Other Markets
Bonds Analysis
German government bonds are trading higher Monday as EMU peripheral spreads widen, albeit in thin volume conditions. Attention turns to the Eurogroup meeting later today in Brussels and also comments from ECB President Draghi at the European Parliament, in Brussels.
Crude Oil Analysis
August Nymex WTI prices are trading moderately higher Monday after dropping more than 3% during Friday’s session. WTI posted a close of $84.45, down $2.51, after weak US jobs data fanned concerns about slowing oil demand due to lack of global growth.
Gold Analysis
Spot gold prices are trading narrowly lower Monday extending their declines for a third consecutive session. Sentiment in the precious metal remains on the fragile side, after Friday’s US non-farm payrolls report failed to ignite the flames of the quantitative easing (QE) brigade that had previously been buying dips of gold amid hopes of a […]
Bonds Analysis
German government bonds are trading higher Friday as EMU peripheral spreads widen led by Spain, albeit in thin volumes as market awaits key US payrolls data.
Gold Analysis
Spot gold prices are trading around unchanged levels Friday ahead of important US jobs data, due later today at 1230GMT. Gold prices ended Thursday’s session $11 lower to close at $1604.68 a troy ounce as prices slipped back amid an ADP employment report that suggests today’s non-farm data may not be as negative as first […]
Crude Oil Analysis
August Nymex WTI prices are trading in negative territory Friday ahead of important US jobs data due later today at 1230GMT. WTI prices have slipped back in Asian trading this morning in tandem with a general unwind of risk trades after the various moves by some of the leading central banks.
Nymex Oil Analysis
NYMEX light sweet crude oil futures settled down $0.44 at $87.22 per barrel after trading in a $86.50 to $88.98 range. This was in contrast to ICE Brent, which settled up $0.93 at $100.70 per barrel, after trading in a $99.30 to $102,34 range.
USTB Analysis
US Treasuries open NY higher. In TOKYO treasuries rose in catchup after US holiday to Wed European “risk-off” trade after weak German services PMI. Prices gained from getgo, as buying occurred in longer-end Tsys.
Bonds Analysis
German government bonds are trading little changed Thurs ahead of key policy decisions from the ecb, with prices pressured by selling in Gilts after the Bank of England increases its quantitative easing programme by Stg50.0bln – as expected.
Gold Analysis
Spot gold prices are trading around unchanged levels Thursday with market participants eagerly awaiting decisions from the Bank of England and European Central Bank.
Crude Oil Analysis
August Nymex WTI prices are trading lower Thursday ahead of central bank decisions from the ECB and BoE.
Bonds Analysis
German government bonds are sharply higher Wednesday, amid risk-off following weaker than expected German final services PMI data and also strong demand at the 5-year Bobl auction.