Other Markets
Crude Oil Analysis
July Nymex WTI crude is trading in positive territory Monday, tracking some modest gains in Asian stocks and an improving euro in FX markets. July WTI futures had initially slipped to a low of around $91.14 after early trading in Asia saw some risk assets continue to extend to the downside.
Crude Oil Analysis
June Nymex WTI crude oil is trading in negative territory Friday, pressured by some extended risk aversion as market participants become increasingly concerned over the uncertainty surrounding Europe’s ongoing debt problems.
Gold Analysis
Spot gold prices are trading higher Thursday after trading down to a 4.5 month low on the previous session. Prices have spent the majority of the Asian session edging their way higher, with some mild risk covering seen across Asia.
Gold Analysis
Spot gold prices are trading lower Wednesday, extending their losses to the downside pressured by risk aversion. Prices kicked off the Asian session around $1545 and attempted to hold above the $1540 level, before a sharp decline in Asian stocks saw gold move in tandem as Asian markets got to grips with the uncertainty surrounding […]
Crude Oil Analysis
June Nymex WTI crude oil prices have fallen for the fourth straight session Wednesday, pressured by risk aversion as market jitters intensify over the uncertainty surrounding Greece. WTI has now fallen below $93.00 a barrel, with the market slumping to a session low of around $92.55.
Gold Analysis
Spot gold prices are edging their way back to unchanged to lower levels Monday, moving in tandem with a weaker euro. Some bargain hunters in the physical market initially helped prices recover from four month lows during the Asian session, with the precious metal recovering slightly to trade up to a session high at $1585.90 […]
Crude Oil Analysis
June Nymex WTI crude oil is trading lower Monday, pressured by a weaker euro across FX markets and continued uncertainty surrounding Greece. Greece’s deputy prime minister has said the country will run out of money in six weeks unless it honours its bitterly-disputed EU bailout deal, the Sunday Telegraph reported.
Gold Analysis
Spot gold prices are trading in negative territory Friday, moving in tandem with lower equity prices across Asia. Prices have once again been in decline after briefly getting back above $1600 during yesterday’s U.S. session.
Crude Oil Analysis
June Nymex WTI crude oil prices have slipped lower during Asian trading hours Friday, after OPEC members pumped above the group’s target for the month of April. Prices were already heading lower before the Asian opening moving in tandem with a general risk move lower following the JP Morgan announcement on the NY close that […]
Gold Analysis
Spot gold prices are trading around unchanged levels Thursday, with the market consolidating a little after three consecutive down sessions. Prices held around $1580 yesterday. Spot gold has been range bound for much of the Asian session, edging its way back higher in tandem with a slightly improved showing from the euro and a moderate […]
Crude Oil Analysis
June Nymex WTI crude oil is trading slightly lower Thursday with prices remaining pinned in a fairly tight range during Asian traded hours. June WTI is currently trading $96.68 a barrel after settling down 20 cents at $96.81 on Wednesday.
Bond Analysis
German government bond opened moderately lower Wednesday on profit-taking following recent risk-aversion bid, but have since reversed direction as risk-off sentiment continues to prevail, amid political uncertainty in Greece.