Other Markets
Gold Analysis
Spot gold prices are trading modestly lower Tuesday after prices failed to breach some minor resistance around $1580 early on during the Asian session. Spot gold traded up to just over $1579 before prices fell back to session lows of around $1571.70 as risk assets became subject of some selling pressure in Asia, thought to […]
Crude Oil Analysis
July Nymex WTI crude prices have edged their way higher Tuesday, holding steady above $91.00 a barrel. Trading has been largely range bound coming off of yesterday’s U.S. holiday, with prices dipping early on in Asia from around $91.39 a barrel to session lows of $90.87 after some risk assets came under pressure from Japanese […]
Bonds Analysis
German government bonds are mixed midday Wednesday, with the yield curve steeper, albeit in thin volume trading with U.S closed for the Memorial Day holiday and a number of European countries also observing Whit Monday/Pentecost holidays.
Crude Oil Analysis
July Nymex WTI prices have advanced Monday in tandem with a risk rally seen across Asia for much of the session. Signs voters in Greece may back austerity measures required for a European Union (EU) bailout has seen risk assets subject to some short covering in Asia, with July WTI rallying to currently trade $91.74 […]
Gold Analysis
Spot gold prices are trading moderately lower Friday, with prices so far moving in tandem with the euro. Prices has staged a modest recovery yesterday, mainly driven by a pause in U.S. dollar buying.
Crude Oil Analysis
July Nymex WTI prices are trading in negative territory Friday after giving up some gains during Asian trade. Prices edged their way higher to around $91.04 a barrel early on in the session, but then began to fall away quite sharply as Asia developed a risk-off theme for the remainder of the session.
Bonds Analysis
German government bonds opened lower Thurs on profit-taking following strong risk-aversion bid on increased speculation of a Greek euro exit. A strong flight-to-quality bid was seen yesterday following story that the Eurogroup Working Group (EWG) has advised eurozone members to prepare individual contingency plans for a possible Greece exit, sent German yields to fresh record […]
Crude Oil Analysis
July Nymex WTI prices are trading higher Thursday after closing the previous session below $90 a barrel for the first time in seven months. Prices had plunged as low as $89.29 a barrel last night before some technical buying and a rally on Wall Street saw prices recover to close the session 2.1% lower at […]
Bonds Analysis
German government bonds are opening higher Wednesday, taking cue from late flight-to-quality gains in USTs towards the Chicago close and reduced expectations of any positive outcome from the EU Leaders Summit later today.
Gold Analysis
Spot gold prices are trading lower Wednesday, extending some sharp losses posted during yesterday’s session. Prices opened around unchanged levels in Asia but have since fallen to new session lows of around $1556, moving in tandem with a risk-off theme across Asian markets.
Crude Oil Analysis
July Nymex WTI crude oil prices are trading lower Wednesday, extending losses seen from the previous session. Oil remains pressured by risk aversion surrounding the eurozone, with yesterday’s lower growth forecasts from OECD adding to an already fragile environment in the oil market.
Gold Analysis
Spot gold prices have edged their way higher Monday extending the gains seen at the end of last week. Spot gold has currently held at $1591.40, just below Friday NY close of $1592.99 with prices so far hitting a session high of around $1599.30, tracking a steadier euro that has so far rallied during Asian […]