Roberto Jacobs / Blog
WTI Climbs Further Near $48.00 Crude oil prices area extending the upside momentum at the beginning of the week, boosted by a weak greenback and Goldman Sachs news. WTI up on GS, USD, Nigeria The barrel of West Texas Intermediate is hovering over the upper-$47...
Macro Shocks and Financial Conditions – Goldman Sachs Research Team at Goldman Sachs, suggests that they have argued that financial conditions drive much of the business cycle, but what drives financial conditions...
Gold Inches Higher Post Disappointing US Economic Data Gold extended its bid tone after the release of disappointing Empire State manufacturing index from the US, lifting the yellow metal to a six-day high level of $1288.77...
EUR Shorts Reduced for Eight Consecutive Weeks - Rabobank Jane Foley, Research Analyst at Rabobank, lists down the IMM Net Speculators’ Positioning as at 10 May 2016...
GBP: Volatility Ahead? - Rabobank Jane Foley, Research Analyst at Rabobank, notes that the Bank of England Governor Carney yesterday defended the warnings over a Brexit that were contained in the Bank’s policy statement last week...
NZD/USD Rebounds Back above 0.6800 from the Vicinity of 100-DMA Support On the first trading day of the week, the NZD/USD pair started on back-foot led by weaker-than-expected Chinese economic data. The pair, however, witnessed a remarkable recovery from morning lows of 0...
EUR/JPY Recovers to 123.30 but Remains Vulnerable to Further Downside The EUR/JPY pair recovered over 65-pips from session low of 122.61 and has now moved to session peak level of 123.24...
EUR/USD in Highs above 1.1330 Post-US Data The buying interest around the common currency is now gathering further steam, lifting EUR/USD to fresh daily highs in the 1.1330/35 band...
FTSE, CAC Drop Amid Holiday-Thinned Markets The sentiment on the European equity markets remained calm, with only London and French markets open for trading, while rest of Europe enjoys Whit Monday holiday. Hence, a quiet trading calendar and low volumes kept the trading activity largely subdued...