Tags » Brent Crude

Commodities weaken on soft demand

Crude oil prices fell sharply in July, especially Brent Crude which is testing support at $104/$106 per barrel. Breach of that support level, or $98/$100 for Nymex Light Crude, would signal a primary down-trend. 69 more words

China & HK

Gold retreats as Dollar strengthens

  • Treasury yields weaken further
  • The Dollar continues to strengthen
  • Inflation target remains at 2% p.a.
  • Gold retreats

Interest Rates and the Dollar

The yield on ten-year Treasury Notes broke support at 2.50 percent, indicating a test of 2.00 percent*. 309 more words

Spot Gold

Speculators trim bullish bets on brent

 By Graeme Ballard, eSignal and Advanced GET Trading Specialist

Speculators cut their bullish bets on brent during the week ending July 15, after the price of the raw material plunged to a three-month low.

Market News

15/7/2014-Nifty talk-Budget done, what to do now?

India’s Union Budget was put forth by the Finance Minister Arun Jaitley on July 10, 2014. The day of the budget saw a very volatile Nifty, moving up by 250 points (7480 to 7730) from the day’s low first and then giving back 150 points by the end of the day. 333 more words

Enough to make Gazputin grin

  • Chinese stocks drift lower
  • Crude oil rising
  • Other commodities weak

China’s Shanghai Composite Index continues to drift lower on the long-term, monthly chart.

Apart from crude oil, commodity prices have fared little better. 102 more words

Shanghai Composite Index

Black Gold v. Yellow Metal: Macro-Strategy Perspective

As if it were a segment in “Orange is the New Black,” the price correlation between Crude Oil (aka Black Gold) and the Yellow Metal continues to swing like a chandelier in a windy mansion. 350 more words

ETF News

25/6/2014-Nifty talk-Expect higher volatility levels

It’s going to be an eventful month of July for the D-street, with June F&O contracts expiring in a couple of days and budget due in July. 492 more words