Roberto Jacobs / Blog
Brent: The Month Started with the Declining Price. Technical Analysis as of 01.06.2016 Overview and dynamics Since the opening of today's trading day, the oil price has been declining. In Asia, Brent crude oil fell by nearly $0.5, and during the European session the decrease continued...
Brent: Will the Recent Peaks be Updated? Fundamental Analysis as of 01.06.2016 Oil quotes have dropped today in the Asian market in the run-up to tomorrow's Opec meeting in Vienna that is not expected to change the cartel's policy...
ISM: Moderate Manufacturing Recovery Amid Rising Prices May’s ISM report signals continued moderate gains in the manufacturing sector. Production, new orders and export orders support the case for growth. Prices paid hint at rising input costs for manufacturers...
NZD/USD Fails to Benefit from Higher Dairy Prices NZD/USD is rising for the second day in a row and during the American session, it has been consolidating gains. The pair peaked earlier at 0.6830, the highest level since May 17 and then pulled back modestly. It was trading at 0.6804/08, up 0...
USD/CAD Drops to Lows ahead of ISM, API After briefly testing the 1.3100 neighbourhood, USD/CAD lost upside momentum and is now trading in the mid-1.3000s ahead of US data...
S&P Affirms Indonesia's Ratings at 'bb+/b', Outlook Positive Rating agency S&P has affirmed Indonesia's 'BB+' long-term and 'B' short-term sovereign credit ratings...
EUR/GBP: Above 0.7750/0.7800 It Could Re-Test 0.82 - Lloyds Analysts from Lloyds Bank warned that the 0.7750-0.7800 region in the EUR/GBP pair is a strong area and a break higher could lead to a re-test of 0.82. Key Quotes: “A strong bull day, after continuing to hold channel support in the 0...
USD/JPY Moves Off Lows, Still Vulnerable USD/JPY managed to recover some ground during the New York session, as the dollar benefitted from upbeat US manufacturing data, although the bounce has been limited, leaving the pair near daily lows. US ISM Manufacturing PMI rose to 51...
Sell-Off Ramps Up ahead of OPEC • Investors head for the hills, as Crude and indices plummet • OPEC meeting unlikely to help Oil prices • Volatility expected to rise as risk events come thick and fast June has started with less of a bang and more of a pop today, as investors were sent packing tow...