commodities

Equity markets stabilize as China intervenes. Gold hits a 1-month high, Euro breaks below 1.08 Japan monetary base y/y 29.5% vs. 33.2% Spain unemployment change m/m -55.8k vs. -50.0k Germany unemployment change -14k vs. -8k;…
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Crude Oil gains as US weekly inventory posts one of the largest drawdowns Crude Oil futures are up 5.19% this week after prices rallied strongly in the last 24 - 48 hours. The weekly EIA Crude oil inventories showed a surprising decline…
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Monday was the day Spain announced their winning party for the elections. Partido Popular (PP) won the referendum but the seats they obtained were 122 from an absolute majority - 176 needed, due to which forming a government will be a…
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Crude Oil - Weekly Analysis, 10/12 Crude Oil prices remain very bearish with prices earlier this week trading near a 7-year low. The bearish onslaught in Crude Oil prices came after the OPEC's meeting on December 4th. Failure to reach an…
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Crude Oil futures fall on EIA inventory report, but prices stabilize Crude oil futures fell -1.10% for the day yesterday as the weekly EIA crude oil inventories report showed inventory buildup of 0.3 million barrels, below the estimates of…
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Markets await October Fed minutes Australia CB leading index m/m -0.1% vs. -0.4% previously Australia MI leading index m/m 0.1% vs. 0.1% previously Australia wage price index q/q 0.6% vs. 0.6% Switzerland ZEW economic…
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Crude Oil futures decline sharply on a massive inventory build up WTI Crude Oil futures fell -3.49% for the day yesterday with prices posting a 10-week low at $41.26 a barrel. Crude Oil remained bearish for the most of this week, in total…
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Crude oil futures pare gains on inventories build up Crude Oil futures, trading at $46.38 a barrel is shaping out to be volatile this week after prices closed on a bullish note last week, testing the lows of $42.58. Prices have currently…
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WTI Crude Oil futures has been in the news for the most of last week as prices attempted to stage a strong rally after staying range bound for nearly 5 weeks after hitting a multi-year low to $39.86. As of Friday, 9th October, NYMEX Crude…
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Markets hold, awaiting Federal Reserve rate hike decision Today’s Economic Data: New Zealand GDP q/q 0.4 vs. 0.5% Japan trade balance -0.36tn vs. -0.35tn BoJ Gov. Kuroda speech SNB leaves Libor rate unchanged at -0.75%…
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