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Crude Oil Prices May Fall as US Retail Sales Data Shapes Fed Outlook of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News 2021-05-14 04:00:00 Ilya Spivak, Head Strategist, APAC CRUDE OIL OUTLOOK: US retail sales, consumer confidence data may stoke Fed policy pivot speculation WTI contract inches closer to confi...
Rubber approaches 52-week peak amid Kerala lockdown; analysts see 6% upside in a month SECTIONS Share Synopsis Analysts remain upbeat on rubber from a short- to medium-term perspective thanks to positive price trends, but caution traders that some profit taking cannot be ruled out. iStock India is the world’s second biggest consumer of natural rubber, behind China, and the sixth largest producer. Prices of rubber, an industrial commodity, jumped more than 1 per cent in thin trade on Monday, supported by its rise in the international markets and tight supplies back home. MCX rubber futures d...
Crude oil prices were unable to capitalize on an outsized draw from US inventories amid signs of softer end demand. Technical positioning warns that a major top may be forming.
Trouble for EUR/CAD, EUR/NOK: Q2 Top Trading Opportunities 2021-04-08 21:30:00 Daniel Moss, Analyst Central Bank Divergence, Resilient Oil Prices Spell Trouble for EUR/CAD, EUR/NOK Advertisement The Euro has lost a significant amount of ground against the commodity-sensitive Norwegian Krone and Canadian Dollar in the first quarter of 2021. The EUR/NOK and EUR/CAD exchange rates declined 4.5% and 4.9% respectively. These losses appear to stem from the divergence in the European Central Bank’s outlook for ...
Euro Price Forecast: EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD Key Levels 2021-04-08 02:00:00 Daniel Moss, Analyst Euro Technical Analysis, EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD – Talking Points: EUR/USD could extend gains after breaching Falling Wedge resistance. EUR/JPY at risk of a reversal as prices carve out Double Top pattern. EUR/NZD eyeing a more extended rebound higher after hurdling key resistance. The under-fire Euro has sprung back to life in recent days and rebounded robustly against its major counterparts. While this...